The Merriam Park East housing market is very competitive. The median sale price of a home in Merriam Park East was $330K last month, up 11.1% since last year. The median sale price per square foot in Merriam Park East is $197, down 7.3% since last year.
What is the housing market like in Merriam Park East today?
In March 2024, Merriam Park East home prices were up 11.1% compared to last year, selling for a median price of $330K. On average, homes in Merriam Park East sell after 28 days on the market compared to 21 days last year. There were 7 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$330,000
+11.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Merriam Park East, MN
$330,000
+11.1%
United States
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How hot is the Merriam Park East housing market?
Merriam Park East is very competitive. Homes sell in 28 days.
0
100
73
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 28 days.
Hot homes
can sell for about 4% above list price and go pending in around 12 days.
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 Merriam Park East housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Merriam Park East.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Merriam Park East has a minor risk of flooding. 46 properties in Merriam Park East are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Merriam Park East. Flood risk is increasing slower than the national average.
Merriam Park East has minimal risk of severe winds over the next 30 years
Wind Factor
Merriam Park East has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Merriam Park East has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Merriam Park East have a Minor Heat Factor®.
Merriam Park East is expected to see a 100% increase in the number of days over 99ºF over the next 30 years. Merriam Park East is expected to experience 7