Merrill, NY—12955
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Merrill, NY
As of Oct '25, the median home price in Merrill, NY is $189,000, with a year-over-year change of -1.0%. This indicates that home prices in Merrill, NY are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $189,000 | -1.0% |
| Single Family | $189,000 | -1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Merrill, NY
Merrill, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Merrill, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Merrill, NY is 122. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $102,000 | -59.0% |
Listing Count | 5 | 13.0% |
| Listings as % of Homes | N/A | 13.0% |
Days on Market | 122 | 22.0% |
Demographics — Merrill, NY
As of the latest ACS Survey released in 2023, Merrill, NY has a population of 494, which has increased by 29.7% over the past 5 years. Merrill, NY is a moderately popular place for families, as children make up 16.4% of the population. The area has a poorly educated workforce, with 23.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 494 | 29.7% |
% Under 18 | 16.4% | -53.0% |
% Seniors | 18.0% | 29.5% |
% WFH | 5.0% | -12.3% |
% w/ College Degree | 23.3% | -8.6% |
As of the latest ACS Survey released in 2023, Merrill, NY is a predominantly white area, with 98.2% of the population identifying as white. The white population has grown by 27.7% in the last 5 years. The second most common race or ethnicity in Merrill, NY is black, making up 1.0% of the population. Foreign-born residents account for 2.6% of the population in Merrill, NY, and this percentage has decreased by 38.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.2% | 27.7% |
% Black | 1.0% | ∞% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.6% | -38.1% |
Mortgage and Risk — Merrill, NY
Merrill, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Merrill, NY
Merrill, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Merrill, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $189,000 |
| Median Household Income | $73,200 |