Housing in Merrimac, Wisconsin

The median home cost in Merrimac is $281,400. Home appreciation the last 10 years has been 19.5%. Home Appreciation in Merrimac is up 7.3%. Browse Merrimac Real Estate

Average Age of Homes

- The median age of Merrimac real estate is 22 years old

The Rental Market in Merrimac

- Renters make up 3.2% of the Merrimac population
- 0.4% of houses and apartments in Merrimac, are available to rent

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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.

HOUSING	Merrimac, Wisconsin	United States
Median Home Age	30	40
Median Home Cost	$281,400	$231,200
Home Appr. Last 12 months	7.3%	6.7%
Home Appr. Last 5 yrs.	26.9%	35.6%
Home Appr. Last 10 yrs.	19.5%	27.4%
Property Tax Rate	$18.34	$11.78
Property Taxes Paid	$5,161	$2,724
Homes Owned	54.6%	56.0%
Housing Vacant	40.8%	12.2%
Homes Rented	4.6%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,485	$1,470
Studio Apartment	$670	$821
1 Bedroom Home or Apartment	$790	$930
2 Bedroom Home or Apartment	$1,040	$1,148
3 Bedroom Home or Apartment	$1,490	$1,537
4 Bedroom Home or Apartment	$1,500	$1,791
VACANT HOUSING
Vacant For Rent	0.4%	2.1%
Vacant Rented	0.0%	0.5%
Vacant For Sale	3.1%	1.0%
Vacant Sold	0.0%	0.5%
Vacant Vacation	34.4%	4.0%
Vacant Other	3.0%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	3.7%	3.5%
$20,000 to $39,999	4.4%	3.1%
$40,000 to $59,999	0.7%	3.9%
$60,000 to $79,999	2.2%	5.4%
$80,000 to $99,999	0.7%	6.3%
$100,000 to $149,999	8.6%	14.7%
$150,000 to $199,999	7.2%	14.6%
$200,000 to $299,999	17.0%	18.7%
$300,000 to $399,999	20.2%	11.0%
$400,000 to $499,999	12.8%	6.2%
$500,000 to $749,999	11.1%	7.0%
$750,000 to $999,999	7.7%	2.7%
$1,000,000 to $1,499,999	2.0%	1.5%
$1,500,000 to $1,999,999	0.0%	0.5%
$2,000,000 and over	1.5%	0.7%