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City / Town Overview

Gary, IN

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

Market Analysis

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

The Gary, IN real estate market currently shows 324 active listings, with 81 pending sales. Homes are averaging 74.1 days on the market before going under contract.

Inventory has tightened compared to last year, with 49 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 74.1 days on market compared to 50.9 days last year.

The median listing price has fallen 12.9% year-over-year, from $139,441 to $121,506.

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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
324
⇩ 13.1% vs 373 last year
Pending
81
25% pending ratio
Median Price
$121,506
⇩ 12.9% vs $139,441 last year
Average Price
$139,016
⇩ 7.9% vs $150,933 last year
Days on Market
74.1
⇧ 45.6% vs 51 days last year

Price Per Square Foot

Median $/sqft
$95
⇧ 2.1% vs $93/sqft last year
Median Home Size
1,289 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 %