Indiana Harbor
Data as of July 2026. Source: Realtor.com.
The GARY, IN real estate market (46406) currently shows 32 active listings, with 15 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 52 days on market compared to 53 days last year.
The median listing price has fallen 11.6% year-over-year, from $139,950 to $123,675.
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.
Population: 8,730 · Density: 250.1/mi² · Median household income: $34,550
Typical home value: $73,562 · Homeownership: 49.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46406 | Gary, IN 46406 | 0.0 mi | 26 | $4,028,674 | $169,999 | $154,949 |
| 46323 | Hammond, IN 46323 | 2.5 mi | 40 | $8,279,000 | $201,150 | $206,975 |
| 46402 | Gary, IN 46402 | 3.9 mi | 26 | $3,288,688 | $123,000 | $126,488 |
| 46408 | Gary, IN 46408 | 4.4 mi | 53 | $7,323,540 | $157,700 | $138,180 |
| 46320 | Hammond, IN 46320 | 4.6 mi | 24 | $5,393,232 | $207,500 | $224,718 |
| 46319 | Griffith, IN 46319 | 5.6 mi | 40 | $11,073,520 | $268,650 | $276,838 |
| 46327 | Hammond, IN 46327 | 5.7 mi | 17 | $3,321,239 | $186,200 | $195,367 |
| 46394 | Whiting, IN 46394 | 7.1 mi | 26 | $7,000,942 | $242,250 | $269,267 |
| 46405 | Lake Station, IN 46405 | 7.8 mi | 37 | $7,229,319 | $197,450 | $195,387 |
| 60438 | Lansing, IL 60438 | 7.8 mi | 138 | $28,524,600 | $206,875 | $206,700 |
| 60633 | Chicago, IL 60633 | 8.9 mi | 39 | $9,132,630 | $232,474 | $234,170 |
| 60473 | South Holland, IL 60473 | 10.0 mi | 139 | $33,387,244 | $231,000 | $240,196 |
| 46342 | Hobart, IN 46342 | 10.3 mi | 115 | $33,335,395 | $274,900 | $289,873 |
As of July 2026, there are 32 active listings in GARY, IN (zip code 46406), compared to 34 the prior year.
The median listing price in GARY, IN 46406 is $123,675 as of July 2026, a 11.6% decrease from $139,950 the prior year.
Homes in GARY, IN 46406 spend an average of 52 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of July 2026, GARY, IN 46406 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 52 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in GARY, IN 46406 save an estimated $2,474 compared to a typical 5% commission on the median listing price of $123,675. 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.