Merrillville, IN housing market
The typical Merrillville home is worth about $245,000, up 1.1% in a year, 6% below the Indiana typical home. Homes typically sell in 20 days, close to asking.
Home values, sales, trends and how Merrillville compares with the towns next door — updated as new data is published.
Merrillville at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Merrillville | Indiana |
|---|---|---|
| 2017 | $129,000 | $135,000 |
| 2018 | $140,000 | $144,000 |
| 2019 | $151,000 | $154,000 |
| 2020 | $164,000 | $164,000 |
| 2021 | $181,000 | $183,000 |
| 2022 | $209,000 | $209,000 |
| 2023 | $226,000 | $227,000 |
| 2024 | $234,000 | $237,000 |
| 2025 | $243,000 | $249,000 |
| 2026 | $242,000 | $256,000 |
| August 2026 | $245,000 | $260,000 |
Merrillville and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Merrillville | $245K | +1.1% | 20 | $67,587 |
| Crown Point | $362K | +1.7% | 27 | $101,686 |
| Hobart | — | — | 37 | $75,160 |
| Winfield | — | — | 41 | $135,870 |
| Hobart | $246K | +1.2% | — | $70,273 |
| St. John | $461K | +2.2% | — | $103,035 |
3.6 years of income
The typical Merrillville home costs about 3.6 years of the town's median household income, about the same as across Indiana (3.6).
How Merrillville ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Merrillville
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.