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 $59, down 1.7% 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 31 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 21 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|6 Weeks Ago~$50K OfferSold for $50K2 bd | 1 ba | ~750 sqftOver List Price0%Days on Market2Competing Offers0Down Payment—
- Offer Not Accepted|6 Weeks Ago~$75K OfferSold for $75K3 bd | 2 ba | ~2,750 sqftUnder List Price18%Days on Market45Competing Offers4Down Payment—
- Offer Not Accepted|12 Weeks Ago~$50K OfferSold for $50K3 bd | 1 ba | ~1,500 sqftUnder List Price25%Days on Market37Competing Offers2OfferAll Cash
View houses in Gary that sold recently
Recently sold homes
- $10,000 Last Sold Price2 beds1 bath810 sq ft1532 Jackson St, Gary, IN 46407(855) 456-4945List Price$15,000Sale to List33% under listDays on Market116 days1532 Jackson St, Gary, IN 46407
- $30,000 Last Sold Price2 beds1.5 baths1,350 sq ft1640 Georgia St, Gary, IN 46407(219) 712-9928List Price$19,500Sale to List54% over listDays on Market8 days1640 Georgia St, Gary, IN 46407
- $31,051 Last Sold Price2 beds2 baths968 sq ft2381 Jefferson St, Gary, IN 46407(219) 662-3000List Price$33,000Sale to List6% under listDays on Market48 days2381 Jefferson St, Gary, IN 46407
- $80,500 Last Sold Price2 beds3 baths1,295 sq ft1845 W 20th Ave, Gary, IN 46404(708) 418-5908List Price$89,900Sale to List10% under listDays on Market102 days1845 W 20th Ave, Gary, IN 46404
- $22,000 Last Sold Price3 beds1 bath1,720 sq ft4325 Harrison St, Gary, IN 46408(219) 548-2021List Price$50,000Sale to List56% under listDays on Market25 days4325 Harrison St, Gary, IN 46408
- $93,000 Last Sold Price3 beds2 baths1,533 sq ft4970 Massachusetts St, Gary, IN 46409(219) 771-7000List Price$99,000Sale to List6% under listDays on Market66 days4970 Massachusetts St, Gary, IN 46409
- $128,000 Last Sold Price5 beds2 baths3,080 sq ft1576 Jennings St, Gary, IN 46404(219) 531-6683List Price$139,000Sale to List8% under listDays on Market22 days1576 Jennings St, Gary, IN 46404
- $70,000 Last Sold Price3 beds1 bath900 sq ft4421 Grant St, Gary, IN 46408(219) 613-3968List Price$75,000Sale to List7% under listDays on Market153 days4421 Grant St, Gary, IN 46408
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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