Data as of June 2026. Source: Realtor.com.
The MERRILL, MI real estate market (48637) currently shows 14 active listings, with 9 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
The median listing price has risen 21.6% year-over-year, from $157,200 to $191,200.
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 June 2026, there are 14 active listings in MERRILL, MI (zip code 48637), compared to 11 the prior year.
The median listing price in MERRILL, MI 48637 is $191,200 as of June 2026, a 21.6% increase from $157,200 the prior year.
Homes in MERRILL, MI 48637 spend an average of 44 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MERRILL, MI 48637 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in MERRILL, MI 48637 save an estimated $3,824 compared to a typical 5% commission on the median listing price of $191,200. 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.