Data as of September 2026. Source: Realtor.com.
The MERRILL, MI real estate market (48637) currently shows 17 active listings, with 7 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are selling faster, averaging 38 days on market compared to 54 days last year.
The median listing price has risen 47.9% year-over-year, from $140,000 to $207,000.
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 September 2026, there are 17 active listings in MERRILL, MI (zip code 48637), compared to 10 the prior year.
The median listing price in MERRILL, MI 48637 is $207,000 as of September 2026, a 47.9% increase from $140,000 the prior year.
Homes in MERRILL, MI 48637 spend an average of 38 days on the market before going under contract, compared to 54 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MERRILL, MI 48637 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 38 days on market compared to 54 days last year.
With SELL123.com's maximum 3% commission, sellers in MERRILL, MI 48637 save an estimated $4,140 compared to a typical 5% commission on the median listing price of $207,000. 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.