Median home value in zip code 46409 (Gary, IN) is $77,728, down 3.6% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.

Home Value$77,728

YoY Change

-3.6%

Prices falling — better for buyers.

Affordability

Enter your income for 46409 (Gary).

Income (annual)

Down Payment

$15,546 on $77,728

Example: $75,000 household income. Change it above to see your own.

Affordable10.6% of income

Under the 28% guideline.

PITI$662

P/I10.6%

Afford$205K

Room+$128K

P&I $393Tax $136Ins $133

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

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

Metro Analysis

46409 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

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.