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Barclay Village Bel Oaks (Bel-Oaks) Bon Aire (Bon-Aire) Chapel Manor Crescent Lake Englehart (Engleheart) Forest Hills (Forest Hill) Georgia Heights (Georgia Hts.) Independence Hill Lakewood Estates (Lakewood Estate) Lincoln Garden (Lincoln Gardens) Lottaville Meadowdale Old Merrillville (Merrillville Historic Distric) Prairie Creek Savannah Ridge Sedona Southbrook Southmoor (Southmoor Park) Turkey Creek (Turkey Creek)

MERRILLVILLE, IN 46410

Real Estate Market Report  ·  Lake County
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 46410

Barclay Village · Bel Oaks (Bel-Oaks) · Bon Aire (Bon-Aire) · Chapel Manor · Crescent Lake · Englehart (Engleheart) · Forest Hills (Forest Hill) · Georgia Heights (Georgia Hts.) · Independence Hill · Lakewood Estates (Lakewood Estate) · Lincoln Garden (Lincoln Gardens) · Lottaville · Meadowdale · Old Merrillville (Merrillville Historic Distric) · Prairie Creek · Savannah Ridge · Sedona · Southbrook · Southmoor (Southmoor Park) · Turkey Creek (Turkey Creek)

Market Analysis

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

The MERRILLVILLE, IN real estate market (46410) currently shows 138 active listings, with 57 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 56 days on market compared to 41 days last year.

The median listing price has fallen 0.1% year-over-year, from $274,950 to $274,605.

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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Market Context

Market Context

Population: 39,121  ·  Density: 502.6/mi²  ·  Median household income: $60,432

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

Market Overview

Active Listings
138
⇩ 8.6% vs 151 last year
Pending
57
41% pending ratio
Median Price
$274,605
⇩ 0.1% vs $274,950 last year
Average Price
$300,254
⇩ 1.6% vs $305,143 last year
Days on Market
56
⇧ 36.6% vs 41 days last year

Price Per Square Foot

Median $/sqft
$165
⇧ 1.2% vs $163/sqft last year
Median Home Size
1,778 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 138 this year vs 151 last year
  • Days on market: 56 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $274,605 (-0.1% YoY)
  • Average: $300,254 (-1.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.7 miles — 931 listings ($281,533,059 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46410Merrillville, IN 464100.0 mi140$42,175,140$280,884$301,251
46408Gary, IN 464084.8 mi53$7,323,540$157,700$138,180
46319Griffith, IN 463195.4 mi40$11,073,520$268,650$276,838
46375Schererville, IN 463756.2 mi82$30,616,176$332,500$373,368
46405Lake Station, IN 464057.4 mi37$7,229,319$197,450$195,387
46404Gary, IN 464047.5 mi56$8,666,616$172,975$154,761
46393Wheeler, IN 463938.8 mi1$204,950$204,950$204,950
46311Dyer, IN 463119.2 mi63$31,306,149$352,450$496,923
46403Gary, IN 464039.5 mi51$13,064,007$240,200$256,157
46321Munster, IN 4632110.0 mi87$42,111,393$395,974$484,039
46368Portage, IN 4636810.7 mi140$50,429,400$331,704$360,210
46324Hammond, IN 4632411.2 mi43$8,808,249$199,450$204,843
60438Lansing, IL 6043812.7 mi138$28,524,600$206,875$206,700

Frequently Asked Questions

How many homes are for sale in MERRILLVILLE, IN 46410?

As of June 2026, there are 138 active listings in MERRILLVILLE, IN (zip code 46410), compared to 151 the prior year.

What is the median home price in MERRILLVILLE, IN 46410?

The median listing price in MERRILLVILLE, IN 46410 is $274,605 as of June 2026, a 0.1% decrease from $274,950 the prior year.

How long do homes stay on the market in MERRILLVILLE, IN?

Homes in MERRILLVILLE, IN 46410 spend an average of 56 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in MERRILLVILLE, IN 46410?

Based on current inventory and days-on-market data as of June 2026, MERRILLVILLE, IN 46410 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 56 days on market compared to 41 days last year.

How much can I save on real estate commission in MERRILLVILLE, IN?

With SELL123.com's maximum 3% commission, sellers in MERRILLVILLE, IN 46410 save an estimated $5,492 compared to a typical 5% commission on the median listing price of $274,605. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.