$1,887 Closing Credit*
$158,900
1,325 SqFt
4 Beds
•1 Full Bath
Betty McFadden, Listing Office: Golden Girls
Housing Prices in Merkel, TX
How much do homes in Merkel, TX cost?
Median List Price
$194,250
$132/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$13,750(+7.6%)
Key Takeaway
The list price of homes in Merkel has increased by 7.6% since last year.
Summary: The median home list price in Merkel was $194,250 in October 2024, up 7.6% from the previous year, and the median price per square foot was $132.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $25K | N/A |
| 2 Bedrooms | $107.4K | $99.9K | -7.0% |
| 3 Bedrooms | $187.4K | $194.7K | +3.9% |
| 4 Bedrooms | $305K | $329.9K | +8.2% |
| 5+ Bedrooms | $389K | - | N/A |
Summary: Merkel 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 7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 8.2%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The Merkel real estate market had 21 homes for sale in October 2024, a 5.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merkel 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 increased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 71 Days | -15.6% |
Summary: Homes in Merkel had an average listing age of 71 days in Oct 2024, down by 15.6% compared to the previous year.
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