Call or Text (240) SELL-123
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
February 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 February 2026. Source: Realtor.com.

The MERRILLVILLE, IN real estate market (46410) currently shows 140 active listings, with 48 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 42 days on market compared to 80 days last year.

The median listing price has risen 2.1% year-over-year, from $275,000 to $280,884.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MERRILLVILLE, IN 46410 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
⇩ 11.9% vs 159 last year
Pending
48
34% pending ratio
Median Price
$280,884
⇧ 2.1% vs $275,000 last year
Average Price
$301,251
⇩ 1.2% vs $304,924 last year
Days on Market
42
⇩ 47.5% vs 80 days last year

Price Per Square Foot

Median $/sqft
$163
vs $163/sqft last year
Median Home Size
1,813 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 140 this year vs 159 last year
  • Days on market: 42 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $280,884 (+2.1% YoY)
  • Average: $301,251 (-1.2% 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 13.1 miles — 844 listings ($287,020,902 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46410Merrillville, IN 464100.0 mi129$38,486,892$272,000$298,348
46408Gary, IN 464084.8 mi52$8,174,556$165,000$157,203
46319Griffith, IN 463195.4 mi34$9,141,070$265,900$268,855
46375Schererville, IN 463756.2 mi85$32,242,285$349,900$379,321
46405Lake Station, IN 464057.4 mi38$6,947,008$179,900$182,816
46404Gary, IN 464047.5 mi58$9,217,766$165,000$158,927
46402Gary, IN 464028.9 mi31$3,810,582$127,000$122,922
46406Gary, IN 464069.2 mi26$4,045,730$170,000$155,605
46323Hammond, IN 463239.8 mi43$9,133,673$214,900$212,411
46303Cedar Lake, IN 4630310.6 mi107$51,028,942$425,000$476,906
46385Valparaiso, IN 4638510.9 mi190$104,446,610$448,500$549,719
46320Hammond, IN 4632012.3 mi23$5,353,388$214,950$232,756
46312East Chicago, IN 4631213.1 mi28$4,992,400$184,900$178,300

Frequently Asked Questions

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

As of February 2026, there are 140 active listings in MERRILLVILLE, IN (zip code 46410), compared to 159 the prior year.

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

The median listing price in MERRILLVILLE, IN 46410 is $280,884 as of February 2026, a 2.1% increase from $275,000 the prior year.

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

Homes in MERRILLVILLE, IN 46410 spend an average of 42 days on the market before going under contract, compared to 80 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 February 2026, MERRILLVILLE, IN 46410 is currently a Seller's Market. Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 42 days on market compared to 80 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 $5,618 compared to a typical 5% commission on the median listing price of $280,884. 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.