Zip 46408 (Gary, IN) Housing

The housing market in 46408 Gary, IN is quite robust, with a median value of $99,700. This is significantly lower than the overall US median value of $338,100 but has shown more appreciation year over year at 9.79%. This is higher than the national average of 8.27%, indicating that the local market in Gary is growing rapidly.

The median home cost in Gary (zip 46408) is $99,700. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Gary (zip 46408) is up 13.9%.

Average Age of Homes

- The median age of Gary (zip 46408) real estate is 63 years old

The Rental Market in Gary (zip 46408)

- Renters make up 30.5% of the Gary (zip 46408) population
- 0.5% of houses and apartments in Gary (zip 46408), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gary, Indiana	United States
	7,586.0	139,647,020.0
	68	42
	$99,700	$338,100
	13.9%	16.6%
	54.7%	57.0%
	75.5%	101.1%
	$11.08	$10.98
	$874	$2,690
	49.1%	57.4%
	21.6%	11.2%
	29.3%	31.4%
Vacant Housing
	0.5%	1.9%
	0.2%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	20.4%	4.1%
Value of Owner-Occupied Housing
	7.4%	2.6%
	5.6%	2.4%
	19.4%	2.8%
	18.8%	3.9%
	16.5%	4.5%
	14.3%	11.3%
	12.6%	13.0%
	1.9%	20.1%
	0.6%	13.6%
	0.6%	8.3%
	2.0%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.0%	13.6%
	2.0%	13.6%
	2.4%	13.6%
	4.0%	13.2%
	5.9%	14.8%
	2.4%	13.6%
	28.9%	10.0%
	20.9%	4.7%
	20.5%	12.2%

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