Gary, IN Housing Market
The Gary housing market is somewhat competitive. Homes in Gary receive 3 offers on average and sell in around 51 days. 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 $62, up 29.2% 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 40 days.
- Hot homescan sell for around list price and go pending in around 12 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 26 days.
- Hot homescan sell for about 1% above 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 37 days.
- Hot homescan sell for about 2% above list price and go pending in around 12 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 Peoria and St. Louis.
- 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 South Bend.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 1,510 | ||
2 | 730 | ||
3 | 695 | ||
4 | 544 | ||
5 | 366 | ||
6 | 285 | ||
7 | 185 | ||
8 | 171 | ||
9 | 51 | ||
10 | 50 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 1,962 | ||
2 | 1,319 | ||
3 | 1,297 | ||
4 | 1,157 | ||
5 | 1,141 | ||
6 | 1,111 | ||
7 | 881 | ||
8 | 846 | ||
9 | 793 | ||
10 | 747 |
Home offer insights for Gary
Recent offers
- Offer Not Accepted|10 Weeks Ago~$50K OfferSold for $50K2 bd | 1 ba | ~750 sqftOver List Price0%Days on Market2Competing Offers0Down Payment—
- Offer Not Accepted|10 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
- $225,000 Last Sold Price2 beds2 baths1,934 sq ft1120 N Wells St, Gary, IN 46403(219) 462-2411List Price$324,900Sale to List31% under listDays on Market98 days1120 N Wells St, Gary, IN 46403
- $87,200 Last Sold Price2 beds1 bath748 sq ft5849 W 40th Pl, Gary, IN 46408(219) 322-5508List Price$79,900Sale to List9% over listDays on Market34 days5849 W 40th Pl, Gary, IN 46408
- $172,900 Last Sold Price4 beds2 baths2,322 sq ft1132 Clay St, Gary, IN 46403(219) 384-7957List Price$172,900Sale to List0% over listDays on Market150 days1132 Clay St, Gary, IN 46403
- $135,000 Last Sold Price2 beds1 bath1,518 sq ft120 Taft St, Gary, IN 46404(219) 462-5478List Price$129,000Sale to List5% over listDays on Market36 days120 Taft St, Gary, IN 46404
- $91,500 Last Sold Price2 beds2 baths1,344 sq ft2334 Tennessee St, Gary, IN 46407(219) 226-5407List Price$91,500Sale to List0% over listDays on Market38 days2334 Tennessee St, Gary, IN 46407
- $65,000 Last Sold Price3 beds1 bath1,708 sq ft1448 W 17th Ave, Gary, IN 46407(219) 464-9611List Price$79,900Sale to List19% under listDays on Market16 days1448 W 17th Ave, Gary, IN 46407
- $350,000 Last Sold Price3 beds2 baths1,800 sq ft7419 Maple Ave, Gary, IN 46403(219) 926-1616List Price$350,000Sale to List0% over listDays on Market57 days7419 Maple Ave, Gary, IN 46403
- $169,500 Last Sold Price3 beds2 baths2,016 sq ft1967 Cleveland St, Gary, IN 46404(219) 472-2004List Price$180,000Sale to List6% under listDays on Market106 days1967 Cleveland St, Gary, IN 46404
See all recently sold homes in Gary.
See listings
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®
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