Home prices
The median home in Merrimac costs $211,400. In comparison to other places in this area it is about $11,100 (5%) higher.It is about $6,100 (2%) lower in comparison to the entire country, and it is roughly $55,100 (35%) higher in comparison to the city of Greensboro.
Rents
Merrimac's median rent is $662 per month. In comparison to nearby areas it is about $235 (26%) lower.It is approximately $400 (37%) lower compared to the nation as a whole, and compared to the city of Greensboro is about $215 (24%) lower.
Nearby places
Blacksburg
Blacksburg is Merrimac's neighbor to the north. The real estate prices there are a bit more expensive. The median home in Blacksburg is valued at $298,400, which comes out to $87,000 (29%) higher than Merrimac. Rents there are a lot more expensive. The median rent in Blacksburg is $1,107 per month, which is $445 (40%) higher than Merrimac.
Christiansburg
Christiansburg is Merrimac's neighbor to the south. Housing prices there are a little less expensive. The median home price in Christiansburg is $190,000, which comes out to $21,400 (11%) lower than Merrimac. Rents there are somewhat more expensive. The median monthly rent in Christiansburg is $910, which is $248 (27%) higher than Merrimac.
Prices Fork
Prices Fork is approximately 3 miles west of Merrimac. The housing prices there are a little more expensive. The median home in Prices Fork costs $265,000, which comes out to $53,600 (20%) higher than Merrimac. Its rents are a lot more expensive. In Prices Fork the median rent is $1,044 per month, which is $382 (36%) higher than Merrimac.
Belview
Belview is roughly 4 miles west from Merrimac. Housing prices there are substantially less expensive. The value of the median home in Belview is $156,300, which is $55,100 (35%) lower than Merrimac. The rent there is a little more expensive. The median rent in Belview is $734 a month, which is $72 (9%) higher than Merrimac.
Plum Creek
Plum Creek is approximately 5 miles southwest of Merrimac. Its housing prices are substantially less expensive. The median home value in Plum Creek is $91,800, which is $119,600 (130%) lower than Merrimac. Rents there are fairly similar. The median monthly rent in Plum Creek is $692, which comes out to $30 (4%) higher than Merrimac.
