Population: 1,763 · Density: 7.6/mi² · Median household income: $90,625
Typical home value: $177,227 · Homeownership: 84.7%
Data as of January 2026. Source: Realtor.com.
The MERRILL, IA real estate market (51038) currently shows 2 active listings, with 1 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 64 days on market compared to 155 days last year.
The median listing price has fallen 20.2% year-over-year, from $332,500 to $265,250.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51038 | Merrill, IA 51038 | 0.0 mi | 2 | $530,500 | $265,250 | $265,250 |
| 51031 | Le Mars, IA 51031 | 9.6 mi | 17 | $5,775,903 | $300,000 | $339,759 |
| 51109 | Sioux City, IA 51109 | 11.1 mi | 4 | $1,047,900 | $261,975 | $261,975 |
| 51104 | Sioux City, IA 51104 | 12.6 mi | 50 | $14,636,300 | $269,500 | $292,726 |
| 51103 | Sioux City, IA 51103 | 14.3 mi | 34 | $8,566,810 | $182,450 | $251,965 |
| 51101 | Sioux City, IA 51101 | 15.1 mi | 1 | $199,995 | $199,995 | $199,995 |
| 57049 | North Sioux City, SD 57049 | 15.9 mi | 34 | $21,666,602 | $485,000 | $637,253 |
| 51106 | Sioux City, IA 51106 | 16.8 mi | 58 | $17,237,484 | $240,000 | $297,198 |
| 51028 | Kingsley, IA 51028 | 18.0 mi | 4 | $2,293,200 | $514,900 | $573,300 |
| 57025 | Elk Point, SD 57025 | 19.0 mi | 6 | $1,902,000 | $319,000 | $317,000 |
| 51050 | Remsen, IA 51050 | 19.7 mi | 3 | $831,000 | $277,000 | $277,000 |
| 51007 | Bronson, IA 51007 | 21.9 mi | 1 | $124,500 | $124,500 | $124,500 |
| 51023 | Hawarden, IA 51023 | 22.3 mi | 6 | $2,146,560 | $234,000 | $357,760 |
As of January 2026, there are 2 active listings in MERRILL, IA (zip code 51038), compared to 2 the prior year.
The median listing price in MERRILL, IA 51038 is $265,250 as of January 2026, a 20.2% decrease from $332,500 the prior year.
Homes in MERRILL, IA 51038 spend an average of 64 days on the market before going under contract, compared to 155 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MERRILL, IA 51038 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 64 days on market compared to 155 days last year.
With SELL123.com's maximum 3% commission, sellers in MERRILL, IA 51038 save an estimated $5,305 compared to a typical 5% commission on the median listing price of $265,250. 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.