Merkel, TX
Housing market overview · Updated weekly
$150,000median sale price
Homes sold
2
Last 12 weeks
Days on market
86
Average pace
Active listings
11
5.5 months supply
Sale-to-list
91.7%
Below asking
The Merkel housing market is currently classified as a buyer's market with a median sale price of $150,000. Prices have fallen 6.3% compared to last year, with homes spending an average of 86 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Merkel
There are currently 11 homes listed for sale in Merkel, Texas. The median listing price is $300K.
Active listings
11
Homes on market
Median list price
$300K
Avg. days on market
86
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Merkel?
The median home sale price in Merkel is $150,000, down 6.3% from last year.
How long do homes stay on market in Merkel?
Homes typically spend 86 days on market before going under contract.
Is Merkel a buyer's or seller's market?
With 5.5 months of supply, Merkel is currently a buyer's market.
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