Housing in Merlin, OR
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$362,500
Median List Price
$589,500
Price Per Sq Ft
$254
Days on Market
57
Active Inventory
6
Months of Supply
1.2
Seller's market
Zillow Home Value
$458,651
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
40.0%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
99.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
3
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$254
Median List $/SF
$383
Merlin vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Merlin is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$419,100
Median Rent
$1,090
Total Housing Units
595
Vacancy Rate
0.0%
Owner Occupied
93.8%
Renter Occupied
6.2%
Median Property Tax
$1,731
per year
Monthly Cost (w/ Mortgage)
N/A
Housing Types
The current median sale price in Merlin, OR is $362,500 according to Redfin data. Homes spend a median of 57 days on the market. 40.0% of homes sold above asking price. The market has 1.2 months of supply. The median price per square foot is $254. The median rent is $1,090 per month (Census ACS). About 93.8% of housing units are owner-occupied. The median year homes were built is 1990. There are 595 total housing units.