$1,839 Closing Credit*
$154,900
800 SqFt
3 Beds
•1 Full Bath
#1587367, Sheila Johnson, Listing Office: Homestead Realty
Is Merrillan, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Merrillan has remained a Seller's Market.
Key Takeaway
Merrillan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Merrillan, WI
How much do homes in Merrillan, WI cost?
Median Sold Price
$274,500
$114/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$40,000(-12.7%)
Key Takeaway
Homes in Merrillan have sold for 12.7% less than they did a month ago.
Summary: The median home sold price in Merrillan was $274,500 in October 2024, down 12.7% from last month, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | - | N/A |
| 3 Bedrooms | $279K | - | N/A |
| 4 Bedrooms | - | $274.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Merrillan housing prices by bedroom type for October 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.
Housing Supply in Merrillan, WI
How many homes are available in Merrillan, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The Merrillan real estate market had 10 homes for sale in October 2024, a 23.1% decrease 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 | 1 | -50.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Merrillan 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Merrillan, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Merrillan in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Merrillan, WI
We’re sorry, we don't have information for this market at the moment
