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City / Town Overview

Merrillville, IN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
129
⇧ 5.7% vs 122 last year
Pending
34
26% pending ratio
Median Price
$272,000
⇩ 2.6% vs $279,314 last year
Average Price
$298,348
⇩ 3.2% vs $308,360 last year
Days on Market
50
⇩ 29.8% vs 71 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Merrillville, IN real estate market currently shows 129 active listings, with 34 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 50 days on market compared to 71.2 days last year.

The median listing price has fallen 2.6% year-over-year, from $279,314 to $272,000.

Whether you are buying or selling in Merrillville, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Merrillville: 46410, 46411

Market Context

ZIP coverage: 2  ·  Population: 39,121  ·  Median household income: $60,432

Typical home value: $175,019  ·  Homeownership rate: 62.6%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings