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Featured local agent — Merrifield, MN
Sarah Mitchell
Compass Real Estate · Merrifield, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Merrifield, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$650,000median sale price
How is the Merrifield, MN housing market right now?
The median home sale price in Merrifield, MN is $650,000. Homes sell in an average of 2 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Merrifield a buyer's or seller's market?
Merrifield, MN is currently a strong seller's market, based on 0.3 months of supply and homes selling in about 2 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
2
Fast-moving
Active listings
1
0.3 months supply
Sale-to-list
108.9%
Above asking
What does the Merrifield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $650,000 |
| Median list price | $1.10M |
| Average days on market | 2 days |
| Active inventory | 1 listings |
| Months of supply | 0.3 months |
| Sale-to-list price ratio | 108.9% |
| Median price per sq ft | $402/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Listings with a price cut | 100.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Merrifield by property type?
How the Merrifield, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $650,000 | $402/sq ft | 3 | 2 days |
Source: Redfin · Updated monthly
The Merrifield housing market is currently classified as a strong seller's market with a median sale price of $650,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 2 days on market, indicating 0.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Merrifield
There are currently 1 homes listed for sale in Merrifield, Minnesota. The median listing price is $1.1M.
Active listings
1
Homes on market
Median list price
$1.1M
Avg. days on market
2
Days until sale
New this week
2
Newly listed
Who lives in Merrifield?
Population
131
Median age
55.6 years
Owner-occupied
100.0%
College grads
39.1%
Source: U.S. Census Bureau ACS
What are homes worth in Merrifield?
Zillow home value
$463,754
Source: Zillow Research
What is it like to live in Merrifield?
Merrifield is a community of approximately 0K residents with a median age of 55.6 years. 39.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Merrifield offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Merrifield, MN?
Want a head-to-head view? Compare Merrifield side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Merrifield?
The median home sale price in Merrifield is $650,000, down 0.0% from last year.
How long do homes stay on market in Merrifield?
Homes typically spend 2 days on market before going under contract.
Is Merrifield a buyer's or seller's market?
With 0.3 months of supply, Merrifield is currently a strong seller's market.
What is the Zillow home value estimate for Merrifield?
The Zillow Home Value Index (ZHVI) for Merrifield is $463,754, representing the typical home value in the area.
How much does a single-family home cost in Merrifield?
The median single-family home price in Merrifield, MN is $650,000 (about $402 per square foot).
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