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Today: September 23, 2025

Current Price

$245,108

1 Month Forecast

$272,618

1-Year Forecast *

$294,046

5-Year Forecast *

$351,204

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Merrill" area is 351,204 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +43.29% meaning that investing 100000 USD today may yield a profit of 43,285 USD by 2030.

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: 2025-2031

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: $294,046* (upside of 20.0%)

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 294,046 USD in one year.

Is it profitable to invest in Merrill homes?

Yes. The long-term profit potential is +19.97% 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 351,204 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 455,258 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 increased, 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 increased by 2.104% to 245,108 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 19.076% in 2020
  • 18.516% in 2021
  • 21.406% in 2022
  • 19.236% in 2023
  • 20.986% in 2024
  • 19.036% in 2025

Based on our Merrill real estate market research and report the predicted sales prices will increase by 517.418% in the next 10 years.

Over the last 12 months, the value of homes in Merrill fluctuated: increasing 9 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 2025, 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 272618 249718 295517
September 2025 274608 252640 296577
October 2025 276614 258357 294870
November 2025 278334 252170 304497
December 2025 280235 259778 300692
Merrill Housing Market Forecast with Real Estate Prices for 2026
January 2026 281935 257407 306463
February 2026 283994 262126 305861
March 2026 286068 270048 302087
April 2026 288157 268850 307463
May 2026 290261 266169 314352
June 2026 292380 276592 308169
July 2026 294046 268758 319334
August 2026 295264 267214 323314
September 2026 297342 273257 321427
October 2026 299513 277349 321677
November 2026 301701 283900 319501
December 2026 303904 276248 331559
Merrill Housing Market Forecast with Real Estate Prices for 2027
January 2027 306123 285613 326633
February 2027 308358 284923 331794
March 2027 310610 284829 336391
April 2027 312878 288161 337596
May 2027 315163 294677 335649
June 2027 316880 297233 336527
July 2027 316463 299690 333235
August 2027 316086 293644 338528
September 2027 316886 288049 345722
October 2027 317854 294969 340740
November 2027 318284 288365 348202
December 2027 317896 294372 341420
Merrill Housing Market Forecast with Real Estate Prices for 2028
January 2028 317850 298779 336921
February 2028 317937 302040 333834
March 2028 318762 298043 339482
April 2028 320259 293357 347161
May 2028 321964 305222 338706
June 2028 323197 306714 339680
July 2028 323776 299169 348383
August 2028 324030 304588 343472
September 2028 323451 300486 346416
October 2028 322243 302586 341900
November 2028 321243 302932 339554
December 2028 321778 302150 341407
Merrill Housing Market Forecast with Real Estate Prices for 2029
January 2029 323825 299539 348112
February 2029 326190 305314 347066
March 2029 328572 301629 355515
April 2029 330306 312139 348473
May 2029 330869 302745 358993
June 2029 331056 312517 349595
July 2029 331845 303638 360051
August 2029 333276 307280 359271
September 2029 335431 313628 357234
October 2029 337880 316594 359167
November 2029 340348 315162 365533
December 2029 342833 318835 366831
Merrill Housing Market Forecast with Real Estate Prices for 2030
January 2030 344351 317491 371210
February 2030 345045 325722 364367
March 2030 344768 323392 366144
April 2030 344913 311111 378714
May 2030 346131 311864 380397
June 2030 348658 319719 377597
July 2030 351204 322054 380354
August 2030 353769 320161 387377
September 2030 355969 325711 386226
October 2030 358400 324352 392448
November 2030 360574 337137 384012
December 2030 363207 344321 382094
Merrill Housing Market Forecast with Real Estate Prices for 2031
January 2031 365860 342079 389641
February 2031 368531 345682 391380
March 2031 371223 344495 397951
April 2031 373933 354489 393378
May 2031 376064 350115 402012
June 2031 377622 353076 402167
July 2031 380279 354040 406518
August 2031 383056 345516 420595
September 2031 385853 362702 409004
October 2031 388671 363019 414323
November 2031 391509 364495 418523
December 2031 394368 363607 425129
Merrill Housing Market Forecast with Real Estate Prices for 2032
January 2032 397248 363482 431014
February 2032 400149 374139 426158
March 2032 403071 365585 440556
April 2032 405267 371224 439309
May 2032 404733 376807 432660
June 2032 404251 376762 431740
July 2032 405274 376905 433643
August 2032 406512 370333 442692
September 2032 407062 382231 431893
October 2032 406566 383392 429740
November 2032 406507 367482 445532
December 2032 406618 372869 440368
Merrill Housing Market Forecast with Real Estate Prices for 2033
January 2033 407674 386882 428465
February 2033 409588 377231 441946
March 2033 411768 373886 449651
April 2033 413346 374078 452614
May 2033 414086 378889 449283
June 2033 414411 382502 446321
July 2033 413670 390919 436422

> 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.