Is Merritt, MI 49667 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Merritt is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Merritt housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Missaukee County, MI

Population	631
Median income	$45,500
Average income	$49,087
Median home value	$123,800
Median rent	$877/month
Owner-occupied	73% of homes
Median year built	1977

Natural hazard riskWinter storms (relatively high), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 49667; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 49667

Prefilled for 49667Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49667Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Falmouth 49632Balanced $171 /sq ft Lake City 49651Seller’s market $183 /sq ft Mc Bain 49657Seller’s market $165 /sq ft Browse all markets →

Where Merritt is

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Questions about Merritt real estate

What are property taxes in Merritt?

About 0.98% of a home’s value a year in Missaukee County, or roughly $3,920 on a $400,000 home.

Local agents

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More tools for 49667

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Missaukee County property taxes Missaukee County loan limits Closing costs in Michigan Hottest ZIP codes in Michigan

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology