Gary, IN 46408 Real Estate & Property Data

Gary, IN 46408 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 512 residential properties have been sold over the past 12 months in 46408. With a median sales price of $197,500 in 46408 and a total of 4 foreclosures in Gary, IN 46408. Discover market trends and get the granular level real estate data for Gary, IN 46408 to keep your pulse on the housing market. Curate compelling home reports for Gary, IN 46408 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Gary, IN 46408 Real Estate Market Trends
Total Residential Properties 6,196
Total Commercial Properties 688
Avg. Home Age (Single Family Home) 81 Years
Avg. Square Feet (Single Family Home) 1,250
Total 2025 Residential Sales (year-to-date) 162
% of Homes Seriously Underwater (Q3 2025) 1.48%
Total 2024 Residential Sales 610
% of Equity Rich Homes (Q3 2025) 25.37%
Effective 2024 Property Tax 0.71%
Total Foreclosure Filings (year-to-date) 25
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Gary, IN 46408 Real Estate Overview

There were 512 residential properties sold in the past year in Gary, IN 46408. The median home value in Gary, IN 46408 is $146,971. There are a total of 6,196 residential properties in the 46408.

Median Sales Price i
$197,500
(Jun 2025)
+23.6%
year-over-year
y-o-y
  • June '25 Jun '25 $197,500
  • May '25 May '25 $176,147
  • April '25 Apr '25 $162,140
  • March '25 Mar '25 $156,886
  • February '25 Feb '25 $178,500
  • January '25 Jan '25 $148,706
  • December '24 Dec '24 $137,467
  • November '24 Nov '24 $83,092
  • October '24 Oct '24 $196,000
  • September '24 Sep '24 $148,312
  • August '24 Aug '24 $152,625
  • July '24 Jul '24 $126,003
Median Down Payment i
$15,144
(Jun 2025)
+115.9%
year-over-year
y-o-y
  • June '25 Jun '25 $15,144
  • May '25 May '25 $23,793
  • April '25 Apr '25 $7,646
  • March '25 Mar '25 $25,419
  • February '25 Feb '25 $35,700
  • January '25 Jan '25 $9,224
  • December '24 Dec '24 $15,000
  • November '24 Nov '24 $3,561
  • October '24 Oct '24 $7,229
  • September '24 Sep '24 $27,562
  • August '24 Aug '24 $5,342
  • July '24 Jul '24 $6,819
Number of Homes Sold i
36
(Jun 2025)
-33.3%
year-over-year
y-o-y
  • June '25 Jun '25 36
  • May '25 May '25 35
  • April '25 Apr '25 21
  • March '25 Mar '25 30
  • February '25 Feb '25 18
  • January '25 Jan '25 22
  • December '24 Dec '24 48
  • November '24 Nov '24 39
  • October '24 Oct '24 52
  • September '24 Sep '24 43
  • August '24 Aug '24 54
  • July '24 Jul '24 60
Number of Purchase Loans i
22
(Jun 2025)
-12%
year-over-year
y-o-y
  • June '25 Jun '25 22
  • May '25 May '25 21
  • April '25 Apr '25 14
  • March '25 Mar '25 20
  • February '25 Feb '25 11
  • January '25 Jan '25 14
  • December '24 Dec '24 28
  • November '24 Nov '24 19
  • October '24 Oct '24 24
  • September '24 Sep '24 35
  • August '24 Aug '24 24
  • July '24 Jul '24 37
Number of REFI Loans i
9
(Jun 2025)
-40%
year-over-year
y-o-y
  • June '25 Jun '25 9
  • May '25 May '25 11
  • April '25 Apr '25 22
  • March '25 Mar '25 18
  • February '25 Feb '25 10
  • January '25 Jan '25 17
  • December '24 Dec '24 15
  • November '24 Nov '24 18
  • October '24 Oct '24 14
  • September '24 Sep '24 20
  • August '24 Aug '24 15
  • July '24 Jul '24 9
Number of HELOC Loans i
2
(Jun 2025)
+100%
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 2
  • April '25 Apr '25 4
  • March '25 Mar '25 N/A
  • February '25 Feb '25 2
  • January '25 Jan '25 3
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 2
  • August '24 Aug '24 2
  • July '24 Jul '24 5

Gary, IN 46408 Foreclosure Activity

There were a total of 4 Gary, IN 46408 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
4
(Jun 2025)
+300%
year-over-year
y-o-y
  • June '25 Jun '25 4
  • May '25 May '25 2
  • April '25 Apr '25 3
  • March '25 Mar '25 5
  • February '25 Feb '25 5
  • January '25 Jan '25 6
  • December '24 Dec '24 4
  • November '24 Nov '24 4
  • October '24 Oct '24 1
  • September '24 Sep '24 3
  • August '24 Aug '24 4
  • July '24 Jul '24 6
Foreclosure Starts i
3
(Jun 2025)
+200%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 2
  • April '25 Apr '25 N/A
  • March '25 Mar '25 1
  • February '25 Feb '25 2
  • January '25 Jan '25 5
  • December '24 Dec '24 4
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 2
  • August '24 Aug '24 3
  • July '24 Jul '24 4
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 4
  • April '25 Apr '25 3
  • March '25 Mar '25 1
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 6
  • November '24 Nov '24 4
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 1
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