Merrill, WI Foreclosures
Current Market Conditions in in Merrill, WI As of April 2026?
Over the past month, Merrill has experienced a noticeable uptick in housing activity, reflected in a slight increase in home sales and a decrease in average days on the market. More properties are receiving multiple offers, signaling a competitive marketplace. The city’s appeal lies in its natural beauty and recreational offerings, resulting in heightened interest among those seeking a peaceful living environment.
How much do homes sell for in Merrill, WI?
The average home price is currently $235,523.
In Merrill, WI, how many homes are available?
There are currently 3 active home listings available in Merrill.
What’s the average rental cost in Merrill, WI?
The average rental price in Merrill is $1,596.
What is the most expensive home in Merrill?
The most expensive home sold in Merrill had a price of $4,858,427.
What is currently the cheapest priced home in Merrill, WI?
The cheapest home for sale in Merrill is priced at $15,359.
Living in Merrill, WI
Merrill, WI, is a welcoming city known for its community spirit and outdoor lifestyle, nestled along the scenic Wisconsin River. Offering a variety of amenities, including shops, schools, and parks, it’s an ideal place for families and outdoor enthusiasts. With convenient access to highways and community events, Merrill embodies a small-town charm with ample recreational opportunities.
Buyer vs Seller Market in Merrill, WI
The real estate market in Merrill, WI, is showing signs of stability, with a balanced mix of homebuyers and sellers. Prices have remained relatively steady, reflecting the area’s desirability and limited inventory. As more families look to settle in suburban areas like Merrill, home values are expected to appreciate in the coming years, driven by demand for local amenities and outdoor activities.
With interest rates fluctuating, many buyers are taking advantage of affordable mortgage options, while sellers are motivated by current favorable market conditions. The residential market is seeing a revival, particularly for single-family homes and properties with larger lots, appealing to prospective buyers prioritizing space and nature.
Home Value Estimator For Merrill, WI
There are currently 7,939 real estate properties
in Merrill, WI,
with a median automated valuation model (AVM) price
of $206,034.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Merrill, WI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Merrill, WI,
is $235,523.00, with the most expensive house
in Merrill, WI, topping out
at $4,858,427.00 and the cheapest home
in Merrill, WI,
clocking in at $15,359.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Merrill, WI!
Rent Prices
In Merrill, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Merrill, WI, is on
a rollercoaster ride. The
average rent price in Merrill, WI,
is $1,596.00. Indeed, when looking to rent in
Merrill, WI, you can expect to pay as little
as $860.00 or as much
as $2,280.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Merrill, WI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
