Home prices
The median home in Merrifield is valued at $494,700. This is approximately $192,780 (28%) lower compared to other places in this area.In comparison to the rest of the country it is about $277,200 (127%) higher, and it is roughly $106,800 (17%) lower in comparison to the city of Washington.
Rents
In Merrifield the median monthly rent is $2,021. Compared to its nearby areas this is roughly $81 (3%) lower.It is roughly $959 (90%) higher in comparison to the rest of the country, and is approximately $480 (31%) higher in comparison to the city of Washington.
Nearby places
Dunn Loring
Dunn Loring is Merrifield's neighbor to the north. Real estate prices there are substantially more expensive. The median home in Dunn Loring costs $741,600, which works out to $246,900 (33%) higher than Merrifield. Its rents are somewhat more expensive. The median monthly rent in Dunn Loring is $2,870, which works out to $849 (29%) higher than Merrifield.
Mantua
Mantua is Merrifield's neighbor to the southwest. Housing prices there are significantly more expensive. The median home in Mantua is valued at $780,000, which comes out to $285,300 (36%) higher than Merrifield. The rent there is similar. Mantua's median rent is $1,959 per month, which comes out to $62 (3%) lower than Merrifield.
Woodburn
Woodburn is Merrifield's neighbor to the south. Its real estate prices are a little more expensive. Woodburn's median home price is $600,400, which works out to $105,700 (17%) higher than Merrifield. The rent there is a bit less expensive. The median monthly rent in Woodburn is $1,802, which comes out to $219 (12%) lower than Merrifield.
Vienna
Vienna is Merrifield's neighbor to the northwest. The housing prices there are significantly more expensive. The price of the median home in Vienna is $743,500, which works out to $248,800 (33%) higher than Merrifield. The rent there is similar. Vienna's median monthly rent is $2,081, which is $60 (2%) higher than Merrifield.
Idylwood
Idylwood is Merrifield's neighbor to the northeast. Its real estate prices are somewhat more expensive. The median home price in Idylwood is $571,900, which comes out to $77,200 (13%) higher than Merrifield. Rents there are somewhat less expensive. Idylwood's median monthly rent is $1,796, which is $225 (12%) lower than Merrifield.