Data as of April 2026. Source: Realtor.com.
The GARY, IN real estate market (46407) currently shows 80 active listings, with 23 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 58 days on market compared to 39 days last year.
The median listing price has fallen 47.4% year-over-year, from $106,200 to $55,875.
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 April 2026, there are 80 active listings in GARY, IN (zip code 46407), compared to 49 the prior year.
The median listing price in GARY, IN 46407 is $55,875 as of April 2026, a 47.4% decrease from $106,200 the prior year.
Homes in GARY, IN 46407 spend an average of 58 days on the market before going under contract, compared to 39 days the prior year.
Based on current inventory and days-on-market data as of April 2026, GARY, IN 46407 is currently a Buyer's Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 39 days last year.
With SELL123.com's maximum 3% commission, sellers in GARY, IN 46407 save an estimated $1,118 compared to a typical 5% commission on the median listing price of $55,875. 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.