Housing Prices in Merritt, MI

How much do homes in Merritt, MI cost?

Median List Price

$169,900

$131/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$45,000(-20.9%)

Key Takeaway

The list price of homes in Merritt has decreased by 20.9% since March.

Summary: The median home list price in Merritt was $169,900 in April 2024, down 20.9% from the previous month, and the median price per square foot was $131.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$169K
N/A
3 $214.9K$214.9K
0.0%
4 --
N/A
5+ --
N/A

Summary: Merritt housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Merritt, MI

How many homes are available in Merritt, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
23+50.0%

Summary: The Merritt real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Merritt housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Merritt, MI

How long does it take to sell a home in Merritt, MI?

Average Listing Age

Mar 2024Apr 2024CHANGE
212 Days168 Days-20.6%

Summary: Homes in Merritt had an average listing age of 168 days in Apr 2024, down by 20.6% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Merritt, MI

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What housing markets are near Merritt, MI?