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market report · 48637
Merrill, MI · 48637
4 active listings$174,950 median ask$2,054 est. rent1.2% price/rent
$174,950
Median list price
$2,054/mo
Estimated rent
1.2%
Price / rent ratio
4
Listings
FHFA home price index · 2016–2025
98.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.36
Median rent / sqft
4 comps
$130.46
Median sold / sqft
4 comps
—
Walkability
6.1%
Area unemployment
BLS LAUS
Median household income $65,865 · median home value $158,600 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 47).
3 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
535 N Midland St, Merrill, MI 48637
Merrill, MI
$130,000$1,820/mo1.4%
1247 N Steel Rd, Merrill, MI 48637
Merrill, MI
$164,900$2,014/mo1.2%
22025 Lakefield Rd, Lakefield Township, MI 48637
Lakefield Township, MI
$185,000$2,094/mo1.1%
1210 N Steel Rd, Merrill, MI 48637
Merrill, MI
$324,900$2,375/mo0.7%