The Unshakable Investor

Unshakable ZIP Data 46410 | Merrillville, IN Housing Market

Merrillville · Lake County · Chicago-Naperville-Elgin, IL-IN-WI metro · Indiana · Data updated June 19, 2026

The median sale price in ZIP 46410, Merrillville, Indiana is $259,373 at $148 per square foot. 119 single-family homes sold in the latest period, down 5.2 percent from a year earlier. Homes sit a median of 33 days on market with 2.2 months of supply. Sellers are getting 98.9 percent of list price and 21.6 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$247,641
Average price per sq ft$141
Median sale price$259,373
Median sale price per sq ft$148
Median home size1,757 sq ft
Median new listing price$261,961+4.8%
National size rank2,157

Sales activity

MetricValueYear over year
Homes sold119-5.2%
Median days on market33 days
Months of supply2.2 months
New listings137+4.6%
Active listings219-2.8%
Pending sales127-2.5%

Pricing power

MetricValueYear over year
Average sale-to-list ratio98.9%-0.2 pts
Share sold above list21.6%-4.6 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$203,576
3-bedroom
$240,057
4-bedroom
$294,276
5-bedroom
$322,798

These figures describe the single-family market for Merrillville, Indiana ZIP 46410. They are market context, not a substitute for sold comps or a formal appraisal.