Ivanhoe, Gary, IN
Ivanhoe — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Ivanhoe, Gary, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Ivanhoe Neighborhood Overview
Ivanhoe is a residential neighborhood located in the northeastern section of Gary, Indiana. It offers a quiet, community-focused atmosphere distinct from the city's more industrial areas. The neighborhood is characterized by its modest single-family homes and proximity to natural features like the Grand Calumet River.
Lifestyle & Amenities
Residents enjoy a primarily residential lifestyle with local parks providing green space for recreation. While major retail and dining options are found in nearby commercial corridors, the neighborhood itself is peaceful. Its location offers reasonable access to the broader amenities of the Chicago metropolitan area.
Real Estate Market
The Ivanhoe real estate market is defined by its affordability, with a U.S. Census median home value of $66,300. This presents a significant value opportunity for first-time homebuyers or investors. The housing stock largely consists of older, well-built homes on spacious lots.
Schools & Education
Families in Ivanhoe are served by the Gary Community School Corporation. The district manages several public schools in the city, though specific school assignments and performance data should be verified directly with the district. Parents may also explore nearby private or charter school options.
Transportation & Connectivity
Ivanhoe is conveniently accessed via major thoroughfares like Interstate 90 and U.S. Route 12. This provides straightforward connections to downtown Gary, nearby cities like Merrillville, and Chicago. Public transportation options are available through the Gary Public Transportation Corporation bus system.
Why Choose Ivanhoe
Ivanhoe appeals to those seeking an affordable, stable residential community within the Gary area. Its strong sense of neighborhood and access to major highways are key advantages. For budget-conscious buyers, it represents a practical entry point to homeownership in Northwest Indiana.
Ivanhoe Market Data
| Metric | Value |
|---|---|
| Median Home Price | $66K |
| Median Gross Rent | $959/mo |
| Median Household Income | $35K |
| Homeownership Rate | 49.0% |
| Renter-Occupied | 51.0% |
| Rental Vacancy Rate | 8.2% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 46406 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Ivanhoe, Gary
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Ivanhoe, Gary, IN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12