Housing Prices in Merrill, MI
How much do homes in Merrill, MI cost?
Median List Price
$175,000
$112/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Merrill was $175,000 in April 2024, up 22.9% from the previous year, and the median price per square foot was $112.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $162K | N/A |
2 Bedrooms | $144.9K | $90K | -37.9% |
3 Bedrooms | $155K | $177.4K | +14.5% |
4 Bedrooms | $139.9K | $225K | +60.8% |
5+ Bedrooms | $134.9K | $134.9K | 0.0% |
Summary: Merrill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.9%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 60.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
Merrill | $142.4K | $175K | +22.9% |
Jonesfield Township | $145K | $150K | +3.4% |
Housing Supply in Merrill, MI
How many homes are available in Merrill, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Summary: The Merrill real estate market had 12 homes for sale in April 2024, a 140.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 3 | 8 | +166.7% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merrill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 166.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Merrill, MI
How long does it take to sell a home in Merrill, MI?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
106 Days | 33 Days | -68.5% |
Summary: Homes in Merrill had an average listing age of 33 days in Apr 2024, down by 68.5% compared to the previous year.