Scott Kingan - Real Estate Broker

05/06/2026

New home sales saw a noticeable jump in March, while median prices moved lower year-over-year.

That combination is interesting because it may suggest builders are adjusting pricing and incentives to keep buyers moving despite affordability challenges and higher borrowing costs.

Inventory, pricing, interest rates, and consumer confidence are all creating a very different market than we saw just a few years ago — and local markets can behave very differently from the national headlines.

It’ll be interesting to watch how the spring market develops here in Northwest Indiana. 🏡

Sales of new single-family homes jumped 7.4% in March to an annual rate of 682,000, 3.3% higher than in March 2025. The median sales price of new houses sold in March 2026 was $387,400, 5.3% lower than the previous month and 6.2% below the March 2025 price of $412,900.

04/24/2026

Interesting (and concerning) data from NAR: first-time buyers now make up just 21% of home purchases — an all-time low.

That says a lot about today’s affordability and inventory challenges.

As someone working with buyers and sellers in Northwest Indiana, I see both the opportunities and the headwinds. For many first-time buyers, higher prices, limited inventory, and financing costs have made the path to homeownership harder than it should be.

Worth paying attention to.

04/09/2026

Wow, this home is absolutely stunning! Hard to believe it is almost 200 years old. Also a good reminder that often times the best "new" home might be the oldest. BRAVO!!! 👏👏👏

Be sure to read the entire article and see all of the beautiful photos.
👉 bit.ly/4t0tFug

Designer Louise Copeland found the ultimate project and client in this historic Germantown home.

03/30/2026

📊 Hobart Market Update

Continuing the local breakdown — here’s the latest snapshot for the Hobart market.

Median listing price is now $274,900.

That’s:

• Up from an early-year low near $242,400
• Peaked around $283,808 mid-year
• Holding relatively steady in the $270K–$280K range in recent months

Hobart tends to offer a more affordable entry point within Northwest Indiana, with steady demand supporting more consistent pricing compared to some higher-priced markets.

This doesn’t indicate a major shift — it reflects a stable market with moderate fluctuations throughout the year.

Buyers remain active.
Pricing continues to matter.
And well-positioned homes are still moving.

For sellers: accurate pricing and presentation are key.
For buyers: opportunities exist, but desirable homes are still attracting attention.

As we move through 2026, this is a trend worth watching in the Hobart market.

Happy to talk through what it means for your property or plans.

03/29/2026

📊 Portage & Ogden Dunes Market Update

Continuing the local breakdown — here’s the latest snapshot for Portage and Ogden Dunes.

Median listing price is now $329,000.

That’s:

• Down from a spring peak near $368,675–$360,000
• Sharp adjustment through mid-to-late 2025
• Showing a recent rebound in early 2026

Portage and Ogden Dunes offer a diverse mix of housing — from more affordable entry points to higher-value properties near the lake — which can contribute to more noticeable shifts in pricing over time.

This doesn’t indicate a long-term decline — it reflects a market resetting after mid-year highs and beginning to stabilize.

Buyers are active.
Pricing remains important.
And well-positioned homes are still attracting attention.

For sellers: pricing correctly and understanding your segment of the market is key.
For buyers: there may be more flexibility compared to earlier in the year.

As we move through 2026, this is a trend worth watching in the Portage and Ogden Dunes market.

Happy to talk through what it means for your property or plans.

03/28/2026

📊 Michigan City Market Update

Continuing the local breakdown — here’s the latest snapshot for the Michigan City market.

Median listing price is now $299,500.

That’s:

• Down from a peak near $321,500 late summer
• Recovered from a dip around $270,000 late last year
• Stabilizing in the $295K–$300K range in early 2026

Michigan City tends to see a broader mix of housing — from entry-level homes to lakefront and investment properties — which can lead to more noticeable price movement over time.

This doesn’t point to a sharp shift — it reflects a market adjusting and stabilizing after some late-year volatility.

Buyers are active.
Pricing remains important.
And well-positioned homes are still attracting attention.

For sellers: pricing correctly and understanding your segment of the market is key.
For buyers: there may be more opportunity and flexibility than earlier in the cycle.

As we move through 2026, this is a trend worth watching in the Michigan City market.

Happy to talk through what it means for your property or plans.

03/27/2026

📊 Valparaiso Market Update

Continuing the local breakdown — here’s the latest snapshot for the Valparaiso market.

Median listing price is now $397,348.

That’s:

• Up from a recent low near $355,000 late last year
• Showing a strong rebound through early 2026
• Back near the upper range of the past year

Valparaiso tends to be one of the more active and stable markets in Porter County, with a consistent mix of housing, amenities, and demand supporting pricing over time.

This recent movement suggests a recovery in pricing after a late-year dip, rather than a longer-term decline.

Buyers are still active.
Pricing remains important.
And well-positioned homes are continuing to attract attention.

For sellers: strong demand is still present, but pricing correctly remains key.
For buyers: while opportunities exist, desirable homes are still moving quickly.

As we move through 2026, this is a trend worth watching in the Valparaiso market.

Happy to talk through what it means for your property or plans.

03/26/2026

📊 Northern Porter County Market Update

Continuing the local breakdown — here’s the latest snapshot for Chesterton, Porter, Dune Acres, and Burns Harbor.

Median listing price is now $369,400.

That’s:

• Down from a late summer peak near $414,900
• Gradually trending lower through late 2025
• Showing some recent stabilization in early 2026

Northern Porter County tends to see more consistent activity due to location, housing mix, and proximity to major routes and amenities. That can lead to more defined pricing trends compared to some of the more rural parts of the county.

This doesn’t point to a sharp shift — it reflects a moderate adjustment after stronger pricing mid-year.

Buyers are more selective.
Pricing remains important.
And well-positioned homes are still moving.

For sellers: accurate pricing and presentation matter.
For buyers: there may be more opportunity than earlier in the year.

As we move through 2026, this is a trend worth watching in the northern part of Porter County.

Happy to talk through what it means for your property or plans.

03/25/2026

📊 Southern Porter County Market Update

Continuing the local breakdown — here’s the latest snapshot for Hebron, Boone Grove, and Kouts area.

Median listing price is now $324,750.

That’s:

• Down from recent highs near $357,000–$362,000
• Slightly lower than late 2025 levels
• Showing some price adjustment over the past few months

Southern Porter County tends to behave a little differently than more densely populated areas. Larger properties, fewer transactions, and a more selective buyer pool can all contribute to price movement like this.

This doesn’t point to a sharp drop — it reflects a market finding its balance after stronger pricing earlier in the cycle.

Buyers are more measured.
Pricing strategy matters.
And well-positioned homes are still attracting attention.

For sellers: pricing and positioning are key.
For buyers: there may be more flexibility than we’ve seen in recent years.

As we move through 2026, this is a trend worth watching in the southern part of Porter County.

Happy to talk through what it means for your property or plans.