Merom, IN Home Values & Market Trends
Real estate market trends reflect that there have been 4 transactions over the past year in Merom. The median value for residential home transactions that occurred over the previous year is $132,046. The number of current listings in Merom is 5, and the percentage of properties for sale in the city is 5.00%. Merom, IN currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 5 properties for sale.
Merom, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 47861 | $ 132,046 $ 90/sqft |
Housing Market Summary for Merom, IN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $66,700 | $26,750 | -59.90% |
| Median Sold Price | $194.4K | $137.1K | -29.50% |
| Homes For Sale | 4 | 5 | 25.00% |
| Homes Sold | 6 | 3 | -50.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Merom, IN
Browse Homes in Merom, IN
Merom home values range from $49,999 to $217,007. The median estimated value of a home in Merom is $132,046. The median list price of a home is 26,750, and the total count of properties in the city is 10.
- Pre-ForeclosurePre-foreclosure homes account for 10.00% of all residential properties in Merom, IN with 47861 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Merom, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $122,715 in 47861 to the lowest home value of $122,715 in 47861.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Merom, IN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Merom, IN. There is 1 zips within Merom, IN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Merom, IN. Auction homes and other auction properties account for 0% of all properties in Merom, IN. There is 1 zips within Merom, IN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Merom, IN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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