Investor purchase activity, drawn from the last 12 months of records.
Data last updated
In Merrillville, investors own about 145 tracked properties across 29 active buyers, with a median investor purchase price near $70,000. 7 were acquired in the last 12 months.
The trend is downward: 7 purchases against 56 the prior year, a decline of about 88%. Deals take longer to place here, and sellers who price for last year's market will sit.
Within Merrillville, ZIP 46410 carries the heaviest investor activity — the obvious place to begin.
There are 29 buyers paying cash in Merrillville today, against a standing position of about 145 properties. Each averaged under 0.2 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.
Investors here buy at a median of $70,000. The average of $107,000 sits well above it, so a tail of higher-priced deals is pulling the mean up — most activity happens below the average, and pricing off the median is the safer read.
The dominant play is buy & hold, at 100.0% of tracked activity. Hold strategies mean patient money: slower decisions, but the rent roll carries more weight than the flip math.
Counts and prices here are drawn from recorded investor purchases in this city and refresh with new records. They are a record of past activity, not a forecast or investment advice.