Merrills Homes, IL Housing Market

Homes for sale | City guide

The Merrills Homes housing market is somewhat competitive. The median sale price of a home in Merrills Homes was $490K last month, up 0.02% since last year.

Trends
Demand
Schools
Climate

Merrills Homes Housing Market Trends

What is the housing market like in Merrills Homes today?

In July 2024, Merrills Homes home prices were unchanged 0.02% compared to last year, selling for a median price of $490K.

$364K

Sale Price

$234

Sale $/Sq. Ft.

Over List Price

0.2%

Days on Market

Down Payment

25.0%

Total Homes Sold

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

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How hot is the Merrills Homes housing market?

Merrills Homes is somewhat competitive. Homes sell in 35 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for around list price and go pending in around 35 days.
Hot homes
can sell for about 3% above list price and go pending in around 16 days.

Compare With Nearby Neighborhoods

Golden Corridor

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 49 days.
Hot homes
can sell for about 2% above list price and go pending in around 35 days.

See more nearby cities and neighborhoods

View houses in Merrills Homes that sold recently

Recently sold homes

BOUGHT WITH REDFIN NOV 20, 2024
$335,000 Last Sold Price
3 beds
2 baths
2,068 sq ft
32 S Linden Ave, Palatine, IL 60074
Redfin Corporation
List Price
$350,000
Sale to List
4% under list
Days on Market
48 days
32 S Linden Ave, Palatine, IL 60074
SOLD BY REDFIN NOV 18, 2024
$393,000 Last Sold Price
3 beds
2 baths
1,272 sq ft
226 S Greenwood Ave, Palatine, IL 60074
Redfin Corporation
List Price
$329,000
Sale to List
19% over list
Days on Market
25 days
226 S Greenwood Ave, Palatine, IL 60074
SOLD SEP 9, 2024
$325,000 Last Sold Price
3 beds
2 baths
1,073 sq ft
157 S Elmwood Ave, Palatine, IL 60074
List Price
$325,000
Sale to List
0% over list
Days on Market
61 days
157 S Elmwood Ave, Palatine, IL 60074
SOLD AUG 15, 2024
$430,000 Last Sold Price
3 beds
2 baths
—sq ft
315 S Greenwood Ave, Palatine, IL 60074
List Price
$389,000
Sale to List
11% over list
Days on Market
56 days
315 S Greenwood Ave, Palatine, IL 60074
SOLD JUL 12, 2024
$490,000 Last Sold Price
5 beds
3.5 baths
2,652 sq ft
49 S Greenwood Ave, Palatine, IL 60074
List Price
$475,000
Sale to List
3% over list
Days on Market
55 days
49 S Greenwood Ave, Palatine, IL 60074

Schools in Merrills Homes

Learn about schools in the Merrills Homes area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

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 Merrills Homes housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Merrills Homes.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

85% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

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