Housing Prices in Merriam, KS
How much do homes in Merriam, KS cost?
Median List Price
$295,000
$183/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Merriam has increased by 7.3% since last year.
Summary: The median home list price in Merriam was $295,000 in April 2024, up 7.3% from the previous year, and the median price per square foot was $183.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $195K | +69.6% |
| 2 Bedrooms | $229.4K | $250K | +8.9% |
| 3 Bedrooms | $275K | $299K | +8.7% |
| 4 Bedrooms | $325K | $332.4K | +2.3% |
| 5+ Bedrooms | $479K | $475K | -0.8% |
Summary: Merriam housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.6%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 0.8%.
Median List Price Compared To Nearby Cities
| Overland Park | $447.3K | $498.3K | +11.4% |
| Kansas City | $195K | $215K | +10.3% |
| Shawnee | $367.2K | $399.9K | +8.9% |
| Merriam | $275K | $295K | +7.3% |
Housing Supply in Merriam, KS
How many homes are available in Merriam, KS?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Summary: The Merriam real estate market had 24 homes for sale in April 2024, a 17.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Merriam 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 decreased by 40%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Merriam, KS
How long does it take to sell a home in Merriam, KS?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 45 Days | +2.0% |
Summary: Homes in Merriam had an average listing age of 45 days in Apr 2024, up by 2% compared to the previous year.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.