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Merrill, MI Real Estate & Property Data

Merrill Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Merrill, MI 48637. ATTOM’s Merrill real estate data is updated daily, and current market trends show that in Merrill, MI a total of 54 residential properties have sold over the past year. With a median home price of $140,500 in Merrill. Get detailed property data for Merrill, MI instantly. ATTOM is your one-stop-shop for the Merrill property reports and real estate data you need in Merrill, MI.

Merrill Real Estate Market Trends

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Total Residential Properties 1,328

Total Commercial Properties 139

Avg. Home Age (Single Family Home) 55 Years

Avg. Square Feet (Single Family Home) 1,588

Total 2025 Residential Sales (year-to-date) 18

% of Homes Seriously Underwater (Q3 2025) 0.54%

Total 2024 Residential Sales 50

% of Equity Rich Homes (Q3 2025) 30.88%

Effective 2024 Property Tax 1.07%

Total Foreclosure Filings (year-to-date) 1

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Merrill, MI 48637 Real Estate Overview

There were 54 residential properties sold in the past year in Merrill, MI 48637. The median home value in Merrill, MI 48637 is $192,007. There are a total of 1,328 residential properties in the 48637.

Median Sales Price i

$140,500

(Jun 2025)

-37.8%

year-over-year

y-o-y

June '25 Jun '25 $140,500
May '25 May '25 $180,000
April '25 Apr '25 $150,000
March '25 Mar '25 $164,500
February '25 Feb '25 $189,000
January '25 Jan '25 $82,500
December '24 Dec '24 $190,250
November '24 Nov '24 $149,500
October '24 Oct '24 $151,998
September '24 Sep '24 $155,000
August '24 Aug '24 $131,000
July '24 Jul '24 $173,000

Median Down Payment i

$5,895

(Jun 2025)

-87.8%

year-over-year

y-o-y

June '25 Jun '25 $5,895
May '25 May '25 N/A
April '25 Apr '25 $4,500
March '25 Mar '25 $16,800
February '25 Feb '25 N/A
January '25 Jan '25 $2,475
December '24 Dec '24 $31,600
November '24 Nov '24 $23,250
October '24 Oct '24 $70,998
September '24 Sep '24 $62,950
August '24 Aug '24 $4,947
July '24 Jul '24 $7,550

Number of Homes Sold i

2

(Jun 2025)

-75%

year-over-year

y-o-y

June '25 Jun '25 2
May '25 May '25 3
April '25 Apr '25 3
March '25 Mar '25 6
February '25 Feb '25 3
January '25 Jan '25 1
December '24 Dec '24 3
November '24 Nov '24 5
October '24 Oct '24 4
September '24 Sep '24 6
August '24 Aug '24 6
July '24 Jul '24 4

Number of Purchase Loans i

4

(Jun 2025)

-33.3%

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 3
April '25 Apr '25 1
March '25 Mar '25 3
February '25 Feb '25 1
January '25 Jan '25 2
December '24 Dec '24 2
November '24 Nov '24 5
October '24 Oct '24 2
September '24 Sep '24 5
August '24 Aug '24 3
July '24 Jul '24 4

Number of REFI Loans i

7

(Jun 2025)

June '25 Jun '25 7
May '25 May '25 5
April '25 Apr '25 N/A
March '25 Mar '25 2
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 7
July '24 Jul '24 4

Number of HELOC Loans i

2

(Jun 2025)

June '25 Jun '25 2
May '25 May '25 3
April '25 Apr '25 N/A
March '25 Mar '25 1
February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 4
September '24 Sep '24 N/A
August '24 Aug '24 3
July '24 Jul '24 N/A

Merrill, MI 48637 Real Estate Market Overview

Last 30 days

Street
Street
Street

Merrill, MI 48637 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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