Above, you'll find an overview of the real estate market in Michigan City, IN. Generally, real estate in the Michigan City, IN area is more affordable in Indiana, as the median price of a home in Michigan City, IN is $90,200, which is 29% lower than the Indiana average. The median rental price in Michigan City, IN is $717. This is 5% lower than the average rental price in Indiana. Home owners comprise 54.5% of the population of Michigan City, IN, where an average of 2.2 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Michigan City, IN. Below, you can search for real estate listings in Michigan City, IN using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.