46402 Home Values & Market Trends

There are 119 homes currently listed for 46402. 46402 real estate market trends show that home prices range from $18,900 to $210,000, and the median sales price in the 46402 zip code is $75,492. The total number of properties sold within the past twelve months is 135. In 46402, 10 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.

46402 Real Estate Market Overview

CityMedian Est. Value
Gary

$ 103,396

$ 93/sqft

Housing Market Summary for 46402

Sep 2025September 2026Change
Median Listing Price$88,450$65,000-26.51%
Median Sold Price$83,577$60,494.5-27.62%
Homes For Sale7311760.27%
Homes Sold7436-51.35%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 46402

The median list price of a home in Gary, is $75,492. A total of 119 properties are for sale, and the percentage of properties for sale in the zip code is 119.00%. The total count of 46402 properties is 177.

Foreclosure
There is 1 cities within 46402; within this cities, the median estimated home value for homes in foreclosure ranges from $305,678 in gary to the lowest value of $14,802 in gary. Foreclosure homes account for 5.00% of properties in 46402 with gary containing 141 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 3.95% of all residential properties in 46402 with gary containing 105 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 46402; of that cities, the estimated home value for pre-foreclosure homes ranges from $305,678 in gary to the lowest home value of $14,802 in gary.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 46402 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 46402. There is 1 cities within 46402; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    gary has 23 auction properties, the highest number of properties going to auction in a single city in the state of 46402. Auction homes and other auction properties account for 1.69% of all properties in 46402. There is 1 cities within 46402; of that cities, the median estimated home value for homes going to auction ranges from $184,010 in gary to the lowest value of $21,738 in gary.
Homes for Sale
Homes and properties that are actively listed for sale account for 67.23% of residential properties in 46402 with gary containing 1447 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 46402; homes for sale in that cities, have a range of median values from $932,842 in gary to the lowest value of $10,500 in gary.
    Sold Homes
    The median value for recently sold homes ranges from $1,184,654 in gary to the lowest price of $12,000 in gary. There is 1 cities within 46402. gary has 639 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 21.47% of properties in 46402.

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      Guide for 46402

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.