Recently Sold Homes in 46402

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46402 Real Estate Insights

ZIP code 46402 is located in Gary, Indiana.

Those purchasing homes in ZIP code 46402 are likely to find that their neighbors are not the actual owners of the homes they are living in, making high tenant turnover very likely. Anyone who prefers living in a predominantly female community will find that this area is a suitable location to set up home. Residents of this locale tend to have incomes that are below average.

Last year, average home listing prices in ZIP code 46402 decreased 10.9 percent, perhaps reflecting the waning popularity of the local area. The average listing price this year is $27,544 from a previous $30,918. Inventory rose by a whopping 80 percent year-over-year. The number of listings on the market increased from 10 to 18 this year, greatly expanding the range of options for buyers searching for homes here.