Is Gary, SD 57237 a buyer’s or seller’s market?
Gary is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Gary housing market right now
In the three months ending August 31, 2026, 0% of homes in Gary, SD 57237 sold above their list price, the typical home went under contract in 232 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (753 days then) and the median sale price rose 38% to $724,686. Overall, Gary is more competitive than a year ago, so tougher for buyers.
Within Deuel County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 57237
Nearby markets
Astoria 57213 $183 /sq ftBrandt 57218Buyer’s market $121 /sq ftClear Lake 57226Seller’s market $102 /sq ftEstelline 57234Seller’s market $373 /sq ft Browse all markets →Where Gary is
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Questions about Gary real estate
Is Gary a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Gary, SD 57237 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gary?
The typical home went under contract in 232 days in the latest three months.
Do homes in Gary sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.5% of the list price.
What are property taxes in Gary?
About 0.82% of a home’s value a year in Deuel County, or roughly $3,280 on a $400,000 home.
What is the median home price in Gary?
The median sale price was $724,686 in the three months ending August 31, 2026, about $412 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology