Merom, IN—47861
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Merom, IN
As of Oct '25, the median home price in Merom, IN is $136,000, with a year-over-year change of 7.0%. This indicates that home prices in Merom, IN are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $136,000 | 7.0% |
| Single Family | $136,000 | 7.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $152,000 | 7.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Merom, IN
Merom, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Merom, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Merom, IN is 62. This is a increase of 34.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $50,000 | -70.0% |
Listing Count | 4 | 22.0% |
| Listings as % of Homes | 0.4% | 22.0% |
Days on Market | 62 | 34.0% |
Demographics — Merom, IN
As of the latest ACS Survey released in 2023, Merom, IN has a population of 640, which has decreased by -25.0% over the past 5 years. Merom, IN is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 640 | -25.0% |
% Under 18 | 20.0% | -39.9% |
% Seniors | 13.3% | 20.9% |
% WFH | 0.0% | N/A |
% w/ College Degree | 15.7% | -25.9% |
As of the latest ACS Survey released in 2023, Merom, IN is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Merom, IN is hispanic, making up 0.3% of the population. Foreign-born residents account for 1.4% of the population in Merom, IN, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.2% | -2.9% |
% Black | 0.0% | N/A |
% Hispanic | 0.3% | -88.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.4% | ∞% |
Mortgage and Risk — Merom, IN
Merom, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Merom, IN
Merom, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,500 |
Affordability — Merom, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $136,000 |
| Median Household Income | $55,800 |