Home prices
The median home value in Merriam Woods is $68,000. In comparison to nearby areas this is roughly $31,700 (31%) lower.Compared to the United States as a whole it is approximately $149,500 (68%) lower, and it is roughly $50,100 (42%) lower in comparison to the city of Springfield.
Rents
In Merriam Woods the median monthly rent is $821. Compared to the surrounding areas it is approximately $137 (20%) higher.In comparison to the entire country it is approximately $241 (22%) lower, and compared to the city of Springfield is roughly $77 (10%) higher.
Nearby places
Rockaway Beach
Rockaway Beach is Merriam Woods's neighbor to the southeast. The housing prices there are a little more expensive. Rockaway Beach's median home cost is $90,500, which is $22,500 (24%) higher than Merriam Woods. Rent there is a lot less expensive. In Rockaway Beach the median monthly rent is $581, which comes out to $240 (41%) lower than Merriam Woods.
Bull Creek
Bull Creek is roughly 1 mile west of Merriam Woods. The real estate prices there are significantly less expensive. Bull Creek's median home value is $36,900, which comes out to $31,100 (84%) lower than Merriam Woods. The rent there is somewhat less expensive. Bull Creek's median monthly rent is $626, which works out to $195 (31%) lower than Merriam Woods.
Forsyth
Forsyth is approximately 4 miles southeast of Merriam Woods. Its real estate prices are significantly more expensive. The median home cost in Forsyth is $118,600, which works out to $50,600 (42%) higher than Merriam Woods. Rents there are a bit less expensive. Forsyth's median rent is $659 per month, which works out to $162 (24%) lower than Merriam Woods.
Kirbyville
Kirbyville is approximately 6 miles south of Merriam Woods. Real estate prices there are somewhat more expensive. The cost of the median home in Kirbyville is $95,000, which works out to $27,000 (28%) higher than Merriam Woods. Its rents are a bit less expensive. The median monthly rent in Kirbyville is $697, which works out to $124 (17%) lower than Merriam Woods.
Branson
Branson is approximately 6 miles southwest of Merriam Woods. Its housing prices are a lot more expensive. The value of the median home in Branson is $157,500, which is $89,500 (56%) higher than Merriam Woods. Rent there is pretty similar. In Branson the median rent is $857 a month, which comes out to $36 (4%) higher than Merriam Woods.