Data as of July 2026. Source: Realtor.com.
The MERRILL, IA real estate market (51038) currently shows 3 active listings. Homes are averaging 22 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 22 days on market compared to 54 days last year.
The median listing price has risen 1% year-over-year, from $222,500 to $224,750.
Whether you are buying or selling in MERRILL, IA, 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: 1,763 · Density: 7.6/mi² · Median household income: $90,625
Typical home value: $177,227 · Homeownership: 84.7%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51038 | Merrill, IA 51038 | 0.0 mi | 3 | $837,624 | $307,125 | $279,208 |
| 51031 | Le Mars, IA 51031 | 9.6 mi | 19 | $7,906,641 | $344,450 | $416,139 |
| 51109 | Sioux City, IA 51109 | 11.1 mi | 6 | $1,332,900 | $217,450 | $222,150 |
| 51104 | Sioux City, IA 51104 | 12.6 mi | 55 | $16,280,660 | $269,863 | $296,012 |
| 51103 | Sioux City, IA 51103 | 14.3 mi | 38 | $10,185,710 | $183,738 | $268,045 |
| 57049 | North Sioux City, SD 57049 | 15.9 mi | 31 | $19,116,274 | $535,000 | $616,654 |
| 51106 | Sioux City, IA 51106 | 16.8 mi | 64 | $19,289,024 | $251,250 | $301,391 |
| 51028 | Kingsley, IA 51028 | 18.0 mi | 6 | $2,485,128 | $339,250 | $414,188 |
| 57025 | Elk Point, SD 57025 | 19.0 mi | 6 | $1,884,648 | $347,000 | $314,108 |
| 51050 | Remsen, IA 51050 | 19.7 mi | 4 | $920,000 | $213,500 | $230,000 |
| 51007 | Bronson, IA 51007 | 21.9 mi | 1 | $124,500 | $124,500 | $124,500 |
| 51023 | Hawarden, IA 51023 | 22.3 mi | 7 | $2,272,200 | $230,725 | $324,600 |
| 51054 | Sergeant Bluff, IA 51054 | 22.6 mi | 10 | $4,847,500 | $417,250 | $484,750 |
As of July 2026, there are 3 active listings in MERRILL, IA (zip code 51038), compared to 1 the prior year.
The median listing price in MERRILL, IA 51038 is $224,750 as of July 2026, a 1% increase from $222,500 the prior year.
Homes in MERRILL, IA 51038 spend an average of 22 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 July 2026, MERRILL, IA 51038 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 22 days on market compared to 54 days last year.
With SELL123.com's maximum 3% commission, sellers in MERRILL, IA 51038 save an estimated $4,495 compared to a typical 5% commission on the median listing price of $224,750. 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.