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MERRILL, WI 54452

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

Market Analysis

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

The MERRILL, WI real estate market (54452) currently shows 33 active listings, with 20 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 46 days on market compared to 39 days last year.

The median listing price has fallen 17.2% year-over-year, from $344,950 to $285,475.

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 Context

Market Context

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

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

Market Overview

Active Listings
33
⇩ 29.8% vs 47 last year
Pending
20
61% pending ratio
Median Price
$285,475
⇩ 17.2% vs $344,950 last year
Average Price
$293,455
⇩ 14.8% vs $344,513 last year
Days on Market
46
⇧ 17.9% vs 39 days last year

Price Per Square Foot

Median $/sqft
$157
⇧ 8.3% vs $145/sqft last year
Median Home Size
1,792 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 47 last year
  • Days on market: 46 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $285,475 (-17.2% YoY)
  • Average: $293,455 (-14.8% 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 31.3 miles — 160 listings ($57,784,958 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54452Merrill, WI 544520.0 mi32$8,638,368$221,450$269,949
54411Athens, WI 5441116.8 mi9$5,616,801$356,225$624,089
54403Wausau, WI 5440317.4 mi32$10,870,240$310,600$339,695
54470Rib Lake, WI 5447019.0 mi5$840,270$164,225$168,054
54487Tomahawk, WI 5448720.4 mi51$22,021,290$339,675$431,790
54474Rothschild, WI 5447424.2 mi4$1,299,600$324,900$324,900
54471Ringle, WI 5447125.5 mi1$619,900$619,900$619,900
54480Stetsonville, WI 5448026.9 mi3$883,500$294,500$294,500
54424Deerbrook, WI 5442428.7 mi3$862,350$287,450$287,450
54485Summit Lake, WI 5448529.5 mi3$1,099,251$312,250$366,417
54405Abbotsford, WI 5440530.3 mi11$3,247,156$207,500$295,196
54513Brantwood, WI 5451330.9 mi2$347,400$173,700$173,700
54425Dorchester, WI 5442531.3 mi4$1,438,832$327,225$359,708

Frequently Asked Questions

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

As of April 2026, there are 33 active listings in MERRILL, WI (zip code 54452), compared to 47 the prior year.

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

The median listing price in MERRILL, WI 54452 is $285,475 as of April 2026, a 17.2% decrease from $344,950 the prior year.

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

Homes in MERRILL, WI 54452 spend an average of 46 days on the market before going under contract, compared to 39 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 April 2026, MERRILL, WI 54452 is currently a Balanced Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 39 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 $5,710 compared to a typical 5% commission on the median listing price of $285,475. 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.