Is Merrimac, WI 53561 a buyer’s or seller’s market?
Merrimac is a seller’s market. With about 3.2 months of supply and 46% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Merrimac housing market right now
In the three months ending August 31, 2026, 46% of homes in Merrimac, WI 53561 sold above their list price, the typical home went under contract in 61 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (49 days then) and the median sale price rose 34% to $564,756. Overall, Merrimac is more competitive than a year ago, so tougher for buyers.
Within Sauk County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell more often over asking than in 90%.
Nearby, buyers who want less competition could look at Rock Springs 53961 (0% sold over asking) or Hillpoint 53937 (0% sold over asking), while North Freedom 53951 (100% sold over asking) is even more competitive.
Run the numbers for 53561
Nearby markets
Baraboo 53913Seller’s market $177 /sq ftHillpoint 53937Buyer’s market $434 /sq ftLa Valle 53941Seller’s market $187 /sq ftLoganville 53943 — /sq ft Browse all markets →Towns like Merrimac nearby
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Questions about Merrimac real estate
Is Merrimac a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Merrimac, WI 53561 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Merrimac?
The typical home went under contract in 61 days in the latest three months.
Do homes in Merrimac sell over asking?
46% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Merrimac?
About 1.45% of a home’s value a year in Sauk County, or roughly $5,800 on a $400,000 home.
What is the median home price in Merrimac?
The median sale price was $564,756 in the three months ending August 31, 2026, about $251 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology