$1,899 Closing Credit*
$159,900
1,904 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tracy Friske, Listing Office: Arnold-REALTORS
Housing Prices in Merkel, TX
How much do homes in Merkel, TX cost?
Median List Price
$195,000
$133/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$14,750(+8.2%)
Key Takeaway
The list price of homes in Merkel has increased by 8.2% since last year.
Summary: The median home list price in Merkel was $195,000 in November 2024, up 8.2% from the previous year, and the median price per square foot was $133.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $25K | N/A |
| 2 Bedrooms | $104.9K | $110K | +4.9% |
| 3 Bedrooms | $185K | $199K | +7.6% |
| 4 Bedrooms | $305K | $324.9K | +6.5% |
| 5+ Bedrooms | $389K | - | N/A |
Summary: Merkel housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.
Housing Supply in Merkel, TX
How many homes are available in Merkel, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 25 | +25.0% |
Summary: The Merkel real estate market had 25 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merkel housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Merkel, TX
How long does it take to sell a home in Merkel, TX?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 77 Days | -13.9% |
Summary: Homes in Merkel had an average listing age of 77 days in Nov 2024, down by 13.9% compared to the previous year.
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