Merriam Real Estate Market

Merriam Market

The median sale price for homes in Merriam over the last 12 months is $144,751.


The median mortgage debt is $131,971.

Additional Statistics for Single Family Homes and Condos in Merriam, KS
$152,510
Median Listing Price
56
Median Days on Market
46
Active Listings
6.5%
Distressed Listings
(foreclosures and short sales)
Merriam, KS Price Trends - Sold vs. Listed
The median list price in May for single family homes in Merriam is $156,750. The list prices increased by 1.16% from the previous month.

The price per square foot for listings in this area is $98.

The median sale price in December for single family homes is $138,750. The sale prices increased by 14.86% from the previous month.

The price per square foot for sales in this area is $44.

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Merriam, KS Market Inventory Trends

The number of active listings in Merriam dropped by 7% from the previous month.

The median number of days active properties have been listed is 56. This is significantly shorter than the national average.

The number of sales in December dropped by 42.9% from the previous month.

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Merriam, KS Property Ownership

The percent of unoccupied properties is very low in Merriam. It is -9.14% below the national average.

The percent of rental properties in Merriam is 17% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.