Call or Text (240) SELL-123

MERRITT, MI 49667

Real Estate Market Report  ·  Missaukee County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇧ 300% vs 1 last year
Pending
0
0% pending ratio
Median Price
$189,900
⇩ 24% vs $250,000 last year
Average Price
$223,675
⇩ 10.5% vs $250,000 last year
Days on Market
68
⇧ 466.7% vs 12 days last year

Market Context

Population: 666  ·  Density: 4.0/mi²  ·  Median household income: $45,833

Typical home value: $114,567  ·  Homeownership: 74.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MERRITT, MI real estate market (49667) currently shows 4 active listings. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 12 days last year.

The median listing price has fallen 24% year-over-year, from $250,000 to $189,900.

Whether you are buying or selling in MERRITT, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MERRITT, MI 49667 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 1 last year
  • Days on market: 68 now vs 12 last year

Median & Average Pricing

Year over Year
  • Median: $189,900 (-24% YoY)
  • Average: $223,675 (-10.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.4 miles — 388 listings ($120,694,407 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49667Merritt, MI 496670.0 mi4$894,700$189,900$223,675
48630Houghton Lake Heights, MI 486307.4 mi3$810,900$270,300$270,300
49651Lake City, MI 496519.9 mi26$9,273,290$279,900$356,665
48651Prudenville, MI 4865116.4 mi20$5,743,880$266,950$287,194
49633Fife Lake, MI 4963319.7 mi18$6,059,700$245,000$336,650
48625Harrison, MI 4862521.1 mi81$20,546,946$172,000$253,666
49663Manton, MI 4966323.9 mi13$3,632,200$220,000$279,400
49646Kalkaska, MI 4964626.9 mi32$11,147,424$303,000$348,357
48624Gladwin, MI 4862430.4 mi62$19,384,858$234,461$312,659
49601Cadillac, MI 4960130.8 mi68$22,428,440$214,200$329,830
49649Kingsley, MI 4964933.5 mi32$13,385,088$419,900$418,284
49655Leroy, MI 4965534.1 mi11$3,588,387$275,000$326,217
48632Lake, MI 4863234.4 mi18$3,798,594$175,000$211,033

Frequently Asked Questions

How many homes are for sale in MERRITT, MI 49667?

As of January 2026, there are 4 active listings in MERRITT, MI (zip code 49667), compared to 1 the prior year.

What is the median home price in MERRITT, MI 49667?

The median listing price in MERRITT, MI 49667 is $189,900 as of January 2026, a 24% decrease from $250,000 the prior year.

How long do homes stay on the market in MERRITT, MI?

Homes in MERRITT, MI 49667 spend an average of 68 days on the market before going under contract, compared to 12 days the prior year.

Is it a seller's or buyer's market in MERRITT, MI 49667?

Based on current inventory and days-on-market data as of January 2026, MERRITT, MI 49667 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 12 days last year.

How much can I save on real estate commission in MERRITT, MI?

With SELL123.com's maximum 3% commission, sellers in MERRITT, MI 49667 save an estimated $3,798 compared to a typical 5% commission on the median listing price of $189,900. 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.