University Park, Gary, IN
University Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for University Park, Gary, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
University Park Neighborhood Overview
University Park is a residential neighborhood located in Gary, Indiana, within the 46409 ZIP code. It is a community characterized by its quiet streets and proximity to higher education, offering a distinct living environment within the city.
Lifestyle & Amenities
The neighborhood provides a primarily residential setting with local conveniences for daily needs. Residents enjoy access to nearby parks and community spaces, contributing to a family-friendly atmosphere.
Real Estate Market
The University Park housing market is notably affordable, with a median home value of $69,500. The homeownership rate is 45%, and the median monthly rent is $1,122, presenting both buying and renting opportunities.
Schools & Education
The neighborhood is served by the Gary Community School Corporation. Families in University Park have access to local public schools, with the district serving the broader educational needs of the community.
Transportation & Connectivity
University Park is conveniently accessible via major roadways, including Interstate 80/94 which runs nearby. This provides residents with straightforward connections to downtown Gary, Chicago, and other parts of Northwest Indiana.
Why Choose University Park
University Park appeals to homebuyers and renters seeking an affordable, stable community in Gary. With a median household income of $39,554, it offers a cost-effective lifestyle with good regional connectivity, making it a practical choice for many.
University Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $70K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $40K |
| Homeownership Rate | 45.0% |
| Renter-Occupied | 55.0% |
| Rental Vacancy Rate | 2.5% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 46409 |
| 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 University Park, Gary
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for University Park, Gary, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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