Merrill, WI has seen significant appreciation in housing over the past year. The median value of a house in Merrill is $152,100, significantly less than the national average of $338,100. Despite this difference, Merrill's one-year house appreciation rate of 14.05% is much higher than the US average of 8.27%. This indicates that Merrill is an excellent investment opportunity for prospective homebuyers.
The median home cost in Merrill is $152,100. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Merrill is up 17.1%.
Average Age of Homes
- The median age of Merrill real estate is 62 years old
The Rental Market in Merrill
- Renters make up 36.8% of the Merrill population
- 0.6% of houses and apartments in Merrill, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.