The Village of Merrick Park housing market is not very competitive. The median sale price of a home in Village of Merrick Park was $585K last month, down 22.0% since last year. The median sale price per square foot in Village of Merrick Park is $759, down 8.1% since last year.
What is the housing market like in Village of Merrick Park today?
In October 2024, Village of Merrick Park home prices were down 22.0% compared to last year, selling for a median price of $585K. On average, homes in Village of Merrick Park sell after 33 days on the market compared to 105 days last year. There were 5 homes sold in October this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$585,000
-22.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Village of Merrick Park, FL
$585,000
-22.0%
United States
To compare other locations to the Village of Merrick Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Coral Gables add value to a home.
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How hot is the Village of Merrick Park housing market?
Village of Merrick Park is not very competitive. Homes sell in 62 days.
0
100
12
Not 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
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 62 days.
Hot homes
can sell for around list price and go pending in around 7 days.
Learn about schools in the Village of Merrick Park area
Elementary
Middle
High
GreatSchools Rating
10/10
George W. Carver Elementary School
Public • PreK-5
537
Students
32 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 Village of Merrick Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Village of Merrick Park.
Flood Factor - Minor
50% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Village of Merrick Park has a minor risk of flooding. 0 properties in Village of Merrick Park are likely to be
severely affected
by flooding over the next 30 years. This represents 50% of all properties in Village of Merrick Park. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Village of Merrick Park has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Village of Merrick Park is most at risk from hurricanes. 106 properties in Village of Merrick Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 179 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 193 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Village of Merrick Park has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Village of Merrick Park have an Extreme Heat Factor®.
Village of Merrick Park is expected to see a 285% increase in the number of days over 104ºF over the next 30 years. Village of Merrick Park is expected to experience 6