What are current home values in Gary, IN?

The median home value in Gary, IN is $91,950 as of June 2026. This represents a 0.6% increase compared to last month and a 3.8% decrease year-over-year.

How have home values changed in Gary, IN?

Home values in Gary, IN have increased by 0.6% month-over-month and 3.8% year-over-year.

How do home values in Gary, IN compare to Lake County, Indiana, and the national average?

The median home value in Gary, IN ($91,950) compares to: Lake County ($254,097), Indiana ($262,265), and the U.S. national median ($372,995).

Gary, IN Housing Market

$91,950

3.8% 1-yr

The average Gary, IN home value is $91,950, down 3.8% over the past year, and homes go to pending in around 28 days. (Updated on 6/30/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Gary Key Takeaways

Typical Home Values: $91,950

1-Year Value Change: -3.8%

(Data through June 30, 2026)

Gary Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 356 (June 30, 2026)

New Listings: 103 (June 30, 2026)

Median Sale to List Ratio: 0.981 (May 31, 2026)

Median Sale Price: $124,310 (May 31, 2026)

Median List Price: $126,000 (June 30, 2026)

Percent of Sales Over List Price: 22.4% (May 31, 2026)

Percent of Sales Under List Price: 56.4% (May 31, 2026)

Median Days to Pending: 28 (June 30, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Black Oak$101,996
University Park$86,083
Tolleston$111,377
Midtown$57,059
Westside$84,825
Prairie Ridge$176,674
Hobart Marsh$271,350
Ambrige Mann$85,447
Pulaski$71,542

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Gary Rental Market Trends

Average Rent: $1,366 (June 30, 2026)

National Average Rent: $1,965 (June 30, 2026)

Month-Over-Month Change: 1.6% (June 30, 2026)

Year-Over-Year Change: 5.9% (June 30, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.