The Unshakable Investor

Unshakable ZIP Data 46403 | Gary, IN Housing Market

Gary · Lake County · Chicago-Naperville-Elgin, IL-IN-WI metro · Indiana · Data updated June 19, 2026

The median sale price in ZIP 46403, Gary, Indiana is $194,192 at $115 per square foot. 35 single-family homes sold in the latest period, up 40.0 percent from a year earlier. Homes sit a median of 84 days on market with 2.4 months of supply. Sellers are getting 97.3 percent of list price and 8.8 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$155,106
Average price per sq ft$92
Median sale price$194,192
Median sale price per sq ft$115
Median home size1,694 sq ft
Median new listing price$202,717+12.7%
National size rank9,183

Sales activity

MetricValueYear over year
Homes sold35+40.0%
Median days on market84 days
Months of supply2.4 months
New listings43-13.0%
Active listings74-9.8%
Pending sales43+15.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio97.3%+0.1 pts
Share sold above list8.8%-15.2 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$98,571
3-bedroom
$177,251
4-bedroom
$264,028

These figures describe the single-family market for Gary, Indiana ZIP 46403. They are market context, not a substitute for sold comps or a formal appraisal.