Gary, IN Housing Market & Real Estate

Leaning buyer's+30.5% YoY

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?

Leaning buyer's4.4 months of supply38 avg. days on 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

Current housing market statistics for Gary, IN
MetricValue
Median sale price$102,450
Median list price$139,000
Year-over-year price change+30.5%
Average days on market38 days
Active inventory228 listings
Months of supply4.4 months
Sale-to-list price ratio92.1%
Market conditionLeaning 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

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

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

Charter

Gary Lighthouse Charter School

Grades K-12 · 1,066 students

Charter

West Side Leadership Academy

Grades 9-12 · 998 students

Public

Thea Bowman Leadership Academy

Grades K-12 · 849 students

Charter

Charter School of the Dunes

Grades K-8 · 674 students

Charter

Calumet New Tech High School

Grades 9-12 · 612 students

Public

Aspire Charter Academy

Grades K-8 · 576 students

Charter

Glen Park Acad for Excel in Lrn

Grades K-5 · 533 students

Public

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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