Merrillville, IN Home Values & Market Trends
Real estate market trends reflect that there have been 605 transactions over the past year in Merrillville. The median value for residential home transactions that occurred over the previous year is $247,245. The number of current listings in Merrillville is 588, and the percentage of properties for sale in the city is 588.00%. Merrillville, IN currently has 89 properties in foreclosure, 3 bank owned properties, 9 properties headed for auction, and 588 properties for sale.
Merrillville, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 46410 | $ 246,823 $ 151/sqft |
Housing Market Summary for Merrillville, IN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $256.7K | $260K | 1.29% |
| Median Sold Price | $254.9K | $236.7K | -7.14% |
| Homes For Sale | 364 | 577 | 58.52% |
| Homes Sold | 220 | 211 | -4.09% |
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 Merrillville, IN
Browse Homes in Merrillville, IN
Merrillville home values range from $68,202 to $477,321. The median estimated value of a home in Merrillville is $247,245. The median list price of a home is 259,950, and the total count of properties in the city is 969.
- Pre-ForeclosurePre-foreclosure homes account for 7.95% of all residential properties in Merrillville, IN with 46410 containing 77 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Merrillville, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $450,450 in 46410 to the lowest home value of $122,606 in 46410.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Merrillville, IN ranges from the highest value of $270,000 in 46410 to the lowest value of $171,600 in 46410. Bank owned homes and properties account for 0.31% of properties in Merrillville, IN. There is 1 zips within Merrillville, IN; 46410 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46410 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Merrillville, IN. Auction homes and other auction properties account for 0.93% of all properties in Merrillville, IN. There is 1 zips within Merrillville, IN; of that zips, the median estimated home value for homes going to auction ranges from $327,731 in 46410 to the lowest value of $177,898 in 46410.
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Guide for Merrillville, 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.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
