Merrillville, IN Real Estate

According to census data in the year 2000 there were 12,391 housing units in Merrillville. This represents a 20% growth from 10,322 in 1990.

Of those housing units, 11,637 were located in either urbanized areas or urban clusters, and 754 were located in what is classified as a rural area.

Homeownership rate in Merrillville is about 70.8%. Merrillville's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Merrillville were built after 1970.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom10.30%
Two Bedrooms27%
Three Bedrooms47.30%
Four Bedrooms11.60%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1967
Median Value of occupied units$101,300
Median Price asked for vacant units$90,800

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1980
Median Monthly Rent asked for vacant units$757

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage9.10%
Home Equity Loan7%
Simple Mortgage56.50%
Debt Free26.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%