46406 Home Values & Market Trends
There are 135 homes currently listed for 46406. 46406 real estate market trends show that home prices range from $17,000 to $125,900, and the median sales price in the 46406 zip code is $87,366. The total number of properties sold within the past twelve months is 182. In 46406, 15 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
46406 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Gary | $ 103,396 $ 93/sqft |
Housing Market Summary for 46406
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $103.5K | $71,450 | -30.93% |
| Median Sold Price | $82,753.5 | $74,841 | -9.56% |
| Homes For Sale | 80 | 130 | 62.50% |
| Homes Sold | 95 | 53 | -44.21% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 46406
Browse Homes in 46406
The median list price of a home in Gary, is $87,366. A total of 135 properties are for sale, and the percentage of properties for sale in the zip code is 135.00%. The total count of 46406 properties is 218.
- Pre-ForeclosurePre-foreclosure homes account for 5.96% of all residential properties in 46406 with gary containing 105 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 46406; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 46406 ranges from the highest value of $181,487 in gary to the lowest value of $18,812 in gary. Bank owned homes and properties account for 0.46% of properties in 46406. There is 1 cities within 46406; gary containing 12 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsgary has 23 auction properties, the highest number of properties going to auction in a single city in the state of 46406. Auction homes and other auction properties account for 0.46% of all properties in 46406. There is 1 cities within 46406; 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.
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More Real Estate Resources for 46406
Guide for 46406
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
