Price Drop −$5K
20
$199,999
9929 W 52nd St
Merriam, KS 66203
3 bd3 ba1,320 sqft$152/ft²
Townhouse1,221 sqft lot
RE/MAX State Line
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Merriam, KS Housing Market
Strong seller's market+3.4% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Merriam, KS is worth $331,186, rose 3.4% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $367,500, +18.9% year over year (through May 2026). With 0.6 months of supply and homes going under contract in about 2 days, Merriam is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $331,186 home is about $1,768/mo in principal and interest.
Key numbers for Merriam, KS
Typical home value
$331,186
+3.4% in 12 months
Zillow, August 2026
Typical asking rent
$2,197/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$367,500
+18.9% year over year
Redfin, through May 2026
Days on market
2
Fast-moving
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$71,665
Home costs 4.6x income
U.S. Census ACS, 2023
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Merriam a buyer's or seller's market?
Strong seller's market0.6 months of supply2 days on market
Merriam, KS is a strong seller's market, based on 0.6 months of supply and homes selling in about 2 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Merriam housing market data show?
Every row below is Redfin's final published month for Merriam, KS. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $367,500 |
| Median list price | $331,975 |
| Year-over-year price change | +18.9% |
| Median price per sq ft | $206/sq ft |
| Median days on market | 2 days |
| Months of supply | 0.6 months |
| Homes sold (that month) | 14 |
| New listings (that month) | 18 |
| Listings with a price cut | 25.0% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Merriam is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Merriam is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Merriam home prices moved?
Over the last three years the median sale price in Merriam, KS rose 21.3%, from $303,000 to $367,500. The live Zillow value series has rose 3.4% in the last 12 months, which is the more current read now that Redfin's series has stopped. 25.0% of Merriam listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Merriam?
Priced off the typical home value of $331,186 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $66,237 | $264,949 | $1,768/mo |
| 5% | $16,559 | $314,626 | $2,100/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,768, that implies roughly $75,774 a year before you add taxes and insurance. The median household in Merriam earns $71,665, about $4,109 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.6x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Merriam in the next 12 months?
Tell us your timeline. We send the Merriam market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Merriam?
Typical asking rent in Merriam, KS is $2,197/mo, against a typical home value of $331,186. That is a price-to-rent ratio of 12.6x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,768 a month — $429 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Merriam?
We hold fewer than two months of inventory readings for Merriam, KS, so there is no trend to report yet.
How does Merriam compare to Kansas and the U.S.?
Merriam homes sell for $367,500 — 16% above the Kansas median of $316,300. Against the national median of $410,700, Merriam runs 11% lower. Year-over-year, Merriam moved +18.9% against Kansas's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Merriam, KS | $367,500 | +18.9% | 2 days |
| Kansas statewide | $316,300 | +2.6% | 19 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Merriam
What buyers should watch
- Months of supply, currently 0.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 25.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $332 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $331,186 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Merriam listing goes under contract in 2 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- In the last published month Merriam added 18 new listings against 14 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +3.4% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Merriam varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Merriam
Explore homes currently listed for sale in Merriam, Kansas across major real estate platforms.
New Listing
31
$240,000
9000 W 49th St
Merriam, KS 66203
2 bd1 ba864 sqft$278/ft²
House15,750 sqft lot
Keller Williams Realty Partners Inc.
View photos & details
$300,000
8211 W 57th St
Merriam, KS 66202
3 bd2 ba1,530 sqft$196/ft²
House10,099 sqft lot
House Brokerage
View photos & details
New Listing
$305,000
7226 Mastin St
Merriam, KS 66203
2 bd2 ba1,686 sqft$181/ft²
House5,227 sqft lot
ReeceNichols North Star
View photos & details
New Listing
29
$309,500
9985 Edelweiss Cir
Merriam, KS 66203
2 bd2 ba1,596 sqft$194/ft²
Townhouse2,614 sqft lot
Compass Realty Group
View photos & details
New Listing
2
$325,000
8806 W 72nd Ter
Merriam, KS 66204
3 bd2 ba1,359 sqft$239/ft²
House9,059 sqft lot
ReeceNichols - Country Club Plaza
View photos & details
32
$329,000
5551 Hadley St
Merriam, KS 66202
3 bd2 ba1,636 sqft$201/ft²
House17,288 sqft lot
ReeceNichols - Country Club Plaza
View photos & details
24
$330,000
9320 W 49th Ter
Merriam, KS 66203
4 bd2 ba1,612 sqft$205/ft²
House17,860 sqft lot
Weichert, Realtors Welch & Co.
View photos & details
37
$350,000
10105 W 55th St
Merriam, KS 66203
4 bd3 ba3,392 sqft$103/ft²
House13,122 sqft lot
Redfin Corporation
View photos & details
42
$365,000
6138 Hemlock St
Merriam, KS 66202
4 bd3 ba2,245 sqft$163/ft²
House15,131 sqft lot
House Brokerage
View photos & details
29
$400,000
7206 Mastin St
Merriam, KS 66203
3 bd3 ba2,702 sqft$148/ft²
House5,663 sqft lot
KW Diamond Partners
View photos & details
47
$509,950
6617 Wedd St
Merriam, KS 66203
3 bd3 ba2,592 sqft$197/ft²
House7,743 sqft lot
Realty Executives
View photos & details
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Price drops:25.0%of listings
How much do homes cost in Merriam by property type?
How the Merriam, KS market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $367,500 | $206/sq ft | 14 | 2 days |
| Townhouse | $294,750 | $180/sq ft | 2 | 99 days |
Who lives in Merriam?
American Community Survey estimates for Merriam. U.S. Census ACS, 2023
Population
11,036
Households
5,183
Median income
$71,665/yr
Median age
38 years
Owner-occupied
61.9%
Median home value
$242,400
Median gross rent
$1,161/mo
Mean commute
19.5 min
61.9% of occupied homes in Merriam are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $242,400 against Zillow's $331,186 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,161/mo, below Zillow's $2,197/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Merriam?
2 schools tracked · 815 students
The largest public schools serving Merriam, KS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Merriam Park Elementary
Grades PK-6 · 429 students
Crestview Elem
Grades PK-6 · 386 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Merriam, KS?
Ordered by distance from Merriam, not by size. Compare Merriam side by side with any of them.
Which ZIP codes are in Merriam?
These are the ZIP codes we see on active Merriam listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Merriam housing market FAQ
Is Merriam a buyer's or seller's market?
Merriam, KS is currently a strong seller's market. That read comes from 0.6 months of supply, homes going under contract in about 2 days in the last month Redfin published (May 2026).
How much do homes cost in Merriam?
The typical home in Merriam, KS is worth $331,186 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $367,500, about $206 per square foot.
Is Merriam cheaper than the rest of Kansas?
Merriam's median sale price of $367,500 is 16% higher than the Kansas statewide median of $316,300, and 11% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Merriam?
Homes in Merriam, KS spent a median of 2 days on market before going under contract, versus 19 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Merriam?
At the current 30-year fixed rate of 7.03%, 20% down on a $331,186 home is about $1,768 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $75,774 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $71,665.
Are home prices rising in Merriam?
The typical home value in Merriam, KS rose 3.4% over the last 12 months, from $320,321 to $331,186 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Merriam?
Merriam ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Merriam?
That depends on your timeline, not on a headline. What the data says today: Merriam, KS is a strong seller's market with 0.6 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 12.6x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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