House Prices

House Prices & Home Values Wheeler, IN 2026


Average Data

average house price$271,099
average size per house2164 ft²
average price per ft²126 $ / ft²

04/15/2026 - The value range (VR) for house prices in Wheeler, IN is $98/ sqft to $98/ sqft. An average home with 2164 sqft costs approximately $212,072 to $212,072. Wheeler, IN includes 1 ZIP codes and it is located in Porter county. The lowest prices are found in ZIP 46393, while the highest are in ZIP 46393. The average price per sqare feet is $126. Our analysis is based on 36 property listings.

Avergage prices by ZIP codes Wheeler

4639398 $ / ft²




Historical development of home values in Wheeler

Year Estimated value (USD) Change vs. 2025
2010 $125,903 -53.6%
2011 $121,035 -55.4%
2012 $120,709 -55.5%
2013 $125,220 -53.8%
2014 $131,447 -51.5%
2015 $138,193 -49.0%
2016 $145,405 -46.4%
2017 $153,253 -43.5%
2018 $161,726 -40.3%
2019 $169,225 -37.6%
2020 $177,973 -34.4%
2021 $202,425 -25.3%
2022 $235,982 -13.0%
2023 $248,854 -8.2%
2024 $263,251 -2.9%
2025 $271,099 0.0%

Graph: estimated home values in Wheeler over time (USD)



Example: 100% financing house in Wheeler

Loan amount: $271,099

Interest rate: 6.00%

Fixed monthly payment: $1,625.38

Breakdown in the 1st month:
Interest portion: $1,355.50  –  Principal portion: $269.88

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,175.38 $3,329.13 $267,769.87
2 $15,970.04 $3,534.46 $264,235.41
3 $15,752.05 $3,752.46 $260,482.95
4 $15,520.60 $3,983.90 $256,499.05
5 $15,274.89 $4,229.62 $252,269.43
6 $15,014.01 $4,490.49 $247,778.94
7 $14,737.05 $4,767.46 $243,011.48
8 $14,443.00 $5,061.50 $237,949.97
9 $14,130.82 $5,373.69 $232,576.29
10 $13,799.38 $5,705.12 $226,871.16
11 $13,447.50 $6,057.00 $220,814.16
12 $13,073.92 $6,430.59 $214,383.57
13 $12,677.29 $6,827.21 $207,556.36
14 $12,256.21 $7,248.30 $200,308.06
15 $11,809.15 $7,695.36 $192,612.71
16 $11,334.52 $8,169.99 $184,442.72
17 $10,830.61 $8,673.90 $175,768.82
18 $10,295.62 $9,208.88 $166,559.93
19 $9,727.64 $9,776.87 $156,783.07
20 $9,124.62 $10,379.88 $146,403.18
21 $8,484.41 $11,020.09 $135,383.09
22 $7,804.72 $11,699.79 $123,683.30
23 $7,083.10 $12,421.41 $111,261.90
24 $6,316.98 $13,187.53 $98,074.37
25 $5,503.60 $14,000.91 $84,073.46
26 $4,640.05 $14,864.45 $69,209.00
27 $3,723.25 $15,781.26 $53,427.74
28 $2,749.89 $16,754.61 $36,673.13
29 $1,716.50 $17,788.00 $18,885.13
30 $619.38 $18,885.13 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Wheeler, IN


1500 sqft3900 sqft
Ø selling price$228,691$486,487
Ø fast selling$207,901$437,838
Ø high price sale$249,481$535,135

In 2026, houses in Wheeler, IN will be offered at an average price of $126 per square foot. A 1,500 sqft home priced at $228,691 is 22.86% more expensive per square foot than a 3,900 sqft home priced at $486,487. Home prices in Wheeler, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $336,798. Sellers who can wait longer may achieve a higher price of up to $411,643.


Wheeler, IN Overview

Discover the small-town charm of Wheeler, IN, a quiet unincorporated community in Porter County known for friendly neighborhoods and easy commuting.
This Northwest Indiana destination offers a balanced blend of rural atmosphere and suburban convenience near larger hubs.

Location and Access

Located just east of Hobart and west of Valparaiso, Wheeler sits minutes from major corridors like State Road 130 and US 30 for regional access.
Commuters appreciate proximity to I-65, I-80/94, and South Shore Line stations that connect to the Chicago metro area.

Community and Schools

Families are served by the Union Township School Corporation, including Wheeler High School known for close-knit programs and local pride.
Community events, youth sports, and volunteer groups foster strong connections throughout the year.

Things to Do and Nature

Outdoor lovers enjoy nearby trails, golf, and parks, plus quick trips to Indiana Dunes National Park and the Lake Michigan shoreline.
Dining, shopping, and entertainment options expand in adjacent cities, giving residents plenty to do without losing Wheeler?s peaceful vibe.

Living in Wheeler

Real estate in Wheeler, Indiana ranges from classic farmhouses to newer subdivisions, appealing to first-time buyers and downsizers alike.
With affordable living, local schools, and a strategic location, Wheeler stands out as a convenient, welcoming place to call home.



FAQ – Home Values in Wheeler

What is the median home value in Wheeler in 2026?

In 2026, the typical home value in Wheeler is about $271,099 for an average home size of 2164 square feet. This corresponds to an average price of roughly $126 per square foot.

What is the average cost per square foot in Wheeler?

In 2026, homes in Wheeler sell for an average of around $126 per square foot, with a typical range between $98 and $98 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Wheeler is about 2164 square feet, with an estimated 2026 value around $271,099.



Locations close to Wheeler, IN

Whiting, IN83 $ / ft²
Gary, IN19 $ / ft²
Lake Station, IN87 $ / ft²
Wheatfield, IN142 $ / ft²
Westville, IN189 $ / ft²
Wanatah, IN95 $ / ft²
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