Home prices
The median home cost in Merrill is $99,000. In comparison to the surrounding areas this is about $12,740 (11%) lower.Compared to the rest of the nation it is about $118,500 (54%) lower, and in comparison to the city of Medford is about $166,400 (62%) lower.
Rents
In Merrill the median rent is $632 a month. Compared to nearby areas it is approximately $76 (10%) lower.Compared to the entire nation it is about $430 (40%) lower, and compared to the city of Medford is approximately $340 (34%) lower.
Nearby places
Tulelake
Tulelake is about 7 miles southeast of Merrill. Real estate prices there are a little less expensive. The median home in Tulelake costs $79,100, which works out to $19,900 (25%) lower than Merrill. Rents there are somewhat less expensive. Tulelake's median monthly rent is $576, which comes out to $56 (9%) lower than Merrill.
Malin
Malin is about 8 miles east from Merrill. Housing prices there are somewhat more expensive. The median home in Malin costs $107,100, which comes out to $8,100 (7%) higher than Merrill. The rent there is similar. The median monthly rent in Malin is $643, which works out to $11 (1%) higher than Merrill.
Altamont
Altamont is roughly 12 miles northwest from Merrill. The real estate prices there are significantly more expensive. Altamont's median home price is $157,500, which comes out to $58,500 (37%) higher than Merrill. The rent there is somewhat more expensive. Altamont's median rent is $789 per month, which works out to $157 (19%) higher than Merrill.
Newell
Newell is roughly 13 miles southeast from Merrill. Its housing prices are significantly less expensive. The price of the median home in Newell is $55,000, which comes out to $44,000 (80%) lower than Merrill. Rent there is pretty similar. Newell's median rent is $663 a month, which comes out to $31 (4%) higher than Merrill.
Bonanza
Bonanza is about 14 miles northeast from Merrill. Its real estate prices are a lot more expensive. Bonanza's median home cost is $160,000, which comes out to $61,000 (38%) higher than Merrill. Rents there are a little more expensive. Bonanza's median monthly rent is $867, which comes out to $235 (27%) higher than Merrill.