Home prices
The value of the median home in Merrill is $111,100. It is about $12,600 (10%) lower compared to the surrounding areas.In comparison to the entire country it is roughly $106,400 (48%) lower, and in comparison to the city of Sioux Falls it is approximately $78,700 (41%) lower.
Rents
The median rent in Merrill is $750 per month. In comparison to the surrounding areas this is is very similar.It is about $312 (29%) lower in comparison to the nation as a whole, and it is roughly $77 (9%) lower compared to the city of Sioux Falls.
Nearby places
Le Mars
Le Mars is approximately 5 miles northeast from Merrill. Its housing prices are a little more expensive. The median home in Le Mars costs $158,900, which works out to $47,800 (30%) higher than Merrill. The rent there is somewhat less expensive. The median rent in Le Mars is $649 per month, which comes out to $101 (15%) lower than Merrill.
Brunsville
Brunsville is about 5 miles north of Merrill. The housing prices there are a little less expensive. The value of the median home in Brunsville is $104,500, which is $6,600 (6%) lower than Merrill. Rents there are a bit more expensive. In Brunsville the median monthly rent is $825, which is $75 (9%) higher than Merrill.
Hinton
Hinton is about 6 miles south of Merrill. Housing prices there are substantially more expensive. The median home in Hinton is valued at $185,800, which is $74,700 (40%) higher than Merrill. Rent there is pretty similar. The median monthly rent in Hinton is $730, which is $20 (2%) lower than Merrill.
Struble
Struble is approximately 11 miles north from Merrill. Its real estate prices are somewhat less expensive. Struble's median home price is $94,300, which is $16,800 (17%) lower than Merrill. Rent there is fairly similar. The median rent in Struble is $758 per month, which is $8 (1%) higher than Merrill.
Craig
Craig is approximately 11 miles north from Merrill. Its housing prices are substantially less expensive. The median home in Craig costs $75,000, which comes out to $36,100 (48%) lower than Merrill. Rent there is pretty similar. Craig's median monthly rent is $775, which works out to $25 (3%) higher than Merrill.
