: 6.6% (tied for 4th highest) Median price per square foot
: $85 Unemployment
: 8.8% (Michigan City-LaPorte Ind.)
Of all metropolitan areas on this list, Gary’s was hit the least by the housing downturn. Home prices fell just 10.2% between the market’s peak and its trough. Although prices did not drop massively during the downturn, the asking price in Gary fell 3.5% from the previous year, worse than all but two metro areas. The average listing price in Gary is just $59,939.
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