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ZIP 51038 in Merrill, IA: housing market trends

The median home sale price in ZIP 51038 in Merrill, IA was $242,929 for the three-month period ending September 2026. Sale prices were 9.2% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$242,929
three-month period ending September 2026
Median sale price per sq ft
$131.68
three-month period ending September 2026
Active listings
5
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 5 active listings for the three-month period ending September 2026. Active listings were 25.0% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 47 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 51038 in Merrill, IA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$242,929$131.683 · small sample
Single-familySeptember 2026$242,939$131.683 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 51038 in Merrill, IA
MarketMedian sale priceReporting period / source
Merrill, IA$228,8913 months ending September 2026 · Redfin
Hinton, IA$338,8393 months ending September 2026 · Redfin
Le Mars, IA$244,3843 months ending September 2026 · Redfin
Sioux City, IA$230,880Month ending July 2026 · Zillow
Akron, IA$198,9053 months ending September 2026 · Redfin
Westfield, IA$169,9193 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 51038 in Merrill, IA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$242,929$131.685
August 2026$243,000$131.716
July 2026$331,500$133.048
June 2026$298,500$120.326
May 2026$397,500$123.595
April 2026$290,500$110.396
March 2026$230,000$112.794
February 2026$217,500$116.875
January 2026$203,500$102.526
December 2025$115,000$87.726
November 2025$170,000$113.649
October 2025$185,000$115.525
September 2025$222,500$113.644
August 2025$240,750$113.333
July 2025$240,750$120.402
June 2025$216,250$125.243
May 2025$216,250$125.243
April 2025$138,000$118.152
March 2025$325,000$143.521
February 2025$325,000$143.523
January 2025$325,000$143.524
December 2024$313,250$128.314
November 2024$313,250$128.315
October 2024$545,000$157.734

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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