Data as of February 2026. Source: Realtor.com.
The GARY, IN real estate market (46402) currently shows 26 active listings, with 3 pending sales. Homes are averaging 93 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 93 days on market compared to 62 days last year.
The median listing price has fallen 7.2% year-over-year, from $132,475 to $123,000.
Whether you are buying or selling in GARY, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 5,873 · Density: 268.8/mi² · Median household income: $26,101
Typical home value: $76,327 · Homeownership: 42.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46402 | Gary, IN 46402 | 0.0 mi | 31 | $3,810,582 | $127,000 | $122,922 |
| 46404 | Gary, IN 46404 | 2.8 mi | 58 | $9,217,766 | $165,000 | $158,927 |
| 46406 | Gary, IN 46406 | 3.9 mi | 26 | $4,045,730 | $170,000 | $155,605 |
| 46405 | Lake Station, IN 46405 | 4.4 mi | 38 | $6,947,008 | $179,900 | $182,816 |
| 46323 | Hammond, IN 46323 | 6.4 mi | 43 | $9,133,673 | $214,900 | $212,411 |
| 46319 | Griffith, IN 46319 | 7.6 mi | 34 | $9,141,070 | $265,900 | $268,855 |
| 46342 | Hobart, IN 46342 | 7.9 mi | 106 | $30,111,950 | $272,450 | $284,075 |
| 46320 | Hammond, IN 46320 | 8.5 mi | 23 | $5,353,388 | $214,950 | $232,756 |
| 46410 | Merrillville, IN 46410 | 8.9 mi | 129 | $38,486,892 | $272,000 | $298,348 |
| 46321 | Munster, IN 46321 | 9.9 mi | 79 | $36,635,065 | $379,000 | $463,735 |
| 46375 | Schererville, IN 46375 | 10.3 mi | 85 | $32,242,285 | $349,900 | $379,321 |
| 60438 | Lansing, IL 60438 | 11.7 mi | 144 | $30,962,160 | $211,000 | $215,015 |
| 46373 | Saint John, IN 46373 | 13.4 mi | 102 | $69,370,098 | $644,900 | $680,099 |
As of February 2026, there are 26 active listings in GARY, IN (zip code 46402), compared to 21 the prior year.
The median listing price in GARY, IN 46402 is $123,000 as of February 2026, a 7.2% decrease from $132,475 the prior year.
Homes in GARY, IN 46402 spend an average of 93 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of February 2026, GARY, IN 46402 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 93 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in GARY, IN 46402 save an estimated $2,460 compared to a typical 5% commission on the median listing price of $123,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.