Photo: Steve Shook · CC BY 2.0274 homes sold in Cedar Lake in the last year, at a typical $306K
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cedar Lake homes are listed.
Every place Cedar Lake homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Cedar Lake.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 69% of Cedar Lake’s sales, at a typical $330K
274 homes sold in the year to May 2026.
typical sale · 188 sold in 12 months
- Per square foot
- $181IN $148
- Days to sell
- 45
- Sold over asking
- 18%
- Listings with a price cut
- 22%
Multi-family (2–4 units): 3 sold, typical $319K
Townhouses: 79 sold, typical $284K
Condos: 4 sold, typical $467K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
274 sales in the last year, against 398 in 2022 and a low of 150 in 2012. The typical sale went from $160K in 2016 to $306K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Cedar Lake
Check a listing against what Cedar Lake homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Cedar Lake are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of Cedar Lake’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 274 sales.
If you’re buying in Cedar Lake
- Shop in March. It brings about 31 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
- Bid near asking. Buyers paid 98.3% of the list price on average; 16% paid over.
- You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 46 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 38 a month), but April is the most competitive: 23% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (17%). January has the least competition (10%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Indiana as a whole
| Cedar Lake now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 16% | 15% | 35% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 33% | 3% | 9% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 24% | — | 15% | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 98.3% | 98.2% | 99.5% | 97.7% |
| Days to sellMedian days from listing to contract | 46 | 87 | 57 | 35 |
88 homes for sale on a typical day
That’s 23% fewer than in 2017–19 and well under 2016’s 139.
1 in 4 listings has cut its price
24% in the last year, against — in 2017–19 and 33% across Indiana.
Since 2019, houses are up 45%, condos 95%
A house typically sold for $330K in the last year (188 sales), a condo for $467K (4).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Cedar Lake ranks 87th of 132 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Cedar Lake is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Cedar Lake home costs about $1,840 a month
Price: Cedar Lake’s typical sale, last 12 months. Property tax at Cedar Lake’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cedar Lake is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 18.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $306K home, about $2,910 a year.
Taxes vs. neighborsSchools
The schools grade for Cedar Lake, from test results, graduation and how much students grow.
Schools in Cedar LakeTypical commute
The average one-way trip to work for people who live in Cedar Lake.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Hanover Township, Crown Point, Lowell and Schererville sell for less a square foot
The busier markets within 25 miles of Cedar Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Crown Point | 554 | $317K | $178 | 21% | 44 |
| Schererville | 469 | $345K | $167 | 18% | 46 |
| St. John Township | 428 | $448K | $187 | 18% | 61 |
| Lowell | 327 | $332K | $174 | 9% | 62 |
| Cedar Lake | 274 | $306K | $184 | 16% | 46 |
| Hanover Township | 37 | $208K | $159 | 19% | 76 |
| Lake Dalecarlia | 21 | $389K | $183 | 19% | 41 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Cedar Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cedar Lake. People who follow the town see it, and so do people comparing Cedar Lake with their own town. No commission, no listing fee.
Questions about buying a home in Cedar Lake
What do homes sell for in Cedar Lake, IN?
274 homes sold in the year to May 2026 at a typical $306K, $184 a square foot.
Is Cedar Lake a buyer’s or seller’s market?
A seller’s market: 78 homes were for sale in May 2026 and 28 sold, about 2.8 months of supply. Buyers paid 98.3% of asking on average, and 24% of listings cut their price.
When is the best time to buy in Cedar Lake?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Cedar Lake?
About 1% of a home’s value a year. On a $306K home that’s near $2,910.
Where can I see homes for sale in Cedar Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Cedar Lake’s MLS listings; the search links above open each one filtered to Cedar Lake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).