What is the median home value in Lake Township (Allen County), IN?

The median value of owner-occupied homes in Lake Township (Allen County), IN is $260,800 (±$15,306), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lake Township (Allen County), the median home value went from $160,500 in 2015–2019 to $260,800 in 2020–2024 (+62.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$260,800 (±$15,306)
Owner-occupied homes
948 (±140)
Most common range
$200,000 to $299,999

Home values in Lake Township (Allen County)

Owner-occupied homes by value, 2020–2024
ValueLake Township (Allen County)Allen CountyIndianaUnited States
Less than $50,0007.8% (±4.9 points)5.6%6.0%5.3%
$50,000 to $99,9991.4% (±2.0 points)8.4%10.1%6.1%
$100,000 to $149,9995.8% (±4.0 points)13.3%12.7%6.8%
$150,000 to $199,9999.5% (±5.4 points)17.7%15.8%9.0%
$200,000 to $299,99945.5% (±9.4 points)27.9%25.1%17.8%
$300,000 to $499,99923.3% (±6.6 points)20.0%21.8%26.9%
$500,000 to $999,9996.8% (±3.8 points)6.2%7.3%20.9%
$1,000,000 or more0.0% (±3.9 points)0.9%1.2%7.1%

The most common range is $200,000 to $299,999, 45.5% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lake Township (Allen County) against Allen County, its state and the nation

Estimate (90% margin of error)
Lake Township (Allen County)Allen CountyIndianaUnited States
Median home value$260,800 (±$15,306)$214,900 (±$2,752)$218,200 (±$739)$332,700
Owner-occupied homes948 (±140)107,825 (±1,275)1,916,243 (±9,865)84,210,142

In Lake Township (Allen County), the median home value is higher than in Allen County ($214,900).

It is also higher than in Indiana ($218,200).

It is lower than the national figure ($332,700).

In Allen County, Lake Township (Allen County) ranks 11 of 28 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 258 of 1,574.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lake Township (Allen County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$160,500 (±$28,513)$260,800 (±$15,306)+62.5%Up after inflation
Median owner cost with a mortgage$1,205 (±$178)$1,351 (±$103)+12.1%No measurable change after inflation
Median real estate taxes$1,224 (±$152)$1,572 (±$336)+28.4%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lake Township (Allen County)

Nearest places with a published estimate, compared with Lake Township (Allen County)
PlaceDistanceMedian home valueCompared with this place
Lake Township (Allen County)—$260,800 (±$15,306)—
Washington Township (Allen County)5.1 mi$202,000 (±$6,074)Lower
Eel River Township (Allen County)6.1 mi$294,300 (±$33,171)Not measurably different
Union Township (Whitley County)6.3 mi$214,600 (±$18,710)Lower
Aboite Township6.5 mi$310,200 (±$11,472)Higher
Churubusco6.7 mi$152,300 (±$16,102)Lower
Smith Township (Whitley County)6.9 mi$193,200 (±$15,113)Lower
Fort Wayne7.8 mi$188,900 (±$3,394)Lower
Huntertown8.0 mi$298,200 (±$18,638)Higher

Nearby places with a measurably lower figure: Washington Township (Allen County), IN ($202,000), Union Township (Whitley County), IN ($214,600), Churubusco, IN ($152,300).

Nearby places with a measurably higher figure: Aboite Township, IN ($310,200), Huntertown, IN ($298,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Allen County, place by place

RankPlaceMedian home value
5Perry Township (Allen County)$318,600 (±$9,789)
6Aboite Township$310,200 (±$11,472)
7Huntertown$298,200 (±$18,638)
8Eel River Township (Allen County)$294,300 (±$33,171)
9Springfield Township (Allen County)$276,700 (±$89,230)
10Jackson Township (Allen County)$276,300 (±$100,928)
11Lake Township (Allen County)$260,800 (±$15,306)
12Scipio Township (Allen County)$239,700 (±$66,542)
13Marion Township (Allen County)$235,800 (±$31,502)
14Maumee Township$221,300 (±$50,738)
15Jefferson Township (Allen County)$214,000 (±$21,140)
16St. Joseph Township$208,100 (±$5,837)
17Madison Township (Allen County)$206,500 (±$36,599)

Showing 13 of 28 places in Allen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Township (Allen County)

What is the average home value in Lake Township (Allen County), IN?

The Census Bureau publishes the median: $260,800 (±$15,306) for owner-occupied homes in Lake Township (Allen County) (2020–2024 American Community Survey).

Have home values in Lake Township (Allen County) gone up?

In Lake Township (Allen County), the median home value went from $160,500 in 2015–2019 to $260,800 in 2020–2024 (+62.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Lake Township (Allen County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake township, Allen County, Indiana (county subdivision:40932, in state:18 county:003).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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