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IN area data

Merrillville, IN

Merrillville, IN.

Population: 39,243 (Census ACS)

Home values & appreciation

Median home value
$246,516
1-year appreciation
+0.8%
3-year appreciation
+5.4%
5-year appreciation
+21.9%
10-year appreciation
+95.1%
All-time peak (2026-04)
$247,110
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$274,553
Median list price
$271,210
Median days on market
37.5 days
Sale-to-list ratio
98.8%
Active listings
19
1-year forecast
+1.5%
Days to pending
30 days
New listings (monthly)
42

Rents

Typical rent
$1,533/mo
1-year rent change
+2.8%
1BR fair-market rent
$1,310/mo
3BR fair-market rent
$1,950/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
6
Middle schools
2
High schools
1
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, tornado, inlandFlooding, lightning, strongWind
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
44.0 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
55
Days with Good air quality
125
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
9.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Indiana Dunes National Park (16 mi)
Nearest airport
Griffith-Merrillville Airport (4 mi)
Nearest major airport
Gary/Chicago International Airport (GYY) (10 mi)
Hospitals nearby (~15 mi)
1
EV charging stations (within 10 mi)
36
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
+154 tax filers

Housing stock

Median year housing built
1,979
Median annual property tax
$1,798
Mean commute to work
30 min
Households with broadband internet
69.2%

Employment & development

Total county employment
167,551
Average weekly wage
$1,153
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,605

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents