Housing Prices in Merriam, KS
How much do homes in Merriam, KS cost?
Median List Price
$289,975
$182/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Merriam has increased by 5.4% since last year.
Summary: The median home list price in Merriam was $289,975 in March 2024, up 5.4% from the previous year, and the median price per square foot was $182.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $195K | +69.6% |
| 2 Bedrooms | $225.5K | $250K | +10.9% |
| 3 Bedrooms | $275.5K | $295K | +7.1% |
| 4 Bedrooms | $325K | $332.4K | +2.3% |
| 5+ Bedrooms | $479K | $476.5K | -0.5% |
Summary: Merriam housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.6%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 0.5%.
Median List Price Compared To Nearby Cities
| Kansas City | $192.3K | $214.9K | +11.8% |
| Overland Park | $440.6K | $491.5K | +11.6% |
| Shawnee | $361.1K | $398.8K | +10.4% |
| Merriam | $275K | $289.9K | +5.4% |
Housing Supply in Merriam, KS
How many homes are available in Merriam, KS?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 30 | +36.4% |
Summary: The Merriam real estate market had 30 homes for sale in March 2024, a 36.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 15 | 21 | +40.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Merriam housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Days on Market for Merriam, KS
How long does it take to sell a home in Merriam, KS?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 43 Days | +16.1% |
Summary: Homes in Merriam had an average listing age of 43 days in Mar 2024, up by 16.1% compared to the previous year.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.