Is Gary, IN 46407 a buyer’s or seller’s market?
Gary is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.1Under 4 months = seller’s market
Sold above original list9.1%Share of sales, last 3 months
Median sale-to-list93%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$48▼ −5.4% vs. last year
Run the numbers for 46407
Nearby markets
Cedar Lake 46303Seller’s market $197 /sq ftCrown Point 46307Seller’s market $182 /sq ftDyer 46311Seller’s market $184 /sq ftEast Chicago 46312Seller’s market $101 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology