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City / Town Overview

Gary, IN

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

Market Analysis

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

The Gary, IN real estate market currently shows 337 active listings, with 101 pending sales. Homes are averaging 48.9 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 48.9 days on market compared to 53.4 days last year.

The median listing price has fallen 2.9% year-over-year, from $137,231 to $133,266.

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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

Tarrytown: 46404

University Park: 46409

Area Map

Market Overview

Active Listings
337
⇩ 1.2% vs 341 last year
Pending
101
30% pending ratio
Median Price
$133,266
⇩ 2.9% vs $137,231 last year
Average Price
$138,970
⇩ 1.2% vs $140,640 last year
Days on Market
48.9
⇩ 8.4% vs 53 days last year

Price Per Square Foot

Median $/sqft
$92
⇩ 1.8% vs $94/sqft last year
Median Home Size
1,446 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 %