Is Gary, IN 46409 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Gary is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score34/ 100

More competitive than 32% of U.S. ZIP codes, and #257 of 306 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market

Sold above original list16%Share of sales, last 3 months

Median sale-to-list95.6%Sold price ÷ list price

Median days on market32Listing to accepted offer

Median price per sq ft$66▲ +5.8% vs. last year

Run the numbers for 46409

Prefilled for 46409Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46409Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cedar Lake 46303Seller’s market $197 /sq ft Crown Point 46307Seller’s market $182 /sq ft Dyer 46311Seller’s market $184 /sq ft East Chicago 46312Seller’s market $101 /sq ft Browse all markets →

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lake County property taxes Lake County loan limits Closing costs in Indiana Hottest ZIP codes in Indiana

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology