Housing in Merrill, WI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$163,700

Median List Price

$280,900

Price Per Sq Ft

$99

Days on Market

72

Active Inventory

27

Months of Supply

3.4

Seller's market

Zillow Home Value

$207,533

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 8.1%List Price 87.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

12.5%

Off Market in 2 Weeks

12.5%

Sale-to-List Ratio

98.0%

Buyer's market

Sold Above Asking
12.5%
Under Contract in 2 Wks
12.5%
Listings with Price Drops
29.6%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

6

Pending Sales

8

Homes Sold 27.3%New Listings 33.3%Pending 33.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$99

Median List $/SF

$174

Sale $/SF 7.5%List $/SF 68.9%Mar 24Jan 26

Merrill vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Merrill 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

$113,200

Median Rent

$784

Total Housing Units

4,570

Vacancy Rate

7.2%

Owner Occupied

60.8%

Renter Occupied

39.3%

Median Property Tax

$2,220

per year

Monthly Cost (w/ Mortgage)

$765

Housing Types

Single Family
66.6%
Multi-Family
32.3%
Mobile Home
1.1%

The current median sale price in Merrill, WI is $163,700 according to Redfin data. Homes spend a median of 72 days on the market. 12.5% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $99. The median rent is $784 per month (Census ACS). About 60.8% of housing units are owner-occupied. The median year homes were built is 1955. There are 4,570 total housing units.