Gary, IN Housing Market
The Gary housing market is somewhat competitive. The median sale price of a home in Gary was $80K last month, up .0% since last year. The median sale price per square foot in Gary is $60, up 0.0% since last year.
Gary Housing Market Trends
In April 2024, Gary home prices were up .0% compared to last year, selling for a median price of $80K. On average, homes in Gary sell after 51 days on the market compared to 34 days last year. There were 110 homes sold in April this year, up from 61 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Gary housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 7% below list price and go pending in around 48 days.
- Hot homescan sell for around list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 27 days.
- Hot homescan sell for around list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 40 days.
- Hot homescan sell for about 2% above list price and go pending in around 17 days.
Gary Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Gary from outside metros.
- New York homebuyers searched to move into Gary more than any other metro followed by St. Louis and San Francisco.
- 86% of Gary homebuyers searched to stay within the Gary metropolitan area.
- Cape Coral was the most popular destination among Gary homebuyers followed by Sarasota and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,615 | ||
2 | 679 | ||
3 | 530 | ||
4 | 508 | ||
5 | 358 | ||
6 | 341 | ||
7 | 193 | ||
8 | 169 | ||
9 | 47 | ||
10 | 44 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 2,144 | ||
2 | 1,398 | ||
3 | 1,220 | ||
4 | 1,203 | ||
5 | 1,200 | ||
6 | 1,122 | ||
7 | 859 | ||
8 | 781 | ||
9 | 774 | ||
10 | 685 |
Home offer insights for Gary
Recent offers
- Offer Not Accepted|8 Weeks Ago~$50K OfferSold for $50K2 bd | 1 ba | ~750 sqftOver List Price0%Days on Market2Competing Offers0Down Payment—
- Offer Not Accepted|9 Weeks Ago~$75K OfferSold for $75K3 bd | 2 ba | ~2,750 sqftUnder List Price18%Days on Market45Competing Offers4Down Payment—
View houses in Gary that sold recently
Recently sold homes
- $37,500 Last Sold Price6 beds2 baths—sq ft1048 Tyler St, Gary, IN 46402(219) 864-8440List Price$41,500Sale to List10% under listDays on Market42 days1048 Tyler St, Gary, IN 46402
- $329,900 Last Sold Price5 beds3 baths3,856 sq ft252 Morningside Ave, Gary, IN 46408(219) 462-2224List Price$329,900Sale to List0% over listDays on Market174 days252 Morningside Ave, Gary, IN 46408
- $240,000 Last Sold Price4 beds2 baths2,128 sq ft3455 W 45th Ave, Gary, IN 46408(219) 942-1141List Price$235,000Sale to List2% over listDays on Market38 days3455 W 45th Ave, Gary, IN 46408
- $250,000 Last Sold Price2 beds1 bath900 sq ft8001 Maple Ave, Gary, IN 46403(219) 926-1616List Price$259,000Sale to List3% under listDays on Market21 days8001 Maple Ave, Gary, IN 46403
- $77,000 Last Sold Price4 beds1 bath1,826 sq ft824 Tyler St, Gary, IN 46402(219) 200-2239List Price$84,500Sale to List9% under listDays on Market60 days824 Tyler St, Gary, IN 46402
- $107,500 Last Sold Price3 beds2 baths2,880 sq ft1209 Roosevelt Pl, Gary, IN 46404(219) 200-2239List Price$115,000Sale to List7% under listDays on Market81 days1209 Roosevelt Pl, Gary, IN 46404
- $204,455 Last Sold Price3 beds1.5 baths1,734 sq ft421 W 52nd Pl, Gary, IN 46409(219) 663-9922List Price$196,500Sale to List4% over listDays on Market29 days421 W 52nd Pl, Gary, IN 46409
- $117,000 Last Sold Price3 beds1 bath1,904 sq ft4734 Massachusetts St, Gary, IN 46409(219) 310-1243List Price$117,000Sale to List0% over listDays on Market152 days4734 Massachusetts St, Gary, IN 46409
See all recently sold homes in Gary.
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Schools in Gary
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Liberty Elementary School Public • 1-5 | 446 Students | 2 reviews |
6/10 Alexander Hamilton Elementary School Public • K-5 | 236 Students | 4 reviews |
6/10 Ridge View Elementary School Public • 1-5 | 518 Students | 4 reviews |
5/10 John I Meister Elementary School Public • K-5 | 333 Students | 3 reviews |
4/10 Banneker Elementary At Marquette Public • K-5 | 396 Students | 17 reviews |
Climate's impact on Gary housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Gary.
Flood Factor - Moderate
Flood Factor
Fire Factor - Major
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Minor
Heat Factor
Transportation in Gary
Walk Score®
Bike Score®
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