Home prices
The median home in Merriam costs $169,400. In comparison to other places in this area this is roughly $84,680 (33%) lower.It is roughly $48,100 (22%) lower in comparison to the United States as a whole, and it is about $14,800 (9%) higher in comparison to the city of Kansas City.
Rents
The median monthly rent in Merriam is $945. Compared to nearby areas it is roughly $359 (27%) lower.It is approximately $117 (11%) lower compared to the rest of the country, and compared to the city of Kansas City it is is very similar.
Nearby places
Mission
Mission is roughly 1 mile east of Merriam. Its real estate prices are a little more expensive. Mission's median home value is $179,700, which comes out to $10,300 (5%) higher than Merriam. Rents there are fairly similar. The median monthly rent in Mission is $984, which works out to $39 (3%) higher than Merriam.
Roeland Park
Roeland Park is about 2 miles northeast of Merriam. Housing prices there are similar. The median home in Roeland Park costs $172,900, which works out to $3,500 (2%) higher than Merriam. The rent there is somewhat more expensive. Roeland Park's median rent is $1,182 a month, which comes out to $237 (20%) higher than Merriam.
Fairway
Fairway is approximately 3 miles east from Merriam. Its housing prices are a lot more expensive. The median home in Fairway costs $376,700, which is $207,300 (55%) higher than Merriam. Its rents are a little more expensive. Fairway's median rent is $1,363 a month, which works out to $418 (30%) higher than Merriam.
Prairie Village
Prairie Village is approximately 3 miles southeast of Merriam. The housing prices there are substantially more expensive. The value of the median home in Prairie Village is $290,600, which works out to $121,200 (41%) higher than Merriam. Rent there is a bit more expensive. In Prairie Village the median rent is $1,337 a month, which is $392 (29%) higher than Merriam.
Westwood
Westwood is approximately 3 miles east from Merriam. The real estate prices there are significantly more expensive. Westwood's median home cost is $250,500, which is $81,100 (32%) higher than Merriam. Rents there are a lot more expensive. The median rent in Westwood is $1,652 per month, which is $707 (42%) higher than Merriam.