$10,000 Closing Credit*
$1,199,900
4,167 SqFt
3 Beds
•2 Full Baths, 1 Partial
#1990027, Peggy Acker-Farber, Listing Office: RE/MAX Preferred
Is Merrimac, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Merrimac was a Seller's Market.
Key Takeaway
Merrimac is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Merrimac, WI
How much do homes in Merrimac, WI cost?
Median Sold Price
$810,000
$274/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$305,050(+60.4%)
Key Takeaway
Homes in Merrimac have sold for 60.4% more than they did a month ago.
Summary: The median home sold price in Merrimac was $810,000 in November 2024, up 60.4% from last month, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $625K | - | N/A |
| 3 Bedrooms | $679.9K | $1.2M | +76.5% |
| 4 Bedrooms | $125K | $420K | +236.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Merrimac housing prices by bedroom type for November 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 increased by 76.5%, 4 bedroom homes increased by 236%, and 5+ bedroom homes did not change.
Housing Supply in Merrimac, WI
How many homes are available in Merrimac, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Merrimac real estate market had 19 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Merrimac 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Merrimac, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Merrimac in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Merrimac, WI
We’re sorry, we don't have information for this market at the moment
