46409 Home Values & Market Trends
There are 15 homes currently listed for 46409. 46409 real estate market trends show that home prices range from $15,000 to $214,000, and the median sales price in the 46409 zip code is $59,019.24. The total number of properties sold within the past twelve months is 252. In 46409, 9 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.
46409 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Gary | $ 102,394 $ 65/sqft |
Housing Market Summary for 46409
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $48,700 | $55,000 | 12.94% |
| Median Sold Price | $57,564 | $55,000 | -4.45% |
| Homes For Sale | 26 | 21 | -19.23% |
| Homes Sold | 58 | 140 | 141.38% |
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 46409
Browse Homes in 46409
The median list price of a home in Gary, is $59,019.24. A total of 15 properties are for sale, and the percentage of properties for sale in the zip code is 15.00%. The total count of 46409 properties is 3,880.
- Pre-ForeclosurePre-foreclosure homes account for 0.13% of all residential properties in 46409 with gary containing 57 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 46409; of that cities, the estimated home value for pre-foreclosure homes ranges from $388,452 in gary to the lowest home value of $28,912 in gary.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 46409 ranges from the highest value of $180,397 in gary to the lowest value of $21,900 in gary. Bank owned homes and properties account for 0.03% of properties in 46409. There is 1 cities within 46409; gary containing 21 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsgary has 39 auction properties, the highest number of properties going to auction in a single city in the state of 46409. Auction homes and other auction properties account for 0.08% of all properties in 46409. There is 1 cities within 46409; of that cities, the median estimated home value for homes going to auction ranges from $263,129 in gary to the lowest value of $30,983 in gary.
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Guide for 46409
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
Learn how a short sale can stop the foreclosure process.
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