46407 Home Values & Market Trends
There are 207 homes currently listed for 46407. 46407 real estate market trends show that home prices range from $27,000 to $199,000, and the median sales price in the 46407 zip code is $58,810. The total number of properties sold within the past twelve months is 286. In 46407, 22 properties are in foreclosure, 4 are bank owned properties,and 4 are headed for auction.
46407 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Gary | $ 103,396 $ 93/sqft |
Housing Market Summary for 46407
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $49,900 | $42,750 | -14.33% |
| Median Sold Price | $65,967 | $59,400 | -9.95% |
| Homes For Sale | 136 | 202 | 48.53% |
| Homes Sold | 195 | 125 | -35.90% |
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 46407
Browse Homes in 46407
The median list price of a home in Gary, is $58,810. A total of 207 properties are for sale, and the percentage of properties for sale in the zip code is 207.00%. The total count of 46407 properties is 370.
- Pre-ForeclosurePre-foreclosure homes account for 3.78% of all residential properties in 46407 with gary containing 105 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 46407; 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 46407 ranges from the highest value of $219,921 in gary to the lowest value of $18,812 in gary. Bank owned homes and properties account for 1.08% of properties in 46407. There is 1 cities within 46407; gary containing 13 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 46407. Auction homes and other auction properties account for 1.08% of all properties in 46407. There is 1 cities within 46407; 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.
Compare Nearby Zip Codes
More Real Estate Resources for 46407
Guide for 46407
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.
