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Rent To Own Homes in Merrill, IA

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Merrill, IA Foreclosures

How much do homes sell for in Merrill, IA?
The average home price is currently $288,914.
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 $1,501,885.
What is currently the cheapest priced home in Merrill, IA?
The cheapest home for sale in Merrill is priced at $14,144.

Living in Merrill, IA

Merrill is a charming small town in northwest Iowa, known for its friendly community and tranquil lifestyle. With a population of just over 1,000, it offers a close-knit environment with various local amenities and parks. Residents appreciate the scenic surroundings and the proximity to larger cities for additional conveniences.

Current Market Conditions in Merrill, IA

The Merrill real estate market is currently experiencing steady growth, with prices appreciating moderately over the past year. The demand for homes in the area has increased as more people seek out the charm of small-town living combined with the convenience of nearby urban centers.

Investors and homebuyers alike are taking advantage of the low interest rates and the affordable home prices in Merrill. The market is seeing a mix of both single-family homes and charming older properties, making it an attractive investment for buyers.

Home Value Estimator For Merrill, IA

There are currently 633 real estate properties in Merrill, IA, with a median automated valuation model (AVM) price of $246,026.00. 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 $288,914.00, with the most expensive house in Merrill, IA, topping out at $1,501,885.00 and the cheapest home in Merrill, IA, clocking in at $14,144.00. 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 Rent To Own Homes

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