Data as of June 2026. Source: Realtor.com.
The GARY, IN real estate market (46407) currently shows 83 active listings, with 17 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 77 days on market compared to 43 days last year.
The median listing price has fallen 55% year-over-year, from $127,475 to $57,400.
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: 9,125 · Density: 843.8/mi² · Median household income: $26,502
Typical home value: $51,243 · Homeownership: 45.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46407 | Gary, IN 46407 | 0.0 mi | 71 | $6,051,188 | $60,000 | $85,228 |
| 46402 | Gary, IN 46402 | 2.2 mi | 26 | $3,288,688 | $123,000 | $126,488 |
| 46408 | Gary, IN 46408 | 3.1 mi | 53 | $7,323,540 | $157,700 | $138,180 |
| 46403 | Gary, IN 46403 | 4.2 mi | 51 | $13,064,007 | $240,200 | $256,157 |
| 46319 | Griffith, IN 46319 | 6.1 mi | 40 | $11,073,520 | $268,650 | $276,838 |
| 46323 | Hammond, IN 46323 | 6.4 mi | 40 | $8,279,000 | $201,150 | $206,975 |
| 46322 | Highland, IN 46322 | 7.0 mi | 57 | $15,328,896 | $252,400 | $268,928 |
| 46312 | East Chicago, IN 46312 | 8.0 mi | 27 | $4,693,734 | $172,500 | $173,842 |
| 46324 | Hammond, IN 46324 | 8.8 mi | 43 | $8,808,249 | $199,450 | $204,843 |
| 46321 | Munster, IN 46321 | 9.2 mi | 87 | $42,111,393 | $395,974 | $484,039 |
| 46327 | Hammond, IN 46327 | 10.1 mi | 17 | $3,321,239 | $186,200 | $195,367 |
| 60438 | Lansing, IL 60438 | 11.4 mi | 138 | $28,524,600 | $206,875 | $206,700 |
| 60409 | Calumet City, IL 60409 | 11.7 mi | 215 | $35,367,715 | $169,450 | $164,501 |
As of June 2026, there are 83 active listings in GARY, IN (zip code 46407), compared to 48 the prior year.
The median listing price in GARY, IN 46407 is $57,400 as of June 2026, a 55% decrease from $127,475 the prior year.
Homes in GARY, IN 46407 spend an average of 77 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of June 2026, GARY, IN 46407 is currently a Buyer's Market. Inventory has increased compared to last year, with 35 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in GARY, IN 46407 save an estimated $1,148 compared to a typical 5% commission on the median listing price of $57,400. 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.