Merrill, WI Housing Market
The Merrill housing market is somewhat competitive. The median sale price of a home in Merrill was $131K last month, down 23.2% since last year. The median sale price per square foot in Merrill is $134, up 50.6% since last year.
Merrill Housing Market Trends
In October 2024, Merrill home prices were down 23.2% compared to last year, selling for a median price of $131K. On average, homes in Merrill sell after 50 days on the market compared to 45 days last year. There were 5 homes sold in October this year, down from 12 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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 58 days.
- Hot homescan sell for about 3% above list price and go pending in around 43 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
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 47 days.
- Hot homescan sell for about 4% above list price and go pending in around 35 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 9 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 61 days.
- Hot homescan sell for about 1% above list price and go pending in around 35 days.
Merrill Migration & Relocation Trends
- Across the nation, 0.07% 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.
- 55% of Merrill homebuyers searched to stay within the Merrill metropolitan area.
- Charlotte was the most popular destination among Merrill homebuyers followed by Green Bay and Sarasota.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Aug '24 - Oct '24 | ||
1 | 173 | ||
2 | 104 | ||
3 | 27 | ||
4 | 11 | ||
5 | 10 | ||
6 | 9 | ||
7 | 8 | ||
8 | 6 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Aug '24 - Oct '24 | ||
1 | 78 | ||
2 | 7 | ||
3 | 5 | ||
4 | 4 | ||
5 | 4 | ||
6 | 3 | ||
7 | 2 | ||
8 | 2 | ||
9 | 1 | ||
10 | 1 |
View houses in Merrill that sold recently
Recently sold homes
- $505,000 Last Sold Price3 beds3 baths2,247 sq ftW4032 State Highway 64, Merrill, WI 54452List Price$539,900Sale to List6% under listDays on Market182 daysW4032 State Highway 64, Merrill, WI 54452
- $325,000 Last Sold Price3 beds2.5 baths1,892 sq ft107 E Riverside Ave, Merrill, WI 54452List Price$350,000Sale to List7% under listDays on Market121 days107 E Riverside Ave, Merrill, WI 54452
- $174,900 Last Sold Price2 beds2 baths1,840 sq ft1205 E 8th St, Merrill, WI 54452List Price$174,900Sale to List0% over listDays on Market39 days1205 E 8th St, Merrill, WI 54452
- $29,900 Last Sold Price—beds—baths—sq ftLot 2 County Road X, Merrill, WI 54452List Price$34,900Sale to List14% under listDays on Market33 daysLot 2 County Road X, Merrill, WI 54452
- $184,900 Last Sold Price2 beds1 bath1,260 sq ftN429 Cth X, Merrill, WI 54452List Price$189,900Sale to List3% under listDays on Market65 daysN429 Cth X, Merrill, WI 54452
- $184,900 Last Sold Price2 beds1 bath1,660 sq ftN429 County Road X, Merrill, WI 54452List Price$189,900Sale to List3% under listDays on Market65 daysN429 County Road X, Merrill, WI 54452
- $29,900 Last Sold Price—beds—baths—sq ftLot #2 Cth X, Merrill, WI 54452List Price$34,900Sale to List14% under listDays on Market33 daysLot #2 Cth X, Merrill, WI 54452
- $24,500 Last Sold Price—beds—baths—sq ftlot #4 Diana Circle Dr, Merrill, WI 54452List Price$26,500Sale to List8% under listDays on Market56 dayslot #4 Diana Circle Dr, Merrill, WI 54452
See all recently sold homes in Merrill.
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Schools in Merrill
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Washington Elementary School Public • K-5 | 217 Students | 2 reviews |
NR Jefferson Elementary School Public • K-5 | 175 Students | 1 reviews |
NR Kate Goodrich Elementary School Public • K-5 | 322 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 - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minimal
Heat Factor
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