Call or Text (240) SELL-123

MEROM, IN 47861

Real Estate Market Report  ·  Sullivan County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MEROM, IN real estate market (47861) currently shows 2 active listings. Homes are averaging 43 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 43 days on market compared to 85 days last year.

The median listing price has fallen 20.5% year-over-year, from $99,900 to $79,450.

Whether you are buying or selling in MEROM, 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 MEROM, IN 47861 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 573  ·  Density: 5.0/mi²  ·  Median household income: $81,071

Typical home value: $179,244  ·  Homeownership: 94.0%

Market Overview

Active Listings
2
vs 2 last year
Pending
0
0% pending ratio
Median Price
$79,450
⇩ 20.5% vs $99,900 last year
Average Price
$79,450
⇩ 20.5% vs $99,900 last year
Days on Market
43
⇩ 49.4% vs 85 days last year

Price Per Square Foot

Median $/sqft
$65
⇩ 25.3% vs $87/sqft last year
Median Home Size
1,095 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 43 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $79,450 (-20.5% YoY)
  • Average: $79,450 (-20.5% 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 23.1 miles — 154 listings ($33,561,790 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47861Merom, IN 478610.0 mi3$95,499$30,000$31,833
62433Hutsonville, IL 624338.1 mi4$723,900$144,950$180,975
62454Robinson, IL 6245411.3 mi29$6,991,175$225,000$241,075
62477West Union, IL 6247712.7 mi2$167,000$83,500$83,500
47850Farmersburg, IN 4785014.2 mi8$1,575,888$186,450$196,986
62413Annapolis, IL 6241315.6 mi2$1,250,000$625,000$625,000
47848Dugger, IN 4784816.5 mi8$1,824,400$199,000$228,050
62449Oblong, IL 6244919.0 mi8$1,445,200$189,950$180,650
47441Linton, IN 4744121.1 mi40$9,867,640$194,900$246,691
47438Jasonville, IN 4743821.6 mi19$4,688,497$148,400$246,763
47528Edwardsport, IN 4752822.2 mi3$579,699$179,900$193,233
62439Lawrenceville, IL 6243922.3 mi26$3,993,392$154,700$153,592
62442Martinsville, IL 6244223.1 mi2$359,500$179,750$179,750

Frequently Asked Questions

How many homes are for sale in MEROM, IN 47861?

As of February 2026, there are 2 active listings in MEROM, IN (zip code 47861), compared to 2 the prior year.

What is the median home price in MEROM, IN 47861?

The median listing price in MEROM, IN 47861 is $79,450 as of February 2026, a 20.5% decrease from $99,900 the prior year.

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

Homes in MEROM, IN 47861 spend an average of 43 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in MEROM, IN 47861?

Based on current inventory and days-on-market data as of February 2026, MEROM, IN 47861 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 43 days on market compared to 85 days last year.

How much can I save on real estate commission in MEROM, IN?

With SELL123.com's maximum 3% commission, sellers in MEROM, IN 47861 save an estimated $1,589 compared to a typical 5% commission on the median listing price of $79,450. 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.