Gary, IN Real Estate & Property Data

Gary Real Estate Market Trends
Last Updated: April 27, 2024

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 1,756 residential properties have sold over the past year. With a median home price of $142,123 in Gary and a total of 19 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 31,067
Total Commercial Properties 3,801
Avg. Home Age (Single Family Home) 78 Years
Avg. Square Feet (Single Family Home) 1,212
Total 2024 Residential Sales (year-to-date) 259
% of Homes Seriously Underwater (Q2 2024) 3.16%
Total 2023 Residential Sales 1,625
% of Equity Rich Homes (Q2 2024) 13.81%
Effective 2023 Property Tax 1.91%
Total Foreclosure Filings (year-to-date) 49
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Gary, IN Real Estate Overview

There were 1,756 residential properties sold in the past year in Gary, IN. The median home value in Gary, IN is $60,983. There are a total of 31,067 residential properties in the Gary.

Median Sales Price i
$142,123
(Feb 2024)
+28.1%
year-over-year
y-o-y
  • February '24 Feb '24 $142,123
  • January '24 Jan '24 $139,000
  • December '23 Dec '23 $128,637
  • November '23 Nov '23 $131,250
  • October '23 Oct '23 $132,275
  • September '23 Sep '23 $109,375
  • August '23 Aug '23 $154,342
  • July '23 Jul '23 $133,734
  • June '23 Jun '23 $162,697
  • May '23 May '23 $119,047
  • April '23 Apr '23 $130,239
  • March '23 Mar '23 $129,794
Median Down Payment i
$20,625
(Feb 2024)
+59.9%
year-over-year
y-o-y
  • February '24 Feb '24 $20,625
  • January '24 Jan '24 $14,550
  • December '23 Dec '23 $19,250
  • November '23 Nov '23 $25,000
  • October '23 Oct '23 $18,188
  • September '23 Sep '23 $10,000
  • August '23 Aug '23 $18,298
  • July '23 Jul '23 $13,844
  • June '23 Jun '23 $10,812
  • May '23 May '23 $13,800
  • April '23 Apr '23 $25,716
  • March '23 Mar '23 $11,000
Number of Homes Sold i
144
(Feb 2024)
+37.1%
year-over-year
y-o-y
  • February '24 Feb '24 144
  • January '24 Jan '24 115
  • December '23 Dec '23 123
  • November '23 Nov '23 136
  • October '23 Oct '23 123
  • September '23 Sep '23 137
  • August '23 Aug '23 143
  • July '23 Jul '23 133
  • June '23 Jun '23 145
  • May '23 May '23 165
  • April '23 Apr '23 124
  • March '23 Mar '23 163
Number of Purchase Loans i
68
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 68
  • January '24 Jan '24 51
  • December '23 Dec '23 71
  • November '23 Nov '23 54
  • October '23 Oct '23 59
  • September '23 Sep '23 61
  • August '23 Aug '23 63
  • July '23 Jul '23 72
  • June '23 Jun '23 65
  • May '23 May '23 113
  • April '23 Apr '23 60
  • March '23 Mar '23 55
Number of REFI Loans i
58
(Feb 2024)
+34.9%
year-over-year
y-o-y
  • February '24 Feb '24 58
  • January '24 Jan '24 42
  • December '23 Dec '23 52
  • November '23 Nov '23 52
  • October '23 Oct '23 64
  • September '23 Sep '23 76
  • August '23 Aug '23 48
  • July '23 Jul '23 58
  • June '23 Jun '23 43
  • May '23 May '23 82
  • April '23 Apr '23 34
  • March '23 Mar '23 30
Number of HELOC Loans i
9
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 8
  • December '23 Dec '23 9
  • November '23 Nov '23 7
  • October '23 Oct '23 6
  • September '23 Sep '23 4
  • August '23 Aug '23 13
  • July '23 Jul '23 4
  • June '23 Jun '23 13
  • May '23 May '23 11
  • April '23 Apr '23 8
  • March '23 Mar '23 4

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 19 Gary, IN properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 5 Gary, IN properties and repossessed 12 Gary, IN properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
19
(Feb 2024)
+90%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 30
  • December '23 Dec '23 13
  • November '23 Nov '23 7
  • October '23 Oct '23 26
  • September '23 Sep '23 29
  • August '23 Aug '23 8
  • July '23 Jul '23 13
  • June '23 Jun '23 8
  • May '23 May '23 7
  • April '23 Apr '23 16
  • March '23 Mar '23 38
Foreclosure Starts i
5
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 8
  • December '23 Dec '23 13
  • November '23 Nov '23 3
  • October '23 Oct '23 12
  • September '23 Sep '23 18
  • August '23 Aug '23 8
  • July '23 Jul '23 8
  • June '23 Jun '23 5
  • May '23 May '23 4
  • April '23 Apr '23 4
  • March '23 Mar '23 18
Completed Foreclosures (REOs) i
12
(Feb 2024)
+140%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 3
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 7
  • September '23 Sep '23 N/A
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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