Current Price

$81,561

1 Month Forecast

â–² $87,090

1-Year Forecast *

â–² $93,339

5-Year Forecast *

â–² $106,026

"Is it a good time to buy homes in Gary?" "Does investing in real estate in Gary (Indiana State, Lake County) worth it?" According to our live Forecast System, buying a house in Gary is a good short-term (1-year) investment*. The Gary average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Gary" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Gary in Indiana State, Lake County. If you are looking for homes for sale with good flipping profit, Gary can be a profitable property investment option. The median price of an average house in Gary was 81,561 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Gary" area is 106,026 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +30.00% meaning that investing 100000 USD today may yield a profit of 29,996 USD by 2031.

Current Median Listing Price: 81,561 USD Median Listing Price Per Square Foot: 45 USD

Gary Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Gary (Indiana State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Gary Price Target

Gary median home price target in 12 months: $93,339* (upside of 14.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $90,756 $86,084 $86,084 $90,756
2024 $74,458 $81,561 $74,458 $81,561
2023 $75,572 $74,202 $74,027 $75,845
2022 $64,189 $77,075 $64,189 $77,878
2021 $54,836 $62,807 $54,836 $62,807
2020 $49,013 $53,184 $48,503 $53,184
2019 $46,268 $48,414 $46,268 $51,179
2018 $34,616 $45,728 $34,616 $45,728
2017 $31,435 $33,862 $31,370 $33,862
2016 $30,617 $31,321 $30,285 $31,321
2015 $26,770 $30,464 $26,770 $30,464
2014 $25,031 $26,217 $24,690 $26,217
2013 $29,960 $25,356 $25,356 $30,152
2012 $29,589 $29,698 $28,011 $29,698

Questions & Answers about the Gary Housing Market Forecast

How much does an average home cost in Gary today?

The value of an average home (the listing price) in Gary is $81,561 USD.

What is the average price per square foot in Gary?

According to Walletinvestor the median price per square foot in Gary is 45 USD.

Will the median listing price of homes in Gary grow / rise / go up?

Yes. The Gary home prices may rise from 81,561 USD to 93,339 USD in one year.

Is it profitable to invest in Gary homes?

Yes. The long-term profit potential is +14.44% in one year.

Will Gary house prices fall / drop?

No. See above.

What is the predicted price of a Gary home in 2030?

The predicted home sales price of a Gary home in 2030 in Gary is 106,127 USD.

What is the predicted price of a Gary home in 2035?

The predicted home sales price of a Gary home in 2035 in Gary is 123,902 USD.

Will real estate prices decrease in Gary?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Gary is the 716. largest city in the United States, located in Indiana State.

During the last 12 months the real estate prices in Lake, Gary decreased, looking at the past 12 months.

According to Walletinvestor's Gary real estate market research, home values will increase in the next 12 months.

Median home values decreased by 9.580% to 81,561 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 13.231% in 2021
  • 13.541% in 2022
  • 13.931% in 2023
  • 12.451% in 2024
  • 14.531% in 2025
  • 14.431% in 2026

Based on our Gary real estate market research and report the predicted sales prices will increase by 285.303% in the next 10 years.

Over the last 12 months, the value of homes in Gary fluctuated: decreasing 5 times.

Gary (Indiana) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Gary Housing Market Forecast with Real Estate Prices for 2025
August 2025 87090 80646 93535
September 2025 88108 83350 92866
October 2025 89138 81293 96982
November 2025 90179 81702 98656
December 2025 90672 83509 97835
Gary Housing Market Forecast with Real Estate Prices for 2026
January 2026 90163 84122 96204
February 2026 89409 84402 94415
March 2026 89397 81262 97532
April 2026 90142 82750 97533
May 2026 91195 84538 97852
June 2026 92261 84511 100011
July 2026 93339 84005 102673
August 2026 94430 86781 102079
September 2026 95533 86458 104609
October 2026 96650 87951 105348
November 2026 97779 88001 107557
December 2026 98922 91602 106242
Gary Housing Market Forecast with Real Estate Prices for 2027
January 2027 99830 94440 105221
February 2027 99968 92570 107366
March 2027 100116 91106 109127
April 2027 99870 94876 104863
May 2027 99083 90959 107208
June 2027 98254 88429 108080
July 2027 97432 88274 106591
August 2027 97073 89696 104451
September 2027 98165 88349 107982
October 2027 98976 90167 107785
November 2027 99004 93757 104251
December 2027 98237 92343 104132
Gary Housing Market Forecast with Real Estate Prices for 2028
January 2028 97416 90791 104040
February 2028 97006 91380 102632
March 2028 96753 87175 106332
April 2028 96867 87858 105875
May 2028 96983 89515 104450
June 2028 97317 91867 102766
July 2028 97574 91036 104111
August 2028 98489 92186 104793
September 2028 99640 92865 106416
October 2028 100805 93345 108264
November 2028 101983 95660 108306
December 2028 103010 94975 111045
Gary Housing Market Forecast with Real Estate Prices for 2029
January 2029 103618 95018 112219
February 2029 103863 93477 114249
March 2029 104220 96403 112036
April 2029 104743 98982 110504
May 2029 105545 98579 112511
June 2029 106779 96208 117350
July 2029 106127 96681 115572
August 2029 105239 95136 115342
September 2029 104358 94757 113959
October 2029 103485 96345 110626
November 2029 102619 94615 110624
December 2029 102084 94223 109944
Gary Housing Market Forecast with Real Estate Prices for 2030
January 2030 103277 94395 112158
February 2030 104483 94035 114932
March 2030 105704 99891 111518
April 2030 106940 101486 112394
May 2030 107524 100213 114836
June 2030 106920 99222 114619
July 2030 106026 99452 112599
August 2030 106012 99757 112267
September 2030 106895 101123 112667
October 2030 108144 99493 116796
November 2030 109408 100765 118051
December 2030 110687 99839 121534
Gary Housing Market Forecast with Real Estate Prices for 2031
January 2031 111980 103358 120603
February 2031 113289 105132 121446
March 2031 114613 106475 122750
April 2031 115952 105053 126851
May 2031 117307 105811 128803
June 2031 118385 108085 128684
July 2031 118548 111909 125186
August 2031 118723 106970 130477
September 2031 118431 107772 129090
October 2031 117499 107746 127251
November 2031 116516 106262 126769
December 2031 115541 106413 124669
Gary Housing Market Forecast with Real Estate Prices for 2032
January 2032 115115 107632 122597
February 2032 116410 106515 126305
March 2032 117372 109508 125236
April 2032 117405 108599 126210
May 2032 116496 106826 126165
June 2032 115521 108243 122799
July 2032 115035 105947 124123

> Page 2: detailed data / price table <

Best Gary property forecast, Gary house price prediction, Gary housing forecast, Gary property investment tips, Gary prediction, Gary real estate analyst report, Gary property price forecast, Gary housing index forecast tomorrow, Gary real estate technical analysis, Gary property future price, Gary housing projections, Gary property market prognosis, Gary expected house price.
How will Gary house price increase? Will Gary real estate prices go up? Will Gary real estate prices fall? Will Gary house prices drop? Will Gary house prices rise? Is Gary housing price going up? Is it time to buy a Gary home? When will Gary house prices go down? When will Gary real estate prices drop?
* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.