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Market Intelligence · IN / Lake County

Gary, IN housing market

7 ZIP markets liveData updated August 2026Typical value$82K1-yr changeDown5.8%

The median home value in Gary, IN is $82K as of August 2026, down 5.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Gary, by the numbers.

Typical home valueZillow ZHVI, August 2026
$82K
1-yr changeMedian across Gary ZIPs
-5.8%
ZIP markets live8 tracked in Gary
7
County
Lake County

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12-month value trend

-5.8% over 12 months

Typical home value in Gary over the last 12 months: $87K in Aug 2025 to $82K in Aug 2026 (-5.8%).

Aug 2025$87K

Aug 2026$82K

Median Zillow home value index across Gary's ZIP codes.

Context

Zillow's home value index puts the typical Gary home at $81,812 as of August 2026, a 12-month move of -5.8%. On the listing side, Realtor.com counts 241 homes on the market, 60 newly listed, and a median asking price of $112,500 in August 2026. A typical listing takes 64 days to sell, and 14.3% of active homes have seen a price reduction. The read is a cooling market, where pricing to current data decides which homes actually sell.

The numbers

What is the housing market like in Gary, IN?

Typical home value

$82K

Down5.8%YoY

Median list price

$113K

Days on market

64

Homes for sale

241

Price cuts

14.3%

New listings

60

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Gary's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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The markets

Which Gary ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 8 Gary ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Gary?

Top real estate agents in Gary, IN

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Nearby markets

More Indiana housing markets.

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