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MERRILL, OR 97633

Real Estate Market Report  ·  Klamath County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
6
⇧ 100% vs 3 last year
Pending
1
17% pending ratio
Median Price
$339,000
⇧ 100.6% vs $169,000 last year
Average Price
$387,400
⇧ 153.3% vs $152,967 last year
Days on Market
145
⇧ 133.9% vs 62 days last year

Market Context

Population: 1,526  ·  Density: 20.7/mi²  ·  Median household income: $56,286

Typical home value: $204,309  ·  Homeownership: 65.6%

Market Analysis

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

The MERRILL, OR real estate market (97633) currently shows 6 active listings, with 1 pending sales. Homes are averaging 145 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 145 days on market compared to 62 days last year.

The median listing price has risen 100.6% year-over-year, from $169,000 to $339,000.

Whether you are buying or selling in MERRILL, OR, 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: 6 this year vs 3 last year
  • Days on market: 145 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $339,000 (+100.6% YoY)
  • Average: $387,400 (+153.3% 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 61.3 miles — 417 listings ($213,502,095 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97633Merrill, OR 976330.0 mi6$2,324,400$339,000$387,400
97603Klamath Falls, OR 976039.4 mi115$46,478,860$365,000$404,164
96134Tulelake, CA 9613415.0 mi8$2,198,664$250,000$274,833
96023Dorris, CA 9602322.5 mi14$2,671,872$198,500$190,848
96058Macdoel, CA 9605827.4 mi6$23,475,000$2,930,000$3,912,500
97621Beatty, OR 9762136.3 mi4$3,810,000$367,500$952,500
97601Klamath Falls, OR 9760138.5 mi167$73,564,502$385,000$440,506
97624Chiloquin, OR 9762448.2 mi36$19,234,908$389,000$534,303
96015Canby, CA 9601551.4 mi1$1,450,000$1,450,000$1,450,000
96094Weed, CA 9609454.7 mi44$19,613,396$365,000$445,759
96054Lookout, CA 9605457.9 mi6$3,293,502$550,000$548,917
97522Butte Falls, OR 9752259.1 mi9$11,186,991$520,000$1,242,999
96108Davis Creek, CA 9610861.3 mi1$4,200,000$4,200,000$4,200,000

Frequently Asked Questions

How many homes are for sale in MERRILL, OR 97633?

As of January 2026, there are 6 active listings in MERRILL, OR (zip code 97633), compared to 3 the prior year.

What is the median home price in MERRILL, OR 97633?

The median listing price in MERRILL, OR 97633 is $339,000 as of January 2026, a 100.6% increase from $169,000 the prior year.

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

Homes in MERRILL, OR 97633 spend an average of 145 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in MERRILL, OR 97633?

Based on current inventory and days-on-market data as of January 2026, MERRILL, OR 97633 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 145 days on market compared to 62 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MERRILL, OR 97633 save an estimated $6,780 compared to a typical 5% commission on the median listing price of $339,000. 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.