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Sarah Mitchell

CNESRESABR

Compass Real Estate · Merrill, OR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Merrill, OR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Merrill, OR Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$380,000median sale price

How is the Merrill, OR housing market right now?

The median home sale price in Merrill, OR is $380,000. Homes sell in an average of 27 days with 4 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Merrill a buyer's or seller's market?

Leaning buyer's4.0 months of supply27 avg. days on market

Merrill, OR is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 27 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

27

Average pace

Active listings

4

4.0 months supply

Sale-to-list

95.0%

Below asking

What does the Merrill housing market data show?

Current housing market statistics for Merrill, OR
MetricValue
Median sale price$380,000
Average days on market27 days
Active inventory4 listings
Months of supply4.0 months
Sale-to-list price ratio95.0%
Median price per sq ft$172/sq ft
Homes sold (latest month)1
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Merrill by property type?

How the Merrill, OR market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Merrill, OR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$380,000$172/sq ft127 days

Source: Redfin · Updated monthly

The Merrill housing market is currently classified as a leaning buyer's with a median sale price of $380,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 27 days on market, indicating 4.0 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 4.9x provides context for how home values compare to local earning capacity.

Homes for sale in Merrill

There are currently 4 homes listed for sale in Merrill, Oregon.

Active listings

4

Homes on market

Avg. days on market

27

Days until sale

Sale-to-list:95.0%

Who lives in Merrill?

Population

985

Median income

$50,469/yr

Median age

30.2 years

Owner-occupied

56.5%

College grads

9.4%

Avg commute

20.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Merrill?

Zillow home value

$245,692

Price-to-income

4.9x

Source: Zillow Research

What is it like to live in Merrill?

Merrill is a community of approximately 1K residents with a median age of 30.2 years.The median household income is $50,469, which represents a working-class community with solid middle-income opportunities. 9.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 56.5%, showing a blend of owner and renter-occupied properties. The average commute time is 20.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Merrill offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Merrill?

2 schools tracked · 426 students

The largest public schools serving Merrill, 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.

Lost River High School

Grades 7-12 · 240 students

Public

Merrill Elementary School

Grades K-6 · 186 students

Public

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 Merrill, OR?

Want a head-to-head view? Compare Merrill side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Merrill?

The median home sale price in Merrill is $380,000, down 0.0% from last year.

How long do homes stay on market in Merrill?

Homes typically spend 27 days on market before going under contract.

What is the median income in Merrill?

The median household income is $50,469 per year.

Is Merrill a buyer's or seller's market?

With 4.0 months of supply, Merrill is currently a leaning buyer's.

What is the Zillow home value estimate for Merrill?

The Zillow Home Value Index (ZHVI) for Merrill is $245,692, representing the typical home value in the area.

How much does a single-family home cost in Merrill?

The median single-family home price in Merrill, OR is $380,000 (about $172 per square foot).

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