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City / Town Overview

Gary, IN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Gary, IN real estate market currently shows 359 active listings, with 115 pending sales. Homes are averaging 59.6 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59.6 days on market compared to 51 days last year.

The median listing price has fallen 22.1% year-over-year, from $152,957 to $119,142.

Whether you are buying or selling in Gary, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 73,872  ·  Density: 669.1/mi²  ·  Median household income: $38,404

Typical home value: $88,087  ·  Homeownership: 50.3%

Included Areas

Gary: 46401, 46402, 46403, 46406, 46407, 46408, 46409

Tarrytown: 46404

Area Map

Market Overview

Active Listings
359
⇧ 5.9% vs 339 last year
Pending
115
32% pending ratio
Median Price
$119,142
⇩ 22.1% vs $152,957 last year
Average Price
$133,080
⇩ 14.6% vs $155,756 last year
Days on Market
59.6
⇧ 16.9% vs 51 days last year

Price Per Square Foot

Median $/sqft
$90
⇩ 11.7% vs $102/sqft last year
Median Home Size
1,338 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %