Housing in Gary, IN (Zip Code 46404) is currently valued at $79,800. This figure is far less than the US median housing value of $338,100. However, the city has seen a rapid appreciation in housing prices over the past year at 9.79%, which is more than the national average of 8.27%. Consequently, this could be a great opportunity for potential buyers or investors looking to gain from an increase in housing prices in the near future.
The median home cost in Gary (zip 46404) is $79,800. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Gary (zip 46404) is up 13.9%.
Average Age of Homes
- The median age of Gary (zip 46404) real estate is 62 years old
The Rental Market in Gary (zip 46404)
- Renters make up 31.3% of the Gary (zip 46404) population
- 2.5% of houses and apartments in Gary (zip 46404), 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.