The Unshakable Investor

Unshakable ZIP Data 46404 | 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 46404, Gary, Indiana is $143,207 at $84 per square foot. 51 single-family homes sold in the latest period, up 0.9 percent from a year earlier. Homes sit a median of 64 days on market with 2.3 months of supply. Sellers are getting 94.8 percent of list price and 20.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$97,800
Average price per sq ft$57
Median sale price$143,207
Median sale price per sq ft$84
Median home size1,703 sq ft
Median new listing price$128,353-4.9%
National size rank7,181

Sales activity

MetricValueYear over year
Homes sold51+0.9%
Median days on market64 days
Months of supply2.3 months
New listings53-14.8%
Active listings91-17.9%
Pending sales54-7.4%

Pricing power

MetricValueYear over year
Average sale-to-list ratio94.8%-2.5 pts
Share sold above list20.0%-1.6 pts

Bedroom value anchors

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

2-bedroom
$77,605
3-bedroom
$107,909
4-bedroom
$141,196

These figures describe the single-family market for Gary, Indiana ZIP 46404. They are market context, not a substitute for sold comps or a formal appraisal.