Cedar Lake, Indiana.
Typical home $335,760 (+2.3% in a year), asking rent $1,848 . Chicago-Naperville-Elgin, IL-IN-WI metro.
to buy the typical home at today's mortgage rate — +$914 (+108%) since Jan 2020.
- 1 year
- Up $7,430 +2%
- $328,330$335,760 since Sep 2025
- 5 years
- Up $56,328 +20%
- $279,432$335,760 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Cedar Lake$1,762
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in Cedar Lake, IN rose 2.3% over the past year — faster than the nation's +1.2%.
Living in Cedar Lake, Lake County, Indiana
Cedar Lake is a town of 14,106 people in Lake County. Half its households earn more than $83,381 a year and half less, against $71,493 across Lake County; 4% of its people live below the poverty line. 85% of its homes are lived in by their owners and 15% are rented. Unemployment in Lake County was 4.8% in August 2026, and the county had about as many jobs in 2025 as the year before. The most residents work in schools and health care, then construction.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Cedar Lake is a town where nearly all homes are lived in by their owners, and household incomes run higher than across Lake County as a whole. Few residents live below the poverty line, and the typical home value sits in the mid-range for a town of its kind. The population is middle-aged, and a good share of adults hold a four-year degree. Winters are cold, with January highs near freezing and a fair amount of snow, while summers are warm, and rain and melted snow fall steadily through the year.
Work. Residents work mostly in schools, hospitals and social care, followed by the building trades, shops and restaurants, hotels and entertainment. Across Lake County, some of the largest workplaces are United States Steel, Cleveland-Cliffs Steel and Community Hospital. The typical commute is a long one, and only a small share of people work from home. Unemployment across the county has eased slightly over the past year, while the number of jobs has stayed about level.
Things to do. Sauzer's Kiddieland, an amusement park, is a short drive away. Farther afield, a longer drive brings you to Indiana Dunes National Park, and to Taltree Arboretum and Gardens, a botanical garden. Hoosier Prairie State Nature Preserve, a protected area, is also a longer drive away.
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- 5,500households
- 27%of adults have a degree
- 4%below the poverty line
- 32 mintypical commute
- 7%work from home
What residents work in
Employed residents by industry, from the Census survey. Lake County had 191,579 jobs in 2025, about as many as the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 15°; warmest in July, with highs near 84° and lows near 62°. About 30 inches of snow and 40 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Lowell weather station, 8 miles away (NOAA).
Largest workplaces in Lake County
- United States SteelSteel mills3,817
- Cleveland-Cliffs SteelSteel mills3,547
- Lake County GovernmentCounty supervisors' and executives' offices2,619
- Community HospitalGeneral hospital2,502FTE
- Methodist HospitalsGeneral hospital1,845FTE
- School City of HammondSchool district1,718FTE
- bp Whiting RefineryPetroleum refineries1,558
- Crown Point Community School CorpSchool district1,215FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 396 workplaces with 20 or more staff, 61,059 people in all across the county; Cedar Lake has two of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- TornadoesVery high
- Winter weatherRelatively moderate
- LightningRelatively moderate
- Strong windRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Cedar Lake’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lake County and the Chicago-Naperville-Elgin, IL-IN-WI metro.
Cedar Lake home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Cedar Lake$335,760
- Indiana$257,165
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Cedar Lake listings, and the typical home goes pending in 18 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Cedar Lake37.70%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Cedar Lake18
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Cedar Lake126
New listings per month
Sellers arriving at the market.
- Cedar Lake38
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Cedar Lake$337,453
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Cedar Lake98.64%
Zip codes with a Cedar Lake address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Cedar Lake — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.