Merrifield, MN Housing

Merrifield, MN is a great place to invest in the housing market. The median value of houses in Merrifield is $364,800, which is higher than the US median value of $338,100. Additionally, the one-year appreciation rate for housing in Merrifield is 12.38%, which is higher than the national appreciation rate of 8.27%. This indicates that investing in housing in Merrifield can be beneficial as it will likely appreciate more quickly than other markets around the country.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Merrifield, Minnesota	United States
	27.0	139,647,020.0
	49	42
	$364,800	$338,100
	20.4%	16.6%
	63.7%	57.0%
	87.2%	101.1%
	$8.14	$10.98
	$767	$2,690
	81.5%	57.4%
	18.5%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	18.5%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	27.3%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	50.0%	11.3%
	0.0%	13.0%
	22.7%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	18.5%	13.6%
	0.0%	13.2%
	37.0%	14.8%
	18.5%	13.6%
	0.0%	10.0%
	22.2%	4.7%
	0.0%	12.2%