$39,900
0.37 Acres
Land
Tyler Dick, Listing Office: City2Shore Real Estate Northern Michigan
Housing Prices in Merritt Township, MI
How much do homes in Merritt Township, MI cost?
Median List Price
$167,000
$130/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$10,500(-5.9%)
Key Takeaway
The list price of homes in Merritt Township has decreased by 5.9% since last year.
Summary: The median home list price in Merritt Township was $167,000 in October 2024, down 5.9% from the previous year, and the median price per square foot was $130.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142.4K | $139.9K | -1.8% |
| 3 Bedrooms | $194.9K | $187.4K | -3.9% |
| 4 Bedrooms | $146.2K | $164.9K | +12.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Merritt Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Hampton Charter Township | $144.9K | $232.4K | +60.3% |
| Merritt Township | $177.5K | $167K | -5.9% |
| Portsmouth Charter Township | $204.4K | $165K | -19.3% |
Housing Supply in Merritt Township, MI
How many homes are available in Merritt Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The Merritt Township real estate market had 4 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merritt Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Merritt Township, MI
How long does it take to sell a home in Merritt Township, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 145 Days | 73 Days | -49.7% |
Summary: Homes in Merritt Township had an average listing age of 73 days in Oct 2024, down by 49.7% compared to the previous year.
