46404, Gary, IN

Gary, Indiana is a city located in the southeastern part of the United States. The city has a population of over 100,000 and is home to several major corporations such as General Motors and Eli Lilly and Company. Gary was founded in 1851 and has been through many changes throughout its history. In recent years, Gary has seen an increase in home prices and home equity.

According to Zillow, the median home value in Gary was $101,200 as of February 2018. This represents an increase of over 20% from January 2018 when the median home value was $87,100. The average price per square foot for homes in Gary was $102 which also represented an increase from January 2018 when the average price per square foot was $96. These increases can likely be attributed to several factors including an influx of new residents into the city due to job opportunities and increased demand for housing due to rising wages across the country.

While there is no one answer that can explain why prices have increased in Gary over the past year or so, it is clear that there are many factors at play including economic growth nationwide and local market conditions specific to Gary. If you are looking to buy or sell a home in this area, it is important to consult with a real estate agent who can provide you with accurate information about current market conditions so that you can make informed decisions about your purchase or sale.