Housing Prices in Merritt, MI
How much do homes in Merritt, MI cost?
Median List Price
$166,950
$124/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Merritt has decreased by 1.2% since April.
Summary: The median home list price in Merritt was $166,950 in May 2024, down 1.2% from the previous month, and the median price per square foot was $124.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169K | $169K | 0.0% |
| 3 Bedrooms | $212.4K | $212.4K | 0.0% |
| 4 Bedrooms | - | $41K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Merritt housing prices by bedroom type for May 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.
Median List Price Compared To Nearby Cities
| Merritt | $169K | $166.9K | -1.2% |
| Butterfield Township | $169K | $166.9K | -1.2% |
Housing Supply in Merritt, MI
How many homes are available in Merritt, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Merritt real estate market had 4 homes for sale in May 2024, a 33.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, 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
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 168 Days | 156 Days | -6.9% |
Summary: Homes in Merritt had an average listing age of 156 days in May 2024, down by 6.9% compared to the previous month.
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