Home prices
The median home in Merrill is valued at $79,300. Compared to its surrounding areas it is roughly $11,540 (12%) lower.It is approximately $138,200 (63%) lower in comparison to the entire nation, and it is roughly $244,100 (75%) lower in comparison to the city of Ann Arbor.
Rents
Merrill's median rent is $711 per month. In comparison to its nearby areas this is about $35 (5%) higher.It is roughly $351 (33%) lower compared to the entire nation, and compared to the city of Ann Arbor is roughly $526 (42%) lower.
Nearby places
Hemlock
Hemlock is about 4 miles east from Merrill. Its housing prices are a little more expensive. Hemlock's median home cost is $90,100, which comes out to $10,800 (11%) higher than Merrill. Rent there is pretty similar. Hemlock's median rent is $701 per month, which is $10 (1%) lower than Merrill.
Breckenridge
Breckenridge is roughly 6 miles west of Merrill. Real estate prices there are pretty similar. Breckenridge's median home cost is $75,800, which is $3,500 (4%) lower than Merrill. Its rents are a bit less expensive. Breckenridge's median rent is $606 per month, which works out to $105 (17%) lower than Merrill.
St. Charles
St. Charles is about 10 miles southeast from Merrill. Housing prices there are pretty similar. The price of the median home in St. Charles is $81,000, which comes out to $1,700 (2%) higher than Merrill. Rent there is a bit less expensive. St. Charles's median rent is $621 a month, which comes out to $90 (14%) lower than Merrill.
Shields
Shields is approximately 11 miles east from Merrill. Its real estate prices are substantially more expensive. The value of the median home in Shields is $125,200, which is $45,900 (36%) higher than Merrill. Rent there is a little more expensive. The median rent in Shields is $770 per month, which works out to $59 (7%) higher than Merrill.
St. Louis
St. Louis is approximately 11 miles west from Merrill. Real estate prices there are pretty similar. St. Louis's median home price is $82,100, which is $2,800 (3%) higher than Merrill. Its rents are pretty similar. In St. Louis the median rent is $682 per month, which is $29 (4%) lower than Merrill.
