Property prices for sale in Merrillville (Indiana)

The prices in real estate in Merrillville, in the Indiana region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$247,023.33
Average price last 6 months
$135.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Merrillville has increased during the last 6 months. In December, the average price per sq.feet was $128. In January this price pretty much remained the same at a value of $128 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $128 to $137.5 per sq.feet. The price per sq.feet has increased 106 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $132.75 to $140.5 during April, and May.

Average price

Based upon to the price in Merrillville (cities), these have remained the same in the last 6 months. The average price for December is $241,852. During January the price had a slight fall till $217,791. During the following two months (February, March) the price has had an average incrementation from $229,821.5 to $250,901.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $257,095 they are 35 % more affordable than the average price for Merrillville. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $183,021.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $77 / sq.feet, with an average $139 / sq.feet price in Merrillville. The properties with the lowest average prices have 3 bedrooms. They are 34 % cheaper than the average followed by properties with 4 bedrooms with a price at $83 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $257,095 it is 48 % cheaper than the average price in Merrillville. "Villa" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $190,017 it is 13 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $57 / sq.feet followed by "Condo" priced at $62 / sq.feet. "House" is the most costly type of property with a $178 / sq.feet cost followed by "Apartment" with an average price of $99 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Merrillville
Number of properties used in region Indiana
$257,095
$139
1,136
141,384
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
4 Bed, 2 Bath New Home Plan In Merrillville, In
 41
4 Bed, 2 Bath New Home Plan In Merrillville, In
$352,500
Merrillville, Indiana - For Sale - House - 2,016 sq.feet - 4 bedrooms - 3 bathrooms
This to-be-built home is the phillips plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan home is...
3 Bed, 2 Bath New Home Plan In Merrillville, In
 13
3 Bed, 2 Bath New Home Plan In Merrillville, In
$320,900
Merrillville, Indiana - For Sale - House - 1,440 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the windsor iii plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan home...
3 Bed, 2 Bath New Home Plan In Merrillville, In
 14
3 Bed, 2 Bath New Home Plan In Merrillville, In
$309,900
Merrillville, Indiana - For Sale - House - 1,440 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the windsor ii plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan home...
4 Bed, 2 Bath New Home Plan In Merrillville, In
 12
4 Bed, 2 Bath New Home Plan In Merrillville, In
$358,500
Merrillville, Indiana - For Sale - House - 2,404 sq.feet - 4 bedrooms - 3 bathrooms
This to-be-built home is the montclaire plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan home...
3 Bed, 2 Bath New Home Plan In Merrillville, In
 35
3 Bed, 2 Bath New Home Plan In Merrillville, In
$297,500
Merrillville, Indiana - For Sale - House - 1,450 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the windsor iii s plan by accent homes inc and is located in the community of the lake and porter counties. This single family plan...