Home Values

46402 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in 46402 is $14,900. The median rent price in 46402 is $750, which is higher than the Gary median of $700.

Foreclosures will be a factor impacting home values in the next several years. In 46402 8.3 homes are foreclosed (per 10,000). This is greater than the Gary value of 0.3 and also greater than the national value of 4.0

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 46402 homeowners underwater on their mortgage is 18.4%, which is lower than Gary at 28.1%.

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Relative ZHVI
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46402 Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $14,900 Median listing price
  • No data Median sale price
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46402 Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 18.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2013)
  • No data Delinquent on mortgage (6.4% US Avg)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $530,000
New York Metro $383,200
Washington Metro $363,400
Name Median ZHVI
Miami-Fort Lauderdale Metro $212,300
Philadelphia Metro $203,700
Chicago Metro $187,600
Name Median ZHVI
Atlanta Metro $154,700
Houston Metro $154,200
Dallas-Fort Worth Metro $153,600

Listings & Sales

Data through Jan 31, 2015
  • $13 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
14.3%
Sold below listing
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46402 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $761 46402
    $778 Gary
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $750 Rent list price
  • $0.78 Rent list price / sq ft
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