Gary, IN Housing Market
The Gary housing market is somewhat competitive. The median sale price of a home in Gary was $71K last month, up 14.7% since last year. The median sale price per square foot in Gary is $57, up 10.7% since last year.
Gary Housing Market Trends
In March 2024, Gary home prices were up 14.7% compared to last year, selling for a median price of $71K. On average, homes in Gary sell after 38 days on the market compared to 81 days last year. There were 60 homes sold in March this year, down from 88 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 16 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 33 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 42 days.
- Hot homescan sell for around list price and go pending in around 20 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 Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 1,636 | ||
2 | 658 | ||
3 | 587 | ||
4 | 406 | ||
5 | 355 | ||
6 | 290 | ||
7 | 132 | ||
8 | 128 | ||
9 | 38 | ||
10 | 32 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,272 | ||
2 | 1,425 | ||
3 | 1,310 | ||
4 | 1,309 | ||
5 | 1,270 | ||
6 | 1,127 | ||
7 | 901 | ||
8 | 786 | ||
9 | 743 | ||
10 | 734 |
Home offer insights for Gary
Recent offers
- Offer Not Accepted|4 Weeks Ago~$50K OfferSold for $50K2 bd | 1 ba | ~750 sqftOver List Price0%Days on Market2Competing Offers0Down Payment—
- Offer Not Accepted|4 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
- $255,000 Last Sold Price3 beds1.5 baths2,050 sq ft6420 Ash Ave, Gary, IN 46403(219) 661-7528List Price$239,900Sale to List6% over listDays on Market35 days6420 Ash Ave, Gary, IN 46403
- $98,500 Last Sold Price2 beds1 bath720 sq ft4434 Buchanan St, Gary, IN 46408(219) 864-8440List Price$94,900Sale to List4% over listDays on Market59 days4434 Buchanan St, Gary, IN 46408
- $100,000 Last Sold Price3 beds1.5 baths1,617 sq ft1590 Porter St, Gary, IN 46406(219) 864-8440List Price$109,500Sale to List9% under listDays on Market20 days1590 Porter St, Gary, IN 46406
- $115,000 Last Sold Price3 beds1 bath960 sq ft737 E 47th Ave, Gary, IN 46409(219) 200-2239List Price$124,000Sale to List7% under listDays on Market42 days737 E 47th Ave, Gary, IN 46409
- $350,000 Last Sold Price2 beds1 bath923 sq ft1711 Hayes St, Gary, IN 46404(219) 462-2224List Price$41,500Sale to List743% over listDays on Market275 days1711 Hayes St, Gary, IN 46404
- $15,500 Last Sold Price4 beds—baths1,240 sq ft1613 Virginia St, Gary, IN 46407(219) 244-6435List Price$21,900Sale to List29% under listDays on Market86 days1613 Virginia St, Gary, IN 46407
- $69,000 Last Sold Price3 beds1 bath1,105 sq ft544 Mount St, Gary, IN 46406(219) 796-0449List Price$79,900Sale to List14% under listDays on Market83 days544 Mount St, Gary, IN 46406
- $125,000 Last Sold Price5 beds2.5 baths5,040 sq ft3028 W 15th Ave, Gary, IN 46404(219) 865-9911List Price$105,000Sale to List19% over listDays on Market30 days3028 W 15th Ave, Gary, IN 46404
See all recently sold homes in Gary.
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Schools in Gary
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Alexander Hamilton Elementary School Public • K-5 | 256 Students | 4 reviews |
7/10 John I Meister Elementary School Public • K-5 | 347 Students | 3 reviews |
5/10 Ridge View Elementary School Public • 1-5 | 298 Students | 4 reviews |
5/10 Elsie Wadsworth Elementary School Public • PreK-2 | 346 Students | 7 reviews |
5/10 Henry S Evans Elementary School Public • K-5 | 384 Students | 2 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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