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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
Seller's Market
March 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 March 2026. Source: Realtor.com.

The MERRILLVILLE, IN real estate market (46410) currently shows 140 active listings, with 54 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 57 days on market compared to 77 days last year.

The median listing price has risen 1.3% year-over-year, from $278,938 to $282,587.

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
140
⇩ 9.7% vs 155 last year
Pending
54
39% pending ratio
Median Price
$282,587
⇧ 1.3% vs $278,938 last year
Average Price
$303,775
⇩ 1.4% vs $307,961 last year
Days on Market
57
⇩ 26% vs 77 days last year

Price Per Square Foot

Median $/sqft
$164
⇧ 0.6% vs $163/sqft last year
Median Home Size
1,906 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 140 this year vs 155 last year
  • Days on market: 57 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $282,587 (+1.3% YoY)
  • Average: $303,775 (-1.4% 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 March 2026, there are 140 active listings in MERRILLVILLE, IN (zip code 46410), compared to 155 the prior year.

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

The median listing price in MERRILLVILLE, IN 46410 is $282,587 as of March 2026, a 1.3% increase from $278,938 the prior year.

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

Homes in MERRILLVILLE, IN 46410 spend an average of 57 days on the market before going under contract, compared to 77 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 March 2026, MERRILLVILLE, IN 46410 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 77 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 $5,652 compared to a typical 5% commission on the median listing price of $282,587. 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.