Merrillville Market Report
$249,552
AVERAGE PRICE OF 226 HOMES$339,933
AVERAGE PRICE OF 3 DISTRESSED HOMES$360,177
AVERAGE PRICE OF 55 NEWLY BUILT HOMES$236,466
AVERAGE PRICE OF 6 HOMES WITH A POOL$291,867
AVERAGE PRICE OF 7 REDUCED PRICE HOMESAverage Home
| Average Price | $249,552 |
| Avg Bedrooms | 2.32 beds |
| Avg Bathrooms | 1.55 baths |
Average Price by Bedrooms
| 2 bedrooms | $232,497 |
| 3 bedrooms | $260,747 |
| 4 bedrooms | $345,751 |
| 5 bedrooms | $364,262 |
Merrillville Home Price Trends
| 2/2025 | 1/2025 | 12/2024 | 11/2024 | 10/2024 | |
|---|---|---|---|---|---|
| Total Listings | 216 | 176 | 184 | 189 | 179 |
| Average Price | $249,262 | $244,327 | $259,547 | $267,623 | $268,685 |
| Avg Price Change | +2.02% | -6.23% | -3.11% | -0.40% | +0.65% |
| Median Price | $254,947 | $250,173 | $252,514 | $256,239 | $248,505 |
| Med Price Change | +1.91% | -0.94% | -1.48% | +3.11% | -0.78% |
| Avg Bedrooms | 2.27 beds | 2.16 beds | 2.19 beds | 2.21 beds | 2.09 beds |
| Avg Bathrooms | 1.56 baths | 1.49 baths | 1.51 baths | 1.51 baths | 1.43 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Merrillville High School | 45 | $250,732 | 68 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 226 | $249,552 | 149 days |
| Distressed Homes | 3 | $339,933 | 133 days |
| Newly Built Homes | 55 | $360,177 | 133 days |
| Homes with a Pool | 6 | $236,466 | 59 days |
| Reduced Price Homes | 7 | $291,867 | 37 days |
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