The Merion Village housing market is somewhat competitive. The median sale price of a home in Merion Village was $387K last month, up 22.1% since last year. The median sale price per square foot in Merion Village is $299, up 11.3% since last year.
What is the housing market like in Merion Village today?
In March 2024, Merion Village home prices were up 22.1% compared to last year, selling for a median price of $387K. On average, homes in Merion Village sell after 48 days on the market compared to 49 days last year. There were 30 homes sold in March this year, up from 26 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$387,100
+22.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Merion Village, OH
$387,100
+22.1%
United States
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How hot is the Merion Village housing market?
Merion Village is somewhat competitive. Homes sell in 56 days.
0
100
38
Somewhat Competitive
Redfin Compete Score™
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 56 days.
Hot homes
can sell for about 1% above list price and go pending in around 38 days.
Stewart Alternative Elementary School @ Beck Elementary School
Public • PreK-6
329
Students
7 reviews
4/10
Southwood Elementary School
Public • PreK-6
310
Students
3 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 Merion Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Merion Village.
Risk Factor
Flood Factor - Major
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Merion Village has a major risk of flooding. 240 properties in Merion Village are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Merion Village. Flood risk is increasing faster than the national average.
Merion Village has minimal risk of severe winds over the next 30 years
Wind Factor
Merion Village has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.