The Merle Hay housing market is very competitive. The median sale price of a home in Merle Hay was $209K last month, up 13.1% since last year. The median sale price per square foot in Merle Hay is $205, up 9.3% since last year.
What is the housing market like in Merle Hay today?
In March 2024, Merle Hay home prices were up 13.1% compared to last year, selling for a median price of $209K. On average, homes in Merle Hay sell after 14 days on the market compared to 52 days last year. There were 44 homes sold in March this year, up from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$209,250
+13.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Merle Hay, IA
$209,250
+13.1%
United States
To compare other locations to the Merle Hay and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Des Moines add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Merle Hay housing market?
Merle Hay is very competitive. Homes sell in 12.5 days.
0
100
78
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 13 days.
Hot homes
can sell for about 1% above list price and go pending in around 4 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 Merle Hay housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Merle Hay.
Risk Factor
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Merle Hay has a minor risk of flooding. 173 properties in Merle Hay are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Merle Hay. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Merle Hay has a moderate risk of wildfire. There are 164 properties in Merle Hay that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Merle Hay.