Median home value in zip code 46406 (Gary, IN) is $78K, down 5.1% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Chicago-Naperville-Elgin, IL-IN-WI metro →

Home Value$78,196

YoY Change

-5.1%

AFFORDABILITY

Enter your income for 46406 (Gary).

Income (annual)

Down Payment

$15,639 on $78,196

Affordable — 10.7% of income

Under the 28% guideline.

PITI$666

P/I10.7%

Afford$205K

Room+$127K

P&I $395Tax $137Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

46406 is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Chicago-Naperville-Elgin, IL-IN-WI analysis

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