Data as of September 2026. Source: Realtor.com.
The GARY, IN real estate market (46402) currently shows 19 active listings, with 4 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 72 days on market compared to 52 days last year.
The median listing price has risen 3.9% year-over-year, from $89,363 to $92,825.
Population: 5,873 · Density: 268.8/mi² · Median household income: $26,101
Typical home value: $76,327 · Homeownership: 42.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46402 | Gary, IN 46402 | 0.0 mi | 26 | $3,288,688 | $123,000 | $126,488 |
| 46404 | Gary, IN 46404 | 2.8 mi | 56 | $8,666,616 | $172,975 | $154,761 |
| 46406 | Gary, IN 46406 | 3.9 mi | 26 | $4,028,674 | $169,999 | $154,949 |
| 46405 | Lake Station, IN 46405 | 4.4 mi | 37 | $7,229,319 | $197,450 | $195,387 |
| 46323 | Hammond, IN 46323 | 6.4 mi | 40 | $8,279,000 | $201,150 | $206,975 |
| 46319 | Griffith, IN 46319 | 7.6 mi | 40 | $11,073,520 | $268,650 | $276,838 |
| 46342 | Hobart, IN 46342 | 7.9 mi | 115 | $33,335,395 | $274,900 | $289,873 |
| 46320 | Hammond, IN 46320 | 8.5 mi | 24 | $5,393,232 | $207,500 | $224,718 |
| 46410 | Merrillville, IN 46410 | 8.9 mi | 140 | $42,175,140 | $280,884 | $301,251 |
| 46321 | Munster, IN 46321 | 9.9 mi | 87 | $42,111,393 | $395,974 | $484,039 |
| 46375 | Schererville, IN 46375 | 10.3 mi | 82 | $30,616,176 | $332,500 | $373,368 |
| 60409 | Calumet City, IL 60409 | 11.3 mi | 215 | $35,367,715 | $169,450 | $164,501 |
| 60633 | Chicago, IL 60633 | 12.3 mi | 39 | $9,132,630 | $232,474 | $234,170 |
As of September 2026, there are 19 active listings in GARY, IN (zip code 46402), compared to 27 the prior year.
The median listing price in GARY, IN 46402 is $92,825 as of September 2026, a 3.9% increase from $89,363 the prior year.
Homes in GARY, IN 46402 spend an average of 72 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of September 2026, GARY, IN 46402 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 72 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in GARY, IN 46402 save an estimated $1,857 compared to a typical 5% commission on the median listing price of $92,825. 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.