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Featured local agent — Merlin, OR
Sarah Mitchell
Compass Real Estate · Merlin, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Merlin, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$441,950median sale price
How is the Merlin, OR housing market right now?
The median home sale price in Merlin, OR is $441,950, up 4.7% year-over-year. Homes sell in an average of 5 days with 4 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 Merlin a buyer's or seller's market?
Merlin, OR is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
5
Fast-moving
Active listings
4
2.0 months supply
Sale-to-list
100.8%
Above asking
What does the Merlin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $441,950 |
| Median list price | $714,450 |
| Year-over-year price change | +4.7% |
| Average days on market | 5 days |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $323/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Merlin by property type?
How the Merlin, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $441,950 | $323/sq ft | 2 | 5 days |
Source: Redfin · Updated monthly
The Merlin housing market is currently classified as a strong seller's market with a median sale price of $441,950. Prices have risen 4.7% compared to last year, with homes spending an average of 5 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.3x provides context for how home values compare to local earning capacity.
Homes for sale in Merlin
There are currently 4 homes listed for sale in Merlin, Oregon. The median listing price is $714K.
Active listings
4
Homes on market
Median list price
$714K
Avg. days on market
5
Days until sale
New this week
2
Newly listed
Who lives in Merlin?
Population
1,355
Median income
$66,342/yr
Median age
53.2 years
Owner-occupied
93.8%
College grads
24.5%
Avg commute
35.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Merlin?
Zillow home value
$484,237
Price-to-income
7.3x
Source: Zillow Research
What is it like to live in Merlin?
Merlin is a community of approximately 1K residents with a median age of 53.2 years.The median household income is $66,342, which represents a working-class community with solid middle-income opportunities. 24.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 93.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Merlin offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Merlin?
1 schools tracked · 225 students
The largest public schools serving Merlin, OR 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.
Southern Oregon Success Academy
Grades 6-12 · 225 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 Merlin, OR?
Want a head-to-head view? Compare Merlin side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Merlin?
The median home sale price in Merlin is $441,950, up 4.7% from last year.
How long do homes stay on market in Merlin?
Homes typically spend 5 days on market before going under contract.
What is the median income in Merlin?
The median household income is $66,342 per year.
Is Merlin a buyer's or seller's market?
With 2.0 months of supply, Merlin is currently a strong seller's market.
What is the Zillow home value estimate for Merlin?
The Zillow Home Value Index (ZHVI) for Merlin is $484,237, representing the typical home value in the area.
How much does a single-family home cost in Merlin?
The median single-family home price in Merlin, OR is $441,950 (about $323 per square foot).
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