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City / Town Overview

Gary, IN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The Gary, IN real estate market currently shows 365 active listings, with 118 pending sales. Homes are averaging 48.1 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48.1 days on market compared to 57.4 days last year.

The median listing price has fallen 8.9% year-over-year, from $142,117 to $129,453.

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, 46407, 46408

Miller: 46403

Tarrytown: 46404

Leshwood: 46406

University Park: 46409

Area Map

Market Overview

Active Listings
365
⇧ 7.4% vs 340 last year
Pending
118
32% pending ratio
Median Price
$129,453
⇩ 8.9% vs $142,117 last year
Average Price
$140,522
⇩ 1.1% vs $142,109 last year
Days on Market
48.1
⇩ 16.2% vs 57 days last year

Price Per Square Foot

Median $/sqft
$92
⇩ 2% vs $94/sqft last year
Median Home Size
1,387 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 %