Merrill, MI is a great place to purchase a home. The median value of houses in Merrill is $150,200, which is lower than the US House Median Value of $338,100. Additionally, Merrill has seen an increase in house prices of 9.86%, which is higher than the US 1 year House Appreciation of 8.27%. These numbers show that real estate in Merrill is steadily appreciating, making it a sound investment for those looking to buy a house or property in the area.
The median home cost in Merrill is $150,200. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Merrill is up 15.7%.
Average Age of Homes
- The median age of Merrill real estate is 64 years old
The Rental Market in Merrill
- Renters make up 22.6% of the Merrill population
- 0.0% 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.