Gary, IN Real Estate & Property Data

Gary Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Gary, IN. ATTOM’s Gary real estate data is updated daily, and current market trends show that in Gary, IN a total of 1,907 residential properties have sold over the past year. With a median home price of $95,625 in Gary and a total of 15 foreclosures. Get detailed property data for Gary, IN instantly. ATTOM is your one-stop-shop for the Gary property reports and real estate data you need in Gary, IN.

Gary Real Estate Market Trends
Total Residential Properties 30,991
Total Commercial Properties 3,757
Avg. Home Age (Single Family Home) 78 Years
Avg. Square Feet (Single Family Home) 1,215
Total 2025 Residential Sales (year-to-date) 286
% of Homes Seriously Underwater (Q2 2025) 1.83%
Total 2024 Residential Sales 1,736
% of Equity Rich Homes (Q2 2025) 18.71%
Effective 2024 Property Tax 0.94%
Total Foreclosure Filings (year-to-date) 36
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Gary, IN Real Estate Overview

There were 1,907 residential properties sold in the past year in Gary, IN. The median home value in Gary, IN is $105,488. There are a total of 30,991 residential properties in the Gary.

Median Sales Price i
$95,625
(Feb 2025)
-36.2%
year-over-year
y-o-y
  • February '25 Feb '25 $95,625
  • January '25 Jan '25 $107,855
  • December '24 Dec '24 $141,906
  • November '24 Nov '24 $135,776
  • October '24 Oct '24 $145,635
  • September '24 Sep '24 $143,381
  • August '24 Aug '24 $152,625
  • July '24 Jul '24 $143,879
  • June '24 Jun '24 $137,870
  • May '24 May '24 $140,012
  • April '24 Apr '24 $132,250
  • March '24 Mar '24 $122,439
Median Down Payment i
$27,500
(Feb 2025)
+37.5%
year-over-year
y-o-y
  • February '25 Feb '25 $27,500
  • January '25 Jan '25 $12,817
  • December '24 Dec '24 $23,375
  • November '24 Nov '24 $21,513
  • October '24 Oct '24 $21,876
  • September '24 Sep '24 $24,750
  • August '24 Aug '24 $22,228
  • July '24 Jul '24 $26,101
  • June '24 Jun '24 $16,250
  • May '24 May '24 $17,750
  • April '24 Apr '24 $18,800
  • March '24 Mar '24 $18,312
Number of Homes Sold i
119
(Feb 2025)
-23.2%
year-over-year
y-o-y
  • February '25 Feb '25 119
  • January '25 Jan '25 167
  • December '24 Dec '24 150
  • November '24 Nov '24 137
  • October '24 Oct '24 144
  • September '24 Sep '24 115
  • August '24 Aug '24 150
  • July '24 Jul '24 143
  • June '24 Jun '24 155
  • May '24 May '24 150
  • April '24 Apr '24 193
  • March '24 Mar '24 129
Number of Purchase Loans i
77
(Feb 2025)
+8.5%
year-over-year
y-o-y
  • February '25 Feb '25 77
  • January '25 Jan '25 80
  • December '24 Dec '24 85
  • November '24 Nov '24 74
  • October '24 Oct '24 66
  • September '24 Sep '24 85
  • August '24 Aug '24 71
  • July '24 Jul '24 78
  • June '24 Jun '24 73
  • May '24 May '24 67
  • April '24 Apr '24 100
  • March '24 Mar '24 41
Number of REFI Loans i
47
(Feb 2025)
-16.1%
year-over-year
y-o-y
  • February '25 Feb '25 47
  • January '25 Jan '25 59
  • December '24 Dec '24 52
  • November '24 Nov '24 65
  • October '24 Oct '24 66
  • September '24 Sep '24 65
  • August '24 Aug '24 62
  • July '24 Jul '24 53
  • June '24 Jun '24 60
  • May '24 May '24 58
  • April '24 Apr '24 57
  • March '24 Mar '24 41
Number of HELOC Loans i
6
(Feb 2025)
-25%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 8
  • December '24 Dec '24 10
  • November '24 Nov '24 5
  • October '24 Oct '24 7
  • September '24 Sep '24 10
  • August '24 Aug '24 12
  • July '24 Jul '24 13
  • June '24 Jun '24 9
  • May '24 May '24 19
  • April '24 Apr '24 19
  • March '24 Mar '24 6

Gary, IN Real Estate Market Overview

Last 30 days
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    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Gary, IN Foreclosure Activity

There were a total of 15 Gary, IN properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
15
(Feb 2025)
-21.1%
year-over-year
y-o-y
  • February '25 Feb '25 15
  • January '25 Jan '25 21
  • December '24 Dec '24 14
  • November '24 Nov '24 15
  • October '24 Oct '24 9
  • September '24 Sep '24 22
  • August '24 Aug '24 17
  • July '24 Jul '24 21
  • June '24 Jun '24 12
  • May '24 May '24 13
  • April '24 Apr '24 20
  • March '24 Mar '24 14
Foreclosure Starts i
7
(Feb 2025)
+40%
year-over-year
y-o-y
  • February '25 Feb '25 7
  • January '25 Jan '25 13
  • December '24 Dec '24 14
  • November '24 Nov '24 4
  • October '24 Oct '24 8
  • September '24 Sep '24 16
  • August '24 Aug '24 9
  • July '24 Jul '24 15
  • June '24 Jun '24 7
  • May '24 May '24 8
  • April '24 Apr '24 15
  • March '24 Mar '24 10
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 36
  • December '24 Dec '24 54
  • November '24 Nov '24 65
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 3
  • July '24 Jul '24 5
  • June '24 Jun '24 1
  • May '24 May '24 10
  • April '24 Apr '24 1
  • March '24 Mar '24 6
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