Gary, IN

Leaning buyer's+30.5% YoY

Housing market overview · Updated weekly

$102,450median sale price

Homes sold

52

Last 12 weeks

Days on market

38

Average pace

Active listings

228

4.4 months supply

Sale-to-list

92.1%

Below asking

The Gary housing market is currently classified as a leaning buyer's with a median sale price of $102,450. Prices have risen 30.5% compared to last year, with homes spending an average of 38 days on market, indicating 4.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Gary

There are currently 228 homes listed for sale in Gary, Indiana. The median listing price is $139K.

Active listings

228

Homes on market

Median list price

$139K

Avg. days on market

38

Days until sale

New this week

88

Newly listed

Price drops:34.6%of listings
Sale-to-list:92.1%

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Frequently asked questions

What is the average home price in Gary?

The median home sale price in Gary is $102,450, up 30.5% from last year.

How long do homes stay on market in Gary?

Homes typically spend 38 days on market before going under contract.

Is Gary a buyer's or seller's market?

With 4.4 months of supply, Gary is currently a leaning buyer's.

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