Active Listings
3
⇩ 62.5% vs 8 last year
Population: 3,104 · Density: 16.9/mi² · Median household income: $61,100
Typical home value: $132,075 · Homeownership: 90.4%
Data as of January 2026. Source: Realtor.com.
The MERRILL, MI real estate market (48637) currently shows 3 active listings, with 2 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 61 days on market compared to 40 days last year.
The median listing price has fallen 13.9% year-over-year, from $180,000 to $154,900.
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.
| 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 | $6,330,128 | $267,500 | $395,633 |
| 48614 | Brant, MI 48614 | 11.5 mi | 2 | $350,000 | $175,000 | $175,000 |
| 48880 | Saint Louis, MI 48880 | 12.2 mi | 18 | $2,607,300 | $130,500 | $144,850 |
| 48623 | Freeland, MI 48623 | 12.4 mi | 38 | $18,522,948 | $444,950 | $487,446 |
| 48603 | Saginaw, MI 48603 | 15.7 mi | 63 | $19,148,787 | $289,900 | $303,949 |
| 48638 | Saginaw, MI 48638 | 15.9 mi | 39 | $11,268,972 | $232,300 | $288,948 |
| 48806 | Ashley, MI 48806 | 17.8 mi | 1 | $219,900 | $219,900 | $219,900 |
| 48807 | Bannister, MI 48807 | 18.5 mi | 2 | $459,800 | $229,900 | $229,900 |
| 48649 | Oakley, MI 48649 | 18.8 mi | 5 | $1,688,400 | $364,500 | $337,680 |
| 48611 | Auburn, MI 48611 | 19.3 mi | 14 | $3,872,246 | $224,900 | $276,589 |
| 48607 | Saginaw, MI 48607 | 20.2 mi | 3 | $148,350 | $49,450 | $49,450 |
| 48874 | Pompeii, MI 48874 | 20.5 mi | 2 | $168,000 | $84,000 | $84,000 |
As of January 2026, there are 3 active listings in MERRILL, MI (zip code 48637), compared to 8 the prior year.
The median listing price in MERRILL, MI 48637 is $154,900 as of January 2026, a 13.9% decrease from $180,000 the prior year.
Homes in MERRILL, MI 48637 spend an average of 61 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MERRILL, MI 48637 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 61 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in MERRILL, MI 48637 save an estimated $3,098 compared to a typical 5% commission on the median listing price of $154,900. 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.