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Is Merkel, TX 79536 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Merkel is a buyer’s market. With about 17.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply17.4Under 4 months = seller’s market
Sold above original list42.8%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$157▲ +10.8% vs. last year

The Merkel housing market right now

In the three months ending August 31, 2026, 43% of homes in Merkel, TX 79536 sold above their list price, the typical home went under contract in 47 days and there were 17.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold faster (101 days then) and the median sale price held steady to $264,885. Overall, Merkel is more competitive than a year ago, so tougher for buyers.

Within Taylor County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Tye 79563 (0% sold over asking) or Ovalo 79541 (0% sold over asking).

Run the numbers for 79536

Prefilled for 79536Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79536Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Abilene 79602Seller’s market $194 /sq ftAbilene 79603Seller’s market $134 /sq ftAbilene 79605Seller’s market $143 /sq ftAbilene 79606Seller’s market $192 /sq ft Browse all markets →

Towns like Merkel nearby

Find towns like Merkel in other states →
Clyde, TX79510 · 28 miles away79% similarlarger · older residents Hawley, TX79525 · 14 miles away66% similarsmaller · older residents Baird, TX79504 · 36 miles away63% similarsmaller · older residents Roby, TX79543 · 31 miles away61% similarcheaper homes ($65K less) · smaller

Where Merkel is

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Questions about Merkel real estate

Is Merkel a buyer’s or seller’s market?

A buyer’s market: there were 17.4 months of supply in Merkel, TX 79536 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 Merkel?

The typical home went under contract in 47 days in the latest three months.

Do homes in Merkel sell over asking?

43% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Merkel?

About 1.37% of a home’s value a year in Taylor County, or roughly $5,480 on a $400,000 home.

What is the median home price in Merkel?

The median sale price was $264,885 in the three months ending August 31, 2026, about $157 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