Small Farms, Gary, IN
Small Farms — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Small Farms, Gary, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Small Farms Neighborhood Overview
Small Farms is a residential neighborhood located in the southeastern corner of Gary, Indiana, within the 46404 ZIP code. Characterized by its spacious lots and a mix of housing styles, it offers a more suburban feel compared to other parts of the city. The area provides residents with a quiet, community-oriented atmosphere.
Lifestyle & Amenities
The neighborhood's name hints at its historical roots and the larger property sizes found throughout the area. Residents enjoy proximity to local parks and green spaces for recreation. For shopping and dining, residents typically access larger retail corridors and amenities in nearby Merrillville or other adjacent communities.
Real Estate Market
The Small Farms real estate market is defined by its accessibility, with a median home value of $86,500. The median monthly rent is $969, presenting options for both renters and buyers. Homeownership is a common goal, with a homeownership rate of 50% in the area.
Schools & Education
Schools serving the Small Farms neighborhood are part of the Gary Community School Corporation. Families in the area have access to the district's range of public educational institutions. For specific school assignments and performance data, prospective residents should consult the district directly.
Transportation & Connectivity
Small Farms is conveniently located near major thoroughfares, including Interstate 65 and U.S. Route 12/20. This provides straightforward car access to downtown Gary, nearby Merrillville, and the broader Chicago metropolitan region. Public transportation options are available through the local bus service.
Why Choose Small Farms
Small Farms appeals to those seeking affordable homeownership on larger lots within the Gary area. The neighborhood's median household income is $39,281, aligning with its accessible cost of living. It represents a practical choice for buyers or renters looking for a quiet, residential setting with good highway connectivity.
Small Farms Market Data
| Metric | Value |
|---|---|
| Median Home Price | $87K |
| Median Gross Rent | $969/mo |
| Median Household Income | $39K |
| Homeownership Rate | 49.6% |
| Renter-Occupied | 50.4% |
| Rental Vacancy Rate | 6.3% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 46404 |
| 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 Small Farms, Gary
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Small Farms, 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