Housing Prices in Merrillville, IN
How much do homes in Merrillville, IN cost?
Median List Price
$277,500
$175/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Summary: The median home list price in Merrillville was $277,500 in April 2024, down 33.1% from the previous month, and the median price per square foot was $175.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235.9K | $272K | +15.3% |
3 Bedrooms | $225K | $235K | +4.4% |
4 Bedrooms | $424.9K | $429.9K | +1.2% |
5+ Bedrooms | $439.9K | $442.3K | 0.5% |
Summary: Merrillville housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 0.5%.
Median List Price Compared To Nearby Cities
Crown Point | $419.9K | $434.9K | +3.6% |
Hobart Township | $246.9K | $249.9K | +1.2% |
Hobart | $415.9K | $419.9K | +1.0% |
Ross Township | $362.4K | $283K | -21.9% |
Merrillville | $414.9K | $277.5K | -33.1% |
Housing Supply in Merrillville, IN
How many homes are available in Merrillville, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 16 | +77.8% |
Summary: The Merrillville real estate market had 16 homes for sale in April 2024, a 77.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 5 | +400.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Merrillville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 400%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Days on Market for Merrillville, IN
How long does it take to sell a home in Merrillville, IN?
Average Listing Age
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
180 Days | 117 Days | -34.8% |
Summary: Homes in Merrillville had an average listing age of 117 days in Apr 2024, down by 34.8% compared to the previous month.