Gary, IN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Gary, IN is $102,450, up 30.5% year-over-year. Homes sell in an average of 38 days with 228 active listings. The market is currently a leaning buyer's.
$102,450median sale price
Is Gary a buyer's or seller's market?
Gary, IN is currently a leaning buyer's, based on 4.4 months of supply and homes selling in about 38 days. How we determine this →
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
Gary, IN market data
| Metric | Value |
|---|---|
| Median sale price | $102,450 |
| Median list price | $139,000 |
| Year-over-year price change | +30.5% |
| Average days on market | 38 days |
| Active inventory | 228 listings |
| Months of supply | 4.4 months |
| Sale-to-list price ratio | 92.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
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
Top public schools in Gary
22 schools tracked · 10,527 students
The largest public schools serving Gary, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
21st Century Charter Sch of Gary
Grades K-12 · 1,213 students
Gary Lighthouse Charter School
Grades K-12 · 1,066 students
West Side Leadership Academy
Grades 9-12 · 998 students
Thea Bowman Leadership Academy
Grades K-12 · 849 students
Charter School of the Dunes
Grades K-8 · 674 students
Calumet New Tech High School
Grades 9-12 · 612 students
Aspire Charter Academy
Grades K-8 · 576 students
Glen Park Acad for Excel in Lrn
Grades K-5 · 533 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in IN
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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