Population: 15,368 · Density: 609.2/mi² · Median household income: $46,690
Typical home value: $89,850 · Homeownership: 61.3%
Data as of January 2026. Source: Realtor.com.
The GARY, IN real estate market (46408) currently shows 52 active listings, with 11 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are selling faster, averaging 57 days on market compared to 71 days last year.
The median listing price has fallen 5.7% year-over-year, from $174,925 to $165,000.
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 $ |
|---|---|---|---|---|---|---|
| 46408 | Gary, IN 46408 | 0.0 mi | 52 | $8,174,556 | $165,000 | $157,203 |
| 46404 | Gary, IN 46404 | 2.8 mi | 58 | $9,217,766 | $165,000 | $158,927 |
| 46319 | Griffith, IN 46319 | 3.1 mi | 34 | $9,141,070 | $265,900 | $268,855 |
| 46322 | Highland, IN 46322 | 4.6 mi | 50 | $13,365,950 | $249,900 | $267,319 |
| 46402 | Gary, IN 46402 | 4.9 mi | 31 | $3,810,582 | $127,000 | $122,922 |
| 46375 | Schererville, IN 46375 | 5.6 mi | 85 | $32,242,285 | $349,900 | $379,321 |
| 46342 | Hobart, IN 46342 | 6.7 mi | 106 | $30,111,950 | $272,450 | $284,075 |
| 46403 | Gary, IN 46403 | 7.2 mi | 54 | $13,402,800 | $221,000 | $248,200 |
| 46320 | Hammond, IN 46320 | 8.0 mi | 23 | $5,353,388 | $214,950 | $232,756 |
| 46373 | Saint John, IN 46373 | 8.6 mi | 102 | $69,370,098 | $644,900 | $680,099 |
| 60438 | Lansing, IL 60438 | 9.5 mi | 144 | $30,962,160 | $211,000 | $215,015 |
| 46307 | Crown Point, IN 46307 | 10.1 mi | 302 | $131,119,340 | $384,995 | $434,170 |
| 60409 | Calumet City, IL 60409 | 10.5 mi | 199 | $33,128,923 | $170,000 | $166,477 |
As of January 2026, there are 52 active listings in GARY, IN (zip code 46408), compared to 45 the prior year.
The median listing price in GARY, IN 46408 is $165,000 as of January 2026, a 5.7% decrease from $174,925 the prior year.
Homes in GARY, IN 46408 spend an average of 57 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of January 2026, GARY, IN 46408 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in GARY, IN 46408 save an estimated $3,300 compared to a typical 5% commission on the median listing price of $165,000. 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.