Data as of February 2026. Source: Realtor.com.
The GARY, IN real estate market (46407) currently shows 71 active listings, with 14 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.
Homes are selling faster, averaging 47 days on market compared to 57 days last year.
The median listing price has fallen 49.9% year-over-year, from $119,725 to $60,000.
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: 9,125 · Density: 843.8/mi² · Median household income: $26,502
Typical home value: $51,243 · Homeownership: 45.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46407 | Gary, IN 46407 | 0.0 mi | 56 | $4,764,536 | $66,500 | $85,081 |
| 46402 | Gary, IN 46402 | 2.2 mi | 31 | $3,810,582 | $127,000 | $122,922 |
| 46408 | Gary, IN 46408 | 3.1 mi | 52 | $8,174,556 | $165,000 | $157,203 |
| 46403 | Gary, IN 46403 | 4.2 mi | 54 | $13,402,800 | $221,000 | $248,200 |
| 46319 | Griffith, IN 46319 | 6.1 mi | 34 | $9,141,070 | $265,900 | $268,855 |
| 46323 | Hammond, IN 46323 | 6.4 mi | 43 | $9,133,673 | $214,900 | $212,411 |
| 46322 | Highland, IN 46322 | 7.0 mi | 50 | $13,365,950 | $249,900 | $267,319 |
| 46312 | East Chicago, IN 46312 | 8.0 mi | 28 | $4,992,400 | $184,900 | $178,300 |
| 46324 | Hammond, IN 46324 | 8.8 mi | 39 | $7,980,414 | $197,450 | $204,626 |
| 46321 | Munster, IN 46321 | 9.2 mi | 79 | $36,635,065 | $379,000 | $463,735 |
| 46394 | Whiting, IN 46394 | 11.2 mi | 32 | $8,589,696 | $249,999 | $268,428 |
| 46373 | Saint John, IN 46373 | 11.7 mi | 102 | $69,370,098 | $644,900 | $680,099 |
| 46311 | Dyer, IN 46311 | 12.0 mi | 62 | $32,763,652 | $404,350 | $528,446 |
As of February 2026, there are 71 active listings in GARY, IN (zip code 46407), compared to 52 the prior year.
The median listing price in GARY, IN 46407 is $60,000 as of February 2026, a 49.9% decrease from $119,725 the prior year.
Homes in GARY, IN 46407 spend an average of 47 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of February 2026, GARY, IN 46407 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in GARY, IN 46407 save an estimated $1,200 compared to a typical 5% commission on the median listing price of $60,000. 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.