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Stallbohm Barn-Kaske HouseStallbohm Barn-Kaske House · Photo: Nyttend · Public domain
Housing in Munster

307 homes sold in Munster in the last year, at a typical $367K

About one sale in 5 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 Munster homes are listed.

Homes sold
307
June 2025 to May 2026
Typical sale price
$367K
houses $393K · condos $217K
Price per square foot
$167
Indiana $148
Paid vs. asking
97.9%
18% sold over asking
For sale now
53
May 2026 · 29 sold that month
What sold · last 12 months

13% of Munster’s sales are condos, at $176K less than a house

239 houses and 40 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$393K

typical sale · 239 sold in 12 months

Per square foot
$169IN $148
Days to sell
46
Sold over asking
21%
Listings with a price cut
41%
Condos$217K

typical sale · 40 sold in 12 months

Per square foot
$148IN $160
Days to sell
54
Sold over asking
5%
Listings with a price cut
30%
Fewer sales

Multi-family (2–4 units): 5 sold, typical $395K
Townhouses: 23 sold, typical $346K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

307 sales in the last year, against 415 in 2021 and a low of 261 in 2012. The typical sale went from $204K in 2016 to $367K.

Homes soldTypical sale price
0112225337450$175K$250K$325K$400K2012: 261 sold, typical $179K’122013: 325 sold, typical $183K2014: 332 sold, typical $182K’142015: 315 sold, typical $187K2016: 378 sold, typical $204K’162017: 391 sold, typical $216K2018: 399 sold, typical $234K’182019: 339 sold, typical $241K2020: 410 sold, typical $269K’202021: 415 sold, typical $303K2022: 384 sold, typical $311K’222023: 295 sold, typical $326K2024: 305 sold, typical $346K’242025: 302 sold, typical $363KLast 12 months: 307 sold, typical $367KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Munster

Houseat $169 a sq ft
Condoat $148 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Munster 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.

What the sales history says · 14 years of sales

Bidding wars in Munster are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Munster’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, 307 sales.

If you’re buying in Munster

  • Shop in April. It brings about 38 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • You can negotiate. 39% of listings have cut their price, against 1% before the pandemic.
  • Offer under asking. Buyers paid 97.9% of the list price on average; 18% paid over.
  • You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 45 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 48 a month), but May is the most competitive: 23% of May sales close over asking. April offers nearly as much choice with fewer homes bid up (16%). January has the least competition (10%) but only about 23 new listings.

New listings a monthShare sold over asking
012.52537.55013%27%40%Sweet spotJan: 23 new listings a month, 10% sold over asking, 84 days to sellJFeb: 23 new listings a month, 15% sold over asking, 80 days to sellFMar: 36 new listings a month, 15% sold over asking, 87 days to sellMApr: 38 new listings a month, 16% sold over asking, 55 days to sellAMay: 46 new listings a month, 23% sold over asking, 56 days to sellMJun: 48 new listings a month, 22% sold over asking, 52 days to sellJJul: 42 new listings a month, 21% sold over asking, 52 days to sellJAug: 42 new listings a month, 18% sold over asking, 55 days to sellASep: 37 new listings a month, 17% sold over asking, 59 days to sellSOct: 29 new listings a month, 13% sold over asking, 59 days to sellONov: 25 new listings a month, 15% sold over asking, 56 days to sellNDec: 15 new listings a month, 11% sold over asking, 72 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

Munster now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price18%11%32%19%
Gone within two weeksShare of homes under contract within 14 days36%1%12%37%
Listings with a price cutShare of homes for sale that cut their price39%1%23%33%
Price paid vs. askingAverage sale price ÷ list price97.9%97.4%99.1%97.7%
Days to sellMedian days from listing to contract45725235
Supply

74 homes for sale on a typical day

That’s 1.3 times the 2023 low (57), 37% fewer than in 2017–19 and well under 2012’s 170.

2012: 170 for sale’122013: 143 for sale2014: 158 for sale2015: 160 for sale’152016: 143 for sale2017: 129 for sale2018: 117 for sale’182019: 106 for sale2020: 92 for sale2021: 76 for sale’212022: 68 for sale2023: 57 for sale2024: 64 for sale’242025: 77 for saleLast 12 months: 74 for saleNow
Room to negotiate

1 in 3 listings has cut its price

39% in the last year, against 1% in 2017–19 and 33% across Indiana. More sellers are pricing high and coming down.

2016: 1%’162017: 1%2021: 23%2022: 30%’222023: 24%2024: 30%2025: 37%’25Last 12 months: 39%Now
Prices by type

Since 2019, houses are up 50%, condos 54%

A house typically sold for $393K in the last year (239 sales), a condo for $217K (40).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $207K, 231 salesHouses 2014: $212K, 251 salesHouses 2015: $209K, 229 salesHouses 2016: $224K, 284 salesHouses 2017: $236K, 297 salesHouses 2018: $257K, 299 salesHouses 2019: $262K, 264 salesHouses 2020: $293K, 320 salesHouses 2021: $320K, 340 salesHouses 2022: $336K, 273 salesHouses 2023: $359K, 222 salesHouses 2024: $363K, 238 salesHouses 2025: $399K, 233 salesHouses last 12 months: $393K, 239 salesHouses $393KCondos 2013: $111K, 70 salesCondos 2014: $119K, 56 salesCondos 2015: $118K, 63 salesCondos 2016: $123K, 63 salesCondos 2017: $128K, 69 salesCondos 2018: $133K, 61 salesCondos 2019: $141K, 57 salesCondos 2020: $150K, 61 salesCondos 2021: $179K, 53 salesCondos 2022: $215K, 95 salesCondos 2023: $217K, 60 salesCondos 2024: $236K, 59 salesCondos 2025: $211K, 52 salesCondos last 12 months: $217K, 40 salesCondos $217K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Indiana

Munster ranks 68th of 132 busy Indiana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Munster 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.

Rent or buy?

Owning the typical Munster home costs about $2,251 a month

Mortgage
Property tax
Insurance
Rent

Price: Munster’s typical sale, last 12 months. Property tax at Munster’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Munster is affordable on local pay is on Cost of living.

Before you buy in Munster

Six things worth knowing

48

New listings in June

The month with the most choice. December has the fewest, about 15.

Best time to buy
1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $367K home, about $4,020 a year.

Taxes vs. neighbors
A+

Schools

The schools grade for Munster, from test results, graduation and how much students grow.

Schools in Munster
28 min

Typical commute

The average one-way trip to work for people who live in Munster.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Lansing, Lynwood, Calumet City and Griffith sell for less a square foot

The busier markets within 25 miles of Munster, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Calumet City360$159K$11941%98
Lansing332$205K$14736%79
Highland318$266K$16723%28
Munster307$367K$16718%45
Dyer208$319K$17315%34
Griffith183$259K$15619%29
Lynwood80$246K$14239%83

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.

Selling, or renting out?

Post your home to Munster, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Munster. People who follow the town see it, and so do people comparing Munster with their own town. No commission, no listing fee.

Questions about buying a home in Munster

What do homes sell for in Munster, IN?

307 homes sold in the year to May 2026 at a typical $367K, $167 a square foot. Houses sold for about $393K, condos for about $217K.

Is Munster a buyer’s or seller’s market?

A seller’s market: 53 homes were for sale in May 2026 and 29 sold, about 1.8 months of supply. Buyers paid 97.9% of asking on average, and 39% of listings cut their price.

When is the best time to buy in Munster?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Munster?

About 1.1% of a home’s value a year. On a $367K home that’s near $4,020.

Where can I see homes for sale in Munster?

Zillow, Redfin, Realtor.com and Homes.com all carry Munster’s MLS listings; the search links above open each one filtered to Munster.

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).