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 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 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 49 days.
- Hot homescan sell for about 1% above 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 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|7 Weeks Ago~$50K OfferSold for $50K2 bd | 1 ba | ~750 sqftOver List Price0%Days on Market2Competing Offers0Down Payment—
- Offer Not Accepted|7 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
- $30,000 Last Sold Price4 beds1.5 baths1,808 sq ft3656 Delaware St, Gary, IN 46409(219) 712-9928List Price$36,900Sale to List19% under listDays on Market44 days3656 Delaware St, Gary, IN 46409
- $126,000 Last Sold Price3 beds1 bath1,376 sq ft4126 E 6th Ave, Gary, IN 46403(219) 281-8502List Price$126,000Sale to List0% over listDays on Market134 days4126 E 6th Ave, Gary, IN 46403
- $23,000 Last Sold Price3 beds2 baths—sq ft2053 Maryland St, Gary, IN 46407(219) 440-0070List Price$29,000Sale to List21% under listDays on Market57 days2053 Maryland St, Gary, IN 46407
- $110,000 Last Sold Price3 beds1 bath2,158 sq ft708 W 43rd Ave, Gary, IN 46408(219) 852-9544List Price$120,000Sale to List8% under listDays on Market83 days708 W 43rd Ave, Gary, IN 46408
- $58,000 Last Sold Price2 beds1 bath—sq ft3942 Lincoln St, Gary, IN 46408(219) 384-7957List Price$65,000Sale to List11% under listDays on Market68 days3942 Lincoln St, Gary, IN 46408
- $16,000 Last Sold Price2 beds1 bath697 sq ft2650 Monroe St, Gary, IN 46407(219) 200-2239List Price$19,900Sale to List20% under listDays on Market48 days2650 Monroe St, Gary, IN 46407
- $35,500 Last Sold Price2 beds—baths864 sq ft840 Polk St, Gary, IN 46402(219) 462-2224List Price$45,000Sale to List21% under listDays on Market105 days840 Polk St, Gary, IN 46402
- $35,000 Last Sold Price2 beds1 bath1,714 sq ft2429 Adams St, Gary, IN 46407(219) 292-3704List Price$45,000Sale to List22% under listDays on Market7 days2429 Adams St, Gary, IN 46407
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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