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MERRITT, MI 49667

Real Estate Market Report  ·  Missaukee County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MERRITT, MI real estate market (49667) currently shows 3 active listings, with 3 pending sales. Homes are averaging 117 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 117 days on market compared to 43 days last year.

The median listing price has fallen 3.9% year-over-year, from $181,950 to $174,900.

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.

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Market Context

Market Context

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

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

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
3
100% pending ratio
Median Price
$174,900
⇩ 3.9% vs $181,950 last year
Average Price
$174,900
⇩ 3.9% vs $181,950 last year
Days on Market
117
⇧ 172.1% vs 43 days last year

Price Per Square Foot

Median $/sqft
$124
⇩ 34% vs $188/sqft last year
Median Home Size
1,408 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 117 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $174,900 (-3.9% YoY)
  • Average: $174,900 (-3.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.3 miles — 372 listings ($116,375,310 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49667Merritt, MI 496670.0 mi3$626,001$186,150$208,667
48630Houghton Lake Heights, MI 486307.4 mi3$810,900$270,300$270,300
49651Lake City, MI 496519.9 mi25$8,913,300$257,400$356,532
48651Prudenville, MI 4865116.4 mi22$6,411,592$271,950$291,436
49633Fife Lake, MI 4963319.7 mi14$4,752,706$239,950$339,479
48625Harrison, MI 4862521.1 mi84$21,626,724$169,200$257,461
49663Manton, MI 4966323.9 mi12$3,895,992$222,250$324,666
49646Kalkaska, MI 4964626.9 mi31$10,636,751$300,500$343,121
48624Gladwin, MI 4862430.4 mi61$17,836,644$224,925$292,404
49601Cadillac, MI 4960130.8 mi61$20,732,680$201,825$339,880
49649Kingsley, MI 4964933.5 mi27$13,070,592$438,225$484,096
49618Boon, MI 4961833.8 mi1$239,900$239,900$239,900
49631Evart, MI 4963134.3 mi28$6,821,528$174,225$243,626

Frequently Asked Questions

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

As of March 2026, there are 3 active listings in MERRITT, MI (zip code 49667), compared to 4 the prior year.

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

The median listing price in MERRITT, MI 49667 is $174,900 as of March 2026, a 3.9% decrease from $181,950 the prior year.

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

Homes in MERRITT, MI 49667 spend an average of 117 days on the market before going under contract, compared to 43 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 March 2026, MERRITT, MI 49667 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 117 days on market compared to 43 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 $3,498 compared to a typical 5% commission on the median listing price of $174,900. 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.