Housing Prices in Merritt, NC
How much do homes in Merritt, NC cost?
Median List Price
$475,000
$247/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Merritt has increased by 13.1% since last year.
Summary: The median home list price in Merritt was $475,000 in May 2024, up 13.1% from the previous year, and the median price per square foot was $247.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $359.9K | N/A |
| 2 Bedrooms | $317K | $182.7K | -42.4% |
| 3 Bedrooms | $419.9K | $525K | +25.0% |
| 4 Bedrooms | $775K | $775K | 0.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Merritt housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.4%, 3 bedroom homes increased by 25%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Davis Township | $177.5K | $214.4K | +20.8% |
| Stonewall | $150K | $175K | +16.7% |
| Merritt | $419.9K | $475K | +13.1% |
Housing Supply in Merritt, NC
How many homes are available in Merritt, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Summary: The Merritt real estate market had 10 homes for sale in May 2024, a 66.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merritt housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Merritt, NC
How long does it take to sell a home in Merritt, NC?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 163 Days | 100 Days | -38.5% |
Summary: Homes in Merritt had an average listing age of 100 days in May 2024, down by 38.5% compared to the previous year.
