Merrill, WI Housing Market
The Merrill housing market is somewhat competitive. The median sale price of a home in Merrill was $136K last month, down 22.6% since last year. The median sale price per square foot in Merrill is $110, up 0.0% since last year.
Merrill Housing Market Trends
In June 2025, Merrill home prices were down 22.6% compared to last year, selling for a median price of $136K. On average, homes in Merrill sell after 55 days on the market compared to 57 days last year. There were 10 homes sold in June this year, down from 11 last year.

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How hot is the Merrill housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 62 days.
- Hot homescan sell for about 3% above list price and go pending in around 52 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 42 days.
- Hot homescan sell for about 8% above list price and go pending in around 32 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 55 days.
- Hot homescan sell for about 3% above list price and go pending in around 34 days.
Merrill Migration & Relocation Trends
- Across the nation, 0.06% of homebuyers searched to move into Merrill from outside metros.
- Chicago homebuyers searched to move into Merrill more than any other metro followed by Milwaukee and Madison.
- 56% of Merrill homebuyers searched to stay within the Merrill metropolitan area.
- Minneapolis was the most popular destination among Merrill homebuyers followed by Tampa and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 126 | ||
2 | 75 | ||
3 | 45 | ||
4 | 11 | ||
5 | 11 | ||
6 | 6 | ||
7 | 5 | ||
8 | 5 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 23 | ||
2 | 8 | ||
3 | 6 | ||
4 | 5 | ||
5 | 4 | ||
6 | 2 | ||
7 | 2 | ||
8 | 1 | ||
9 | 1 | ||
10 | 1 |
View houses in Merrill that sold recently
Recently sold homes
- $172,000 Last Sold Price3 beds1 bath1,040 sq ft506 E 9th St, Merrill, WI 54452List Price$169,900Sale to List1% over listDays on Market53 days506 E 9th St, Merrill, WI 54452
- $130,000 Last Sold Price4 beds1 bath1,349 sq ftW5645 Tannery Dr, Merrill, WI 54452List Price$130,000Sale to List0% over listDays on Market47 daysW5645 Tannery Dr, Merrill, WI 54452
- $209,900 Last Sold Price3 beds2 baths1,887 sq ft713 N Prospect St, Merrill, WI 54452List Price$209,900Sale to List0% over listDays on Market45 days713 N Prospect St, Merrill, WI 54452
- $145,000 Last Sold Price2 beds1 bath920 sq ft808 E 9th St, Merrill, WI 54452List Price$145,000Sale to List0% over listDays on Market56 days808 E 9th St, Merrill, WI 54452
- $365,000 Last Sold Price3 beds2.5 baths3,130 sq ft1205 Lark St, Merrill, WI 54452List Price$369,900Sale to List1% under listDays on Market105 days1205 Lark St, Merrill, WI 54452
- $118,000 Last Sold Price3 beds1.5 baths1,310 sq ft504 4th St St E, Merrill, WI 54452List Price$121,900Sale to List3% under listDays on Market63 days504 4th St St E, Merrill, WI 54452
- $241,500 Last Sold Price3 beds1 bath1,652 sq ft154421 Alamo Rd, Merrill, WI 54452List Price$234,900Sale to List3% over listDays on Market31 days154421 Alamo Rd, Merrill, WI 54452
- $25,000 Last Sold Price1 bed1 bath768 sq ftN2308 Cth G, Merrill, WI 54452List Price$30,000Sale to List17% under listDays on Market35 daysN2308 Cth G, Merrill, WI 54452
See all recently sold homes in Merrill.
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Schools in Merrill
- Elementary
- Middle
- High
GreatSchools Rating
4/10 Washington Elementary School Public • 3-4 | 229 Students | 2 reviews |
4/10 Prairie River Middle School Public • 5-8 | 593 Students | 2 reviews |
NR Jefferson Elementary School Public • K-5 | 175 Students | 1 reviews |
NR Kate Goodrich Elementary School Public • K-2 | 375 Students | 3 reviews |
Climate's impact on Merrill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Merrill.
Flood Factor - Major
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

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