Gary, IN Real Estate Market Trends & Home Values

Gary, IN Market Overview

Real estate market trends reflect that there have been 776 transactions over the past year in Gary. The median value for residential home transactions that occurred over the previous year is $39,126. The number of current listings in Gary is 94, and the percentage of properties for sale in the city is 46.1%. Gary, IN currently has 110 properties in foreclosure, 3 bank owned properties, 19 properties headed for auction, and 94 properties for sale.

Active Residential Inventory

204

Total Inventory

Recently Sold Properties

1,021

Total Sales (Last 6 Months)

Foreclosures ( 110 )

53.9%

Pre-foreclosures ( 88 )

43.1%

Bank Owned ( 3 )

1.5%

Auctions ( 19 )

9.3%

For Sale ( 94 )

46.1%

Gary, IN Home Values

$39,126

Gary home values range from $10,003 to $2,088,648. The median estimated value of a home in Gary is $39,126. The median list price of a home is $76,700, and the total count of properties in the city is 31,482.

Gary, IN Real Estate Market Overview

Gary, IN Foreclosures Market Overview

Last 24 Hours

Zip Code	Median Est. Value
46410	$179,250 $103.00/sqft
46403	$94,545 $59.00/sqft
46408	$61,418 $37.50/sqft
46409	$49,315 $33.50/sqft
46404	$38,400 $36.50/sqft
46406	$37,125 $38.00/sqft
46402	$27,263 $19.00/sqft
46407	$26,609 $25.00/sqft

There are 8 zip codes within Gary, IN; within these zip codes, the median estimated home value for homes in foreclosure ranges from $274,824 in 46403 to the lowest value of $15,312 in 46407. Foreclosure homes account for 0.35% of properties in Gary, IN with 46410 containing 75 foreclosures, the highest number of foreclosure properties in a single zip code.