Housing Prices in Gary, IN

How much do homes in Gary, IN cost?

Median List Price

$125,000

$88/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

+$25,001(+25.0%)

Key Takeaway

The list price of homes in Gary has increased by 25% since October.

Summary: The median home list price in Gary was $125,000 in November 2024, up 25% from the previous month, and the median price per square foot was $88.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $30K$30K
0.0%
3 $129K$134.4K
+4.2%
4 $70K$129.5K
+85.0%
5+ --
N/A

Summary: Gary housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 85%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Gary
+25.0%
Calumet Township
+14.7%
Lake Station
-24.3%
Hobart Township
-52.7%

Housing Supply in Gary, IN

How many homes are available in Gary, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1113+18.2%

Summary: The Gary real estate market had 13 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 58
+60.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Gary housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Days on Market for Gary, IN

How long does it take to sell a home in Gary, IN?

Average Listing Age

Oct 2024Nov 2024CHANGE
98 Days101 Days+2.9%

Summary: Homes in Gary had an average listing age of 101 days in Nov 2024, up by 2.9% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Gary, IN

Nearby Markets to Gary, IN