Data as of March 2026. Source: Realtor.com.
The MERRILL, MI real estate market (48637) currently shows 4 active listings, with 2 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 39 days on market compared to 75 days last year.
The median listing price has risen 21.8% year-over-year, from $119,950 to $146,150.
Whether you are buying or selling in MERRILL, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 3,104 · Density: 16.9/mi² · Median household income: $61,100
Typical home value: $132,075 · Homeownership: 90.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48637 | Merrill, MI 48637 | 0.0 mi | 3 | $464,700 | $154,900 | $154,900 |
| 48626 | Hemlock, MI 48626 | 5.5 mi | 16 | $6,552,928 | $373,750 | $409,558 |
| 48614 | Brant, MI 48614 | 11.5 mi | 1 | $175,000 | $175,000 | $175,000 |
| 48880 | Saint Louis, MI 48880 | 12.2 mi | 16 | $2,543,776 | $140,100 | $158,986 |
| 48623 | Freeland, MI 48623 | 12.4 mi | 43 | $25,918,379 | $519,525 | $602,753 |
| 48603 | Saginaw, MI 48603 | 15.7 mi | 69 | $20,473,542 | $274,425 | $296,718 |
| 48638 | Saginaw, MI 48638 | 15.9 mi | 35 | $10,316,145 | $236,175 | $294,747 |
| 48602 | Saginaw, MI 48602 | 18.2 mi | 155 | $16,125,270 | $89,900 | $104,034 |
| 48883 | Shepherd, MI 48883 | 18.8 mi | 13 | $3,849,521 | $243,175 | $296,117 |
| 48616 | Chesaning, MI 48616 | 19.0 mi | 17 | $3,865,936 | $188,225 | $227,408 |
| 48604 | Saginaw, MI 48604 | 19.8 mi | 23 | $4,638,548 | $134,900 | $201,676 |
| 48642 | Midland, MI 48642 | 20.4 mi | 62 | $26,638,424 | $394,000 | $429,652 |
| 48724 | Carrollton, MI 48724 | 20.7 mi | 4 | $377,200 | $95,000 | $94,300 |
As of March 2026, there are 4 active listings in MERRILL, MI (zip code 48637), compared to 7 the prior year.
The median listing price in MERRILL, MI 48637 is $146,150 as of March 2026, a 21.8% increase from $119,950 the prior year.
Homes in MERRILL, MI 48637 spend an average of 39 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MERRILL, MI 48637 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 39 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in MERRILL, MI 48637 save an estimated $2,923 compared to a typical 5% commission on the median listing price of $146,150. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.