Population: 7,050 · Density: 760.4/mi² · Median household income: $39,554
Typical home value: $66,547 · Homeownership: 45.0%
Data as of January 2026. Source: Realtor.com.
The GARY, IN real estate market (46409) currently shows 42 active listings, with 8 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 58 days on market compared to 67 days last year.
The median listing price has risen 15% year-over-year, from $108,725 to $125,000.
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 $ |
|---|---|---|---|---|---|---|
| 46409 | Gary, IN 46409 | 0.0 mi | 42 | $4,841,718 | $125,000 | $115,279 |
| 46408 | Gary, IN 46408 | 2.4 mi | 52 | $8,174,556 | $165,000 | $157,203 |
| 46405 | Lake Station, IN 46405 | 3.6 mi | 38 | $6,947,008 | $179,900 | $182,816 |
| 46342 | Hobart, IN 46342 | 4.6 mi | 106 | $30,111,950 | $272,450 | $284,075 |
| 46403 | Gary, IN 46403 | 5.3 mi | 54 | $13,402,800 | $221,000 | $248,200 |
| 46406 | Gary, IN 46406 | 5.7 mi | 26 | $4,045,730 | $170,000 | $155,605 |
| 46323 | Hammond, IN 46323 | 7.3 mi | 43 | $9,133,673 | $214,900 | $212,411 |
| 46368 | Portage, IN 46368 | 7.9 mi | 130 | $46,048,600 | $329,000 | $354,220 |
| 46324 | Hammond, IN 46324 | 9.5 mi | 39 | $7,980,414 | $197,450 | $204,626 |
| 46320 | Hammond, IN 46320 | 9.9 mi | 23 | $5,353,388 | $214,950 | $232,756 |
| 46373 | Saint John, IN 46373 | 10.3 mi | 102 | $69,370,098 | $644,900 | $680,099 |
| 46327 | Hammond, IN 46327 | 11.4 mi | 18 | $3,605,400 | $185,000 | $200,300 |
| 46385 | Valparaiso, IN 46385 | 11.9 mi | 190 | $104,446,610 | $448,500 | $549,719 |
As of January 2026, there are 42 active listings in GARY, IN (zip code 46409), compared to 39 the prior year.
The median listing price in GARY, IN 46409 is $125,000 as of January 2026, a 15% increase from $108,725 the prior year.
Homes in GARY, IN 46409 spend an average of 58 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of January 2026, GARY, IN 46409 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in GARY, IN 46409 save an estimated $2,500 compared to a typical 5% commission on the median listing price of $125,000. 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.