Gary, IN metro area Housing Market Brief
metro · IN · as of August 2026
What is Gary, IN metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Gary, IN metro area in its market cycle?
Gary, IN metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Gary, IN metro area?
Our model forecasts Gary, IN metro area’s home prices to rise about 3.0% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Gary, IN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $301K | ▲ +0.2% |
| Median Days on Market | 32 days | ▼ -27.3% |
| Months of Supply | 2.7 | ▼ -12.9% |
| Homes for Sale | 1,965 | ▼ -16.2% |
| Homes Sold | 740 | ▼ -3.4% |
| Median Price / Sq Ft | $165 | ▲ +1.6% |
How has Gary, IN metro area’s Alpha Score moved?
Markets like Gary, IN metro area
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- Macon, GA metro area, GAmetro51
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- Mobile, AL metro area, ALmetro51
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Frequently asked questions
Is Gary, IN metro area a buyer's or seller's market?
As of August 2026, Gary, IN metro area is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, inventory, affordability, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Gary, IN metro area?
The median sale price in Gary, IN metro area is $301K, having held roughly steady over the past year.
How affordable is Gary, IN metro area?
Gary, IN metro area scores 62 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Gary, IN metro area's Alpha Score?
Gary, IN metro area's strongest dimension is Rental Yield (63/100) and its weakest is Price Momentum (40/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Gary, IN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.