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MERRILL, WI 54452

Real Estate Market Report  ·  Lincoln County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
38
⇧ 15.2% vs 33 last year
Pending
18
47% pending ratio
Median Price
$204,900
⇩ 12.5% vs $234,300 last year
Average Price
$218,056
⇩ 27.4% vs $300,229 last year
Days on Market
65
⇩ 36.9% vs 103 days last year

Market Context

Population: 18,854  ·  Density: 16.6/mi²  ·  Median household income: $63,256

Typical home value: $146,280  ·  Homeownership: 76.9%

Market Analysis

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

The MERRILL, WI real estate market (54452) currently shows 38 active listings, with 18 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 65 days on market compared to 103 days last year.

The median listing price has fallen 12.5% year-over-year, from $234,300 to $204,900.

Whether you are buying or selling in MERRILL, WI, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 33 last year
  • Days on market: 65 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $204,900 (-12.5% YoY)
  • Average: $218,056 (-27.4% 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 32.1 miles — 199 listings ($73,627,642 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54452Merrill, WI 544520.0 mi38$8,286,128$204,900$218,056
54411Athens, WI 5441116.8 mi8$4,854,512$357,000$606,814
54403Wausau, WI 5440317.4 mi25$8,620,825$274,900$344,833
54470Rib Lake, WI 5447019.0 mi5$1,240,600$179,000$248,120
54487Tomahawk, WI 5448720.4 mi48$20,651,664$349,450$430,243
54474Rothschild, WI 5447424.2 mi2$649,800$324,900$324,900
54408Aniwa, WI 5440825.6 mi1$254,900$254,900$254,900
54459Ogema, WI 5445928.6 mi2$1,319,900$659,950$659,950
54564Tripoli, WI 5456429.5 mi1$175,000$175,000$175,000
54409Antigo, WI 5440929.8 mi18$4,359,474$229,900$242,193
54451Medford, WI 5445130.9 mi22$10,865,426$442,450$493,883
54455Mosinee, WI 5445531.1 mi21$8,455,125$347,450$402,625
54484Stratford, WI 5448432.1 mi8$3,894,288$439,900$486,786

Frequently Asked Questions

How many homes are for sale in MERRILL, WI 54452?

As of January 2026, there are 38 active listings in MERRILL, WI (zip code 54452), compared to 33 the prior year.

What is the median home price in MERRILL, WI 54452?

The median listing price in MERRILL, WI 54452 is $204,900 as of January 2026, a 12.5% decrease from $234,300 the prior year.

How long do homes stay on the market in MERRILL, WI?

Homes in MERRILL, WI 54452 spend an average of 65 days on the market before going under contract, compared to 103 days the prior year.

Is it a seller's or buyer's market in MERRILL, WI 54452?

Based on current inventory and days-on-market data as of January 2026, MERRILL, WI 54452 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 65 days on market compared to 103 days last year.

How much can I save on real estate commission in MERRILL, WI?

With SELL123.com's maximum 3% commission, sellers in MERRILL, WI 54452 save an estimated $4,098 compared to a typical 5% commission on the median listing price of $204,900. 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.