Waverly Park, Gary, IN
Waverly Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Waverly Park, Gary, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Waverly Park Neighborhood Overview
Waverly Park is a residential neighborhood located in the northeastern section of Gary, Indiana. Characterized by its quiet streets and established community feel, it offers residents a suburban atmosphere within the city limits. The area provides a balance of affordability and accessibility for its residents.
Lifestyle & Amenities
Residents enjoy a primarily residential setting with local parks and green spaces for recreation. The neighborhood's location provides reasonable access to essential retail and services within Gary and nearby communities. Daily conveniences are available without the density of a major urban center.
Real Estate Market
The Waverly Park housing market is defined by its affordability, with a median home value of $86,500. The median monthly rent is $969, and approximately half of the residents are homeowners, reflecting a mix of ownership and rental opportunities. This market presents a low barrier to entry for first-time homebuyers and investors.
Schools & Education
Families in Waverly Park are served by the Gary Community School Corporation. The district manages several public schools in the area, providing educational options for children from elementary through high school. Parents are encouraged to research current school ratings and programs directly with the district.
Transportation & Connectivity
The neighborhood is conveniently accessed via major thoroughfares like Interstate 90 and U.S. Route 12. Public transportation options are available through the local bus system, connecting residents to downtown Gary and broader regional destinations. This connectivity supports commuting to employment centers in Northwest Indiana and Chicago.
Why Choose Waverly Park
Waverly Park appeals to those seeking an affordable, stable community in Gary with a median household income of $39,281. Its high homeownership rate of 50% indicates a vested, residential character. The neighborhood represents a practical choice for budget-conscious buyers and renters looking for a quiet setting with good highway access.
Waverly Park 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 Waverly Park, Gary
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Waverly Park, 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