Merrillville, IN—46410
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$247,000
0.7% YoY Growth
Household Income
$61,700
8.7% YoY Growth
Days on Market
50
30.0% Shorter YoY
Home Price Forecast
1.5%
Median Rent
$1,950
15.9% YoY Growth
1-Bed Rent
$1,250
35.6% YoY Growth
2-Bed Rent
$1,450
9.2% YoY Growth
3-Bed Rent
$1,940
1.0% YoY Growth
Home Price Trends — Merrillville, IN
As of May '26, the median home price in Merrillville, IN is $247,000, with a year-over-year change of 0.7%. This indicates that home prices in Merrillville, IN are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 0.7% |
| Single Family | $249,000 | 0.8% |
| Condos | $169,000 | 6.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |