Merrill, MI Housing Market

The Merrill housing market is very competitive. The median sale price of a home in Merrill was $135K last month, up 123.0% since last year. The median sale price per square foot in Merrill is $97, down 9.35% since last year.

Trends
Demand
Migration
Schools
Climate

Merrill Housing Market Trends

What is the housing market like in Merrill today?

In May 2025, Merrill home prices were up 123.0% compared to last year, selling for a median price of $135K.

$105K

Sale Price

-12.5%
since last year

$97

Sale $/Sq. Ft.

-9.35%
since last year

Under List Price

0.8%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Merrill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Merrill add value to a home.

How hot is the Merrill housing market?

Merrill is very competitive. Homes sell in 8 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 8 days.
Hot homes
can sell for about 4% above list price and go pending in around 6 days.

Compare With Nearby Cities

Midland

100

Most Competitive

Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 7 days.
Hot homes
can sell for about 5% above list price and go pending in around 3 days.

Freeland

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 11 days.
Hot homes
can sell for around list price and go pending in around 4 days.

See more nearby cities and neighborhoods

Merrill Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Merrill that sold recently

Recently sold homes

SOLD JUN 20, 2025
$105,000 Last Sold Price
1 bed
1 bath
1,080 sq ft
555 N Midland St, Merrill, MI 48637
List Price
$105,000
Sale to List
0% over list
Days on Market
37 days
555 N Midland St, Merrill, MI 48637
SOLD JUN 20, 2025
$113,000 Last Sold Price
3 beds
1 bath
1,056 sq ft
19840 Gratiot Rd, Merrill, MI 48637
List Price
$114,900
Sale to List
2% under list
Days on Market
185 days
19840 Gratiot Rd, Merrill, MI 48637
SOLD JUN 10, 2025
$168,000
—beds
—baths
—sq ft
2877 S Homer Rd, Merrill, MI 48637
List Price
—
Sale to List
—
Days on Market
—
2877 S Homer Rd, Merrill, MI 48637
SOLD JUN 2, 2025
$30,000
—beds
—baths
—sq ft
Swan Creek Rd, Hemlock, MI 48626
List Price
—
Sale to List
—
Days on Market
—
Swan Creek Rd, Hemlock, MI 48626
SOLD MAY 27, 2025
$134,900 Last Sold Price
2 beds
1.5 baths
1,344 sq ft
398 E Alice St, Merrill, MI 48637
(989) 790-9292
List Price
$139,900
Sale to List
4% under list
Days on Market
27 days
398 E Alice St, Merrill, MI 48637
SOLD APR 24, 2025
$112,500
—beds
1 bath
1,169 sq ft
344 N Midland St, Merrill, MI 48637
List Price
—
Sale to List
—
Days on Market
—
344 N Midland St, Merrill, MI 48637
SOLD APR 23, 2025
$180,000 Last Sold Price
4 beds
2.5 baths
1,720 sq ft
612 W Alice St, Merrill, MI 48637
List Price
$180,000
Sale to List
0% over list
Days on Market
111 days
612 W Alice St, Merrill, MI 48637
SOLD APR 11, 2025
$350,000 Last Sold Price
—beds
—baths
—sq ft
TBD N Meridian Rd, Merrill, MI 48637
List Price
$449,000
Sale to List
22% under list
Days on Market
55 days
TBD N Meridian Rd, Merrill, MI 48637
See all recently sold homes in Merrill.
See listings

Schools in Merrill

Learn about schools in the Merrill area

Elementary
Middle
High

GreatSchools Rating

5/10

Merrill Elementary School

Public • PreK-5

210

Students

4 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

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.

Heat Factor - Minor

89% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Merrill

New Listings in Merrill

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