Home prices
The median home cost in Merrick is $573,200. Compared to its surrounding areas this is about $138,480 (31%) higher.In comparison to the nation as a whole it is roughly $355,700 (163%) higher, and in comparison to the city of New York is approximately $32,800 (5%) lower.
Rents
The median rent in Merrick is $2,208 a month. Compared to other places in this area it is approximately $354 (19%) higher.It is roughly $1,146 (107%) higher in comparison to the US as a whole, and is roughly $765 (53%) higher in comparison to the city of New York.
Nearby places
Bellmore
Bellmore is Merrick's neighbor to the east. Housing prices there are a bit less expensive. The median home in Bellmore costs $502,100, which comes out to $71,100 (14%) lower than Merrick. The rent there is a lot less expensive. Bellmore's median monthly rent is $1,617, which is $591 (36%) lower than Merrick.
Freeport
Freeport is Merrick's neighbor to the west. Housing prices there are significantly less expensive. The price of the median home in Freeport is $339,100, which comes out to $234,100 (69%) lower than Merrick. The rent there is a lot less expensive. In Freeport the median rent is $1,486 a month, which comes out to $722 (48%) lower than Merrick.
Roosevelt
Roosevelt is Merrick's neighbor to the northwest. The housing prices there are substantially less expensive. Roosevelt's median home value is $309,100, which works out to $264,100 (85%) lower than Merrick. Rents there are somewhat less expensive. In Roosevelt the median rent is $1,811 a month, which is $397 (21%) lower than Merrick.
North Merrick
North Merrick is Merrick's neighbor to the north. Real estate prices there are somewhat less expensive. The median home cost in North Merrick is $505,100, which works out to $68,100 (13%) lower than Merrick. Rents there are a bit more expensive. The median monthly rent in North Merrick is $2,482, which comes out to $274 (11%) higher than Merrick.
Wantagh
Wantagh is approximately 2 miles northeast of Merrick. Its housing prices are a bit less expensive. The median home in Wantagh is valued at $518,200, which works out to $55,000 (10%) lower than Merrick. Rents there are somewhat less expensive. The median rent in Wantagh is $1,875 per month, which comes out to $333 (17%) lower than Merrick.