Homestead, Highland, IN
Homestead — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Homestead, Highland, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Homestead Neighborhood Overview
Homestead is a residential neighborhood located within the town of Highland, Indiana. It offers residents a quiet, suburban atmosphere with convenient access to the amenities of Northwest Indiana and the Chicago metro area. The community is characterized by its high rate of homeownership and family-friendly environment.
Lifestyle & Amenities
Residents enjoy a suburban lifestyle with easy access to local parks, shopping centers, and dining options in Highland. The neighborhood's location provides quick routes to major commercial corridors for everyday needs. Community events and proximity to recreational facilities support an active, engaged lifestyle for families and individuals.
Real Estate Market
The Homestead real estate market is primarily composed of single-family homes, with a homeownership rate of 79%. The median home value is reported at $197,700, indicating an affordable entry point into the Northwest Indiana housing market. The median monthly rent in the area is $1,216.
Schools & Education
Homestead is served by the School Town of Highland, which operates public schools for the community. Families have access to local elementary, middle, and high schools within the district. The area is known for its commitment to community-focused education.
Transportation & Connectivity
The neighborhood benefits from excellent connectivity via major roads like Indianapolis Boulevard and Ridge Road. Its location provides straightforward access to Interstate 80/94, facilitating commutes to Chicago and throughout the Region. Public transportation options are available through the regional bus service.
Why Choose Homestead
Homestead presents an attractive option for homebuyers seeking an affordable, stable community with a median household income of $74,991. Its high homeownership rate fosters a strong sense of neighborhood pride and investment. The combination of suburban tranquility, convenient location, and family-oriented amenities makes it a practical choice in Lake County.
Homestead Market Data
| Metric | Value |
|---|---|
| Median Home Price | $198K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $75K |
| Homeownership Rate | 79.0% |
| Renter-Occupied | 21.1% |
| Rental Vacancy Rate | 8.3% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 46322 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Homestead, Highland
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Homestead, Highland, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14