Housing Market in Gary

Gary's housing market runs genuinely, dramatically affordable, with a real, disclosed structural challenge worth understanding: a substantial abandoned-housing inventory.

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A dramatically low median value

Gary's median home value ran approximately $86,989 -- among the most affordable of any Indiana Tier A market documented in this project.

A real, disclosed abandoned-structure legacy

Sources reviewed this pass cited more than 13,000 abandoned structures within Gary city limits, a direct legacy of the real, substantial population decline since the city's mid-20th-century peak.

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Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.