Is Merrillan, WI 54754 a buyer’s or seller’s market?
Merrillan is a buyer’s market. With about 10.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Merrillan housing market right now
In the three months ending August 31, 2026, 0% of homes in Merrillan, WI 54754 sold above their list price, the typical home went under contract in 162 days and there were 10.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (61 days then) and the median sale price rose 210% to $479,792. Overall, Merrillan is less competitive than a year ago, which gives buyers more room.
Within Jackson County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Melrose 54642 (40% sold over asking) and Hixton 54635 (33% sold over asking) are even more competitive.
Run the numbers for 54754
Nearby markets
Alma Center 54611Buyer’s market $137 /sq ftBlack River Falls 54615Seller’s market $163 /sq ftHixton 54635Buyer’s market $110 /sq ftMelrose 54642Seller’s market $152 /sq ft Browse all markets →Towns like Merrillan nearby
Find towns like Merrillan in other states →Where Merrillan is
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Questions about Merrillan real estate
Is Merrillan a buyer’s or seller’s market?
A buyer’s market: there were 10.7 months of supply in Merrillan, WI 54754 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 Merrillan?
The typical home went under contract in 162 days in the latest three months.
Do homes in Merrillan sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.4% of the list price.
What are property taxes in Merrillan?
About 1.39% of a home’s value a year in Jackson County, or roughly $5,560 on a $400,000 home.
What is the median home price in Merrillan?
The median sale price was $479,792 in the three months ending August 31, 2026, about $208 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