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Foreclosure Homes in Merrill, IA 51038

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Merrill, IA Foreclosures

How much do homes sell for in Merrill, IA?
The average home price is currently $298,681.
In Merrill, IA, how many homes are available?
There are currently 10 active home listings available in Merrill.
What’s the average rental cost in Merrill, IA?
The average rental price in Merrill is $1,510.
What is the most expensive home in Merrill?
The most expensive home sold in Merrill had a price of $1,493,846.
What is currently the cheapest priced home in Merrill, IA?
The cheapest home for sale in Merrill is priced at $14,068.

Living in Merrill, IA

Located in Plymouth County, Merrill, IA is a close-knit community known for its rural charm and friendly atmosphere. The area is perfect for families and individuals seeking a peaceful lifestyle with access to outdoor activities and local events. With close proximity to larger towns, residents enjoy both small-town living and easy access to amenities.

Current Market Conditions in Merrill, IA

Merrill's real estate market remains stable, with modest growth in home prices and steady demand for properties. The area continues to attract buyers looking for affordable housing options along with a desirable rural lifestyle.

Potential homebuyers can find a range of property types, from smaller starter homes to larger family residences, making Merrill appealing to various demographics, including young families and retirees.

Home Value Estimator For Merrill, IA

There are currently 706 real estate properties in Merrill, IA, with a median automated valuation model (AVM) price of $262,121.00. 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, IA, 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, IA, is $298,681.00, with the most expensive house in Merrill, IA, topping out at $1,493,846.00 and the cheapest home in Merrill, IA, clocking in at $14,068.00. In other words, there’s something for every potential homebuyer or savvy investor in Merrill, IA!

Rent Prices In Merrill, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Merrill, IA, is on a rollercoaster ride. The average rent price in Merrill, IA, is $1,510.00. Indeed, when looking to rent in Merrill, IA, you can expect to pay as little as $880.00 or as much as $2,320.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Merrill, IA -- 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.

Merrill, IA 51038 Foreclosures


Market Trend for Merrill, IA

Total Listings Available: 10

Market Values:

Home Prices from $14,068 to $1,493,846

Average Sales Price: $298,681

Rental Values:

Rental from $880 to $2,320

Average Rent Value: $1,510 / month

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