The Downtown Gary housing market is somewhat competitive. The median sale price of a home in Downtown Gary was $62K last month, up 116.2% since last year. The median sale price per square foot in Downtown Gary is $50, up 400.0% since last year.
What is the housing market like in Downtown Gary today?
In October 2024, Downtown Gary home prices were up 116.2% compared to last year, selling for a median price of $62K. On average, homes in Downtown Gary sell after 23 days on the market compared to 20 days last year. There were 12 homes sold in October this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$61,625
+116.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Gary, IN
$61,625
+116.2%
United States
To compare other locations to the Downtown Gary and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Gary add value to a home.
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How hot is the Downtown Gary housing market?
Downtown Gary is somewhat competitive. Homes sell in 29.5 days.
0
100
54
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 6 months
Some homes get multiple offers.
The average homes sell for about 9% below list price and go pending in around 30 days.
Hot homes
can sell for around list price and go pending in around 19 days.
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 Downtown Gary housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Gary.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Gary has a minor risk of flooding. 301 properties in Downtown Gary are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Downtown Gary. Flood risk is increasing slower than the national average.
84% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Gary has a severe risk of wildfire. There are 3,411 properties in Downtown Gary that have some risk of being affected by wildfire over the next 30 years. This represents 84% of all properties in Downtown Gary.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Gary has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Gary is most at risk from hurricanes. 4,013 properties in Downtown Gary have some risk of being in a severe wind event within the next 30 years.