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Updated May 2026Redfin3-month window

46409 Real Estate Market Update: Gary, IN, May 2026

Analysis by INEYA Studio. Data updated May 2026 from Redfin Data Center.

The latest housing-market numbers for ZIP code 46409 in Gary, Indiana, for May 2026: a $89K median sale price, straight from Redfin Data Center. ZIP-level figures are a rolling three-month window (last public Redfin release).

$89K
Median sale price, May 2026
$41K
A year earlier, in 2025
48
Days on market
95.0%
Sale-to-list
ZIP 46409, Gary, IN, May 2026. Source: Redfin.
MetricValueMoMYoY
Median sale price$89K▲ +43.8%▲ +113.3%
Days on market48▼ -2.0%• 0.0%
Homes for sale33▼ -2.9%▼ -41.1%
Sale-to-list95.0%▲ +3.4%▲ +3.4%
Homes sold26▲ +18.2%▼ -35.0%

Figures from Redfin Data Center (a rolling three-month window (last public Redfin release)). Verify against your MLS before posting. Not a valuation for a specific home.

What the 46409 numbers say

Prices in Gary's 46409 ZIP are still climbing. The median sale price reached $88,500, up 113.3% year over year. Pace is steady: a typical listing goes under contract in about 48 days, with sellers getting 95.0% of list price.

With 33 homes for sale, 46409 is currently an active market.

What this means if you sell in 46409

Use these figures to set expectations early with each client. Lead a listing appointment with the $89K median price and the 48-day pace, show the year-over-year direction, and frame 46409 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 46409 market

We built LOKAL to pull 46409's numbers straight from Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $89K median sale price, +113.3% year over year, a 95.0% sale-to-list ratio and a +43.8% month-over-month move across 26 recorded sales. That compares with roughly $41K a year earlier, in 2025. This ZIP is served from the last public Redfin release (frozen since June 2026) and only appears because it cleared at least 20 recorded sales for the period, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 46409 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 46409 housing market

What is the median home price in ZIP 46409 (Gary, IN)?
As of May 2026, the median sale price in ZIP 46409 is $88,500 (+113.3% year over year), per Redfin Data Center. Figures are a rolling three-month window (last public Redfin release) for this ZIP code.
Is ZIP 46409 a buyer's or seller's market right now?
ZIP 46409 is currently an active market, based on a 95.0% sale-to-list ratio, about 48 days on market for May 2026.
How long do homes take to sell in ZIP 46409?
A typical listing in 46409 goes under contract in about 48 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 46409 market data come from?
All figures for 46409 come from Redfin Data Center: a rolling three-month window (last public Redfin release). LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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Data credited to its source on every update. LOKAL is independent.

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All Indiana ZIP codes →All US ZIP-code updates →

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Data from Redfin Data Center (ZIP-level market data, a rolling three-month window (last public Redfin release)), not a valuation for a specific home.