Shipshewana Lake: Housing & Real Estate
Shipshewana Lake's median home value is $325,000, with median rent $821 (about the same as LaGrange County median $817; 1.2× below Indiana median $972). Homeownership rate: 40.1%. That's 1.4× higher than the LaGrange County median ($230,300); 1.7× higher than the Indiana median ($189,322).
- 4.6× annual income — home value vs. household income (vs Indiana 2.6×).
- 33.0 years to break even renting at the median (vs Indiana 16y).
Home Values & Rent
Median home value $325,000 — 1.7× the Indiana median ($189,321). Median rent $821/month. homeownership rate 40.1% — below the U.S. share of ~65%.
| Median Home Value | $325,000 (vs Indiana $189,322) |
|---|---|
| Median Rent | $821 (vs Indiana $972) |
Other
| Homeownership Rate | 40.1% |
|---|---|
| Median Year Built | 2003 |