Merrillville Real Estate Market
The median sale price for homes in Merrillville over the last 12 months is $112,750.
The median mortgage debt is $86,157.
The price per square foot for listings in this area is $71.
The median sale price in January for single family homes is $109,205. The sale prices increased by 8.55% from the previous month.
The price per square foot for sales in this area is $34.
The number of active listings in Merrillville increased by 5.7% from the previous month.
The median number of days active properties have been listed is 87.
The number of sales in January dropped by 75.8% from the previous month.
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
