Housing Prices in Merrillville, IN
How much do homes in Merrillville, IN cost?
Median List Price
$414,900
$177/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Summary: The median home list price in Merrillville was $414,900 in May 2024, up 52.5% from the previous month, and the median price per square foot was $177.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $268.5K | $268.5K | 0.0% |
3 Bedrooms | $235K | $326.4K | +38.9% |
4 Bedrooms | $429.9K | $429.9K | 0.0% |
5+ Bedrooms | $442.3K | $442.3K | 0.0% |
Summary: Merrillville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 38.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
Merrillville | $272K | $414.9K | +52.5% |
Hobart Township | $249.9K | $342.4K | +37.0% |
Ross Township | $295.9K | $382K | +29.1% |
Crown Point | $427.4K | $469.9K | +9.9% |
Hobart | $419.9K | $419.9K | 0.0% |
Housing Supply in Merrillville, IN
How many homes are available in Merrillville, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Summary: The Merrillville real estate market had 15 homes for sale in May 2024, a 11.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Merrillville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Merrillville, IN
How long does it take to sell a home in Merrillville, IN?
Average Listing Age
Apr 2024 | May 2024 | CHANGE |
---|---|---|
140 Days | 172 Days | +22.7% |
Summary: Homes in Merrillville had an average listing age of 172 days in May 2024, up by 22.7% compared to the previous month.