Merkel Real Estate Market Extends Weakening in Home Sales

A three-week rough patch for the overall sales trend continues in the Merkel market, with number of sales staying even at one over the last 30 days. As sales trended lower, prices have been increasing. The median sales price hit $133,000, extending an eight-week long spike. Merkel is still a strong buyer's market, despite the rising prices, with 21 months of inventory to choose from on top of the downward trend in sales.

If you aren't worried about the price tag of your dream home, these listings are the best Merkel has to offer:

$255K   $185K   $185K  

Get started right now by checking out Merkel homes for sale or reviewing Merkel real estate trends.

Demographic facts for Merkel:

  • The median age of the population is 37 years old.
  • The health cost index score in this area is 96.4. (100 = national average)
  • The area's commuter length breakdown is: <15 min (43.2%), 15-29 min (32.9%), 30-44 min (16.6%), 45-59 min (0.7%), >60 min (6.5%).

Data reported through 10/12/2016

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