Population: 5,873 · Density: 268.8/mi² · Median household income: $26,101
Typical home value: $76,327 · Homeownership: 42.1%
Data as of January 2026. Source: Realtor.com.
The GARY, IN real estate market (46402) currently shows 31 active listings, with 5 pending sales. Homes are averaging 89 days on the market before going under contract.
Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 89 days on market compared to 46 days last year.
The median listing price has fallen 13.5% year-over-year, from $146,750 to $127,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46402 | Gary, IN 46402 | 0.0 mi | 31 | $3,810,582 | $127,000 | $122,922 |
| 46404 | Gary, IN 46404 | 2.8 mi | 58 | $9,217,766 | $165,000 | $158,927 |
| 46406 | Gary, IN 46406 | 3.9 mi | 26 | $4,045,730 | $170,000 | $155,605 |
| 46405 | Lake Station, IN 46405 | 4.4 mi | 38 | $6,947,008 | $179,900 | $182,816 |
| 46323 | Hammond, IN 46323 | 6.4 mi | 43 | $9,133,673 | $214,900 | $212,411 |
| 46319 | Griffith, IN 46319 | 7.6 mi | 34 | $9,141,070 | $265,900 | $268,855 |
| 46342 | Hobart, IN 46342 | 7.9 mi | 106 | $30,111,950 | $272,450 | $284,075 |
| 46320 | Hammond, IN 46320 | 8.5 mi | 23 | $5,353,388 | $214,950 | $232,756 |
| 46410 | Merrillville, IN 46410 | 8.9 mi | 129 | $38,486,892 | $272,000 | $298,348 |
| 46321 | Munster, IN 46321 | 9.9 mi | 79 | $36,635,065 | $379,000 | $463,735 |
| 46375 | Schererville, IN 46375 | 10.3 mi | 85 | $32,242,285 | $349,900 | $379,321 |
| 60438 | Lansing, IL 60438 | 11.7 mi | 144 | $30,962,160 | $211,000 | $215,015 |
| 46373 | Saint John, IN 46373 | 13.4 mi | 102 | $69,370,098 | $644,900 | $680,099 |
As of January 2026, there are 31 active listings in GARY, IN (zip code 46402), compared to 15 the prior year.
The median listing price in GARY, IN 46402 is $127,000 as of January 2026, a 13.5% decrease from $146,750 the prior year.
Homes in GARY, IN 46402 spend an average of 89 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of January 2026, GARY, IN 46402 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in GARY, IN 46402 save an estimated $2,540 compared to a typical 5% commission on the median listing price of $127,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.