The Gary housing market is somewhat competitive. The median sale price of a home in Gary was $100K last month, up 3.0% since last year. The median sale price per square foot in Gary is $62, up 11.7% since last year.
In October 2024, Gary home prices were up 3.0% compared to last year, selling for a median price of $100K. On average, homes in Gary sell after 47 days on the market compared to 45 days last year. There were 71 homes sold in October this year, up from 53 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$99,900
+3.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Gary, IN
$99,900
+3.0%
United States
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How hot is the Gary housing market?
Gary is somewhat competitive. Homes sell in 50.5 days.
0
100
45
Somewhat Competitive
Redfin Compete Score™
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 51 days.
Hot homes
can sell for around list price and go pending in around 22 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Gary has a moderate risk of flooding. 7,075 properties in Gary are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in Gary. Flood risk is increasing slower than the national average.
48% of properties are at risk of wildfire over the next 30 years
Fire Factor
Gary has a major risk of wildfire. There are 26,138 properties in Gary that have some risk of being affected by wildfire over the next 30 years. This represents 48% of all properties in Gary.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Gary has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Gary is most at risk from hurricanes. 54,366 properties in Gary have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 44 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.