Gary Real Estate Market

Gary Market

The median sale price for homes in Gary over the last 12 months is $68,862.


The median mortgage debt is $66,947.

Additional Statistics for Single Family Homes and Condos in Gary, IN
$39,540
Median Listing Price
80
Median Days on Market
300
Active Listings
6.3%
Distressed Listings
(foreclosures and short sales)
Gary, IN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Gary is $37,500. The list prices increased by 7.14% from the previous month.

The price per square foot for listings in this area is $33.

The median sale price in January for single family homes is $52,551. The sale prices dropped by -15.91% from the previous month.

The price per square foot for sales in this area is $32.

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Gary, IN Market Inventory Trends

The number of active listings in Gary increased by 1.4% from the previous month.

The median number of days active properties have been listed is 79.

The number of sales in January dropped by 85.7% from the previous month.

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Gary, IN Property Ownership

The percent of owner occupied properties in Gary is 18.41% below the national average.

The percent of rental properties in Gary is 15.49% above the national average which is typical for urban areas.

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