Current Price

$245,108

1 Month Forecast

â–² $272,679

1-Year Forecast *

â–² $294,456

5-Year Forecast *

â–² $352,241

"Is it a good time to buy homes in Merrill?" "Does investing in real estate in Merrill (Iowa State, Plymouth County) worth it?" According to our live Forecast System, buying a house in Merrill is a good short-term (1-year) investment*. The Merrill average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Merrill" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Merrill in Iowa State, Plymouth County. If you are looking for homes for sale with good flipping profit, Merrill can be a profitable property investment option. The median price of an average house in Merrill was 245,108 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Merrill" area is 352,241 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +43.71% meaning that investing 100000 USD today may yield a profit of 43,708 USD by 2031.

Current Median Listing Price: 245,108 USD Median Listing Price Per Square Foot: 136 USD

Merrill Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Merrill (Iowa State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Merrill Price Target

Merrill median home price target in 12 months: $294,456* (upside of 20.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $265,564 $270,641 $265,564 $270,641
2024 $231,728 $245,108 $231,728 $245,108
2023 $229,593 $232,449 $229,280 $233,739
2022 $207,051 $229,283 $207,051 $229,283
2021 $184,295 $204,415 $184,295 $204,415
2020 $169,535 $183,156 $167,493 $183,156
2019 $160,381 $170,034 $160,381 $170,034
2018 $0 $159,652 $0 $159,652
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Merrill Housing Market Forecast

How much does an average home cost in Merrill today?

The value of an average home (the listing price) in Merrill is $245,108 USD.

What is the average price per square foot in Merrill?

According to Walletinvestor the median price per square foot in Merrill is 136 USD.

Will the median listing price of homes in Merrill grow / rise / go up?

Yes. The Merrill home prices may rise from 245,108 USD to 294,456 USD in one year.

Is it profitable to invest in Merrill homes?

Yes. The long-term profit potential is +20.13% in one year.

Will Merrill house prices fall / drop?

No. See above.

What is the predicted price of a Merrill home in 2030?

The predicted home sales price of a Merrill home in 2030 in Merrill is 331,898 USD.

What is the predicted price of a Merrill home in 2035?

The predicted home sales price of a Merrill home in 2035 in Merrill is 423,764 USD.

Will real estate prices decrease in Merrill?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Merrill is the 14673. largest city in the United States, located in Iowa State.

During the last 12 months the real estate prices in Plymouth, Merrill decreased, looking at the past 12 months.

According to Walletinvestor's Merrill real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.966% to 245,108 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 20.793% in 2021
  • 19.533% in 2022
  • 21.933% in 2023
  • 20.863% in 2024
  • 19.803% in 2025
  • 19.823% in 2026

Based on our Merrill real estate market research and report the predicted sales prices will increase by 526.076% in the next 10 years.

Over the last 12 months, the value of homes in Merrill fluctuated: increasing 3 times and decreasing 1 times.

Merrill (Iowa) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Merrill Housing Market Forecast with Real Estate Prices for 2025
August 2025 272679 250319 295039
September 2025 274732 255775 293688
October 2025 276800 260192 293408
November 2025 278884 255458 302311
December 2025 280984 257662 304306
Merrill Housing Market Forecast with Real Estate Prices for 2026
January 2026 282585 267891 297279
February 2026 283756 264176 303335
March 2026 285752 268036 303469
April 2026 287904 260553 315255
May 2026 290072 264255 315888
June 2026 292255 265076 319435
July 2026 294456 277966 310945
August 2026 296673 268489 324857
September 2026 298907 280374 317439
October 2026 301157 282786 319528
November 2026 303424 280061 326788
December 2026 305077 288603 321552
Merrill Housing Market Forecast with Real Estate Prices for 2027
January 2027 304676 278474 330878
February 2027 304313 285141 323484
March 2027 305083 288303 321862
April 2027 306015 287348 324682
May 2027 306429 279770 333088
June 2027 306055 289222 322888
July 2027 306011 290405 321618
August 2027 306095 278852 333337
September 2027 306889 289090 324689
October 2027 308331 290139 326522
November 2027 309972 287034 332910
December 2027 311159 286578 335741
Merrill Housing Market Forecast with Real Estate Prices for 2028
January 2028 311717 284597 338836
February 2028 311961 280765 343158
March 2028 311404 291785 331022
April 2028 310240 287283 333198
May 2028 309278 278350 340205
June 2028 309793 290586 329000
July 2028 311764 292435 331094
August 2028 314111 290867 337356
September 2028 316476 286728 346225
October 2028 318146 299376 336917
November 2028 318689 292238 345140
December 2028 318869 296867 340871
Merrill Housing Market Forecast with Real Estate Prices for 2029
January 2029 319628 296615 342642
February 2029 321007 297895 344120
March 2029 323083 292390 353776
April 2029 325515 294917 356114
May 2029 327966 305336 350596
June 2029 330435 306314 354557
July 2029 331898 314307 349488
August 2029 332567 315939 349195
September 2029 332300 303723 360878
October 2029 332440 312493 352386
November 2029 333614 316933 350294
December 2029 336125 310916 361335
Merrill Housing Market Forecast with Real Estate Prices for 2030
January 2030 338656 318337 358975
February 2030 341206 315957 366455
March 2030 343775 326586 360963
April 2030 346363 312073 380653
May 2030 348336 319773 376900
June 2030 349779 322846 376712
July 2030 352241 324061 380420
August 2030 354893 325082 384704
September 2030 357565 336111 379019
October 2030 360257 329635 390879
November 2030 362969 344095 381844
December 2030 365702 345589 385816
Merrill Housing Market Forecast with Real Estate Prices for 2031
January 2031 368456 333821 403090
February 2031 371230 343759 398701
March 2031 374025 352331 395718
April 2031 376062 348610 403515
May 2031 375567 350029 401106
June 2031 375119 341734 408505
July 2031 376069 339214 412924
August 2031 377218 358357 396079
September 2031 377728 348265 407191
October 2031 377268 352368 402167
November 2031 377213 350431 403995
December 2031 377316 345245 409388
Merrill Housing Market Forecast with Real Estate Prices for 2032
January 2032 378296 348032 408559
February 2032 380072 358788 401356
March 2032 382095 346943 417248
April 2032 383559 362463 404655
May 2032 384246 352354 416139
June 2032 384548 364936 404160
July 2032 383860 362364 405357

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.