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Median Home Price in Merrill, WI

The median home value in Merrill, WI is $227,366 as of 2026-07-31, up 6.57% from a year earlier.

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Median Home Value

$227,366

Year-over-Year

+6.57%

Population

9,006

Merrill ranks #118 of 124 Wisconsin cities tracked here by median home value, and sits 35.3% below the state's city median of $351,517. It sits in Lincoln County, where the county-wide median is $248,220.

Housing affordability in Merrill

Median household income in Merrill is $53,148, so the typical home value is about 4.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Merrill

Merrill police recorded a violent crime rate of 200 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 2,421 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Merrill

What is the average home price in Merrill, WI?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Merrill, that value is $227,366. That's up 6.57% from a year earlier. It is about 35.3% below the typical Wisconsin city tracked here.

Is Merrill expensive compared to the surrounding area?

Homes in Merrill are cheaper than Lincoln County as a whole, where the median is $248,220 — a difference of about 8.4%.

Is Merrill affordable?

Median household income here is $53,148, so the typical home value is about 4.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Merrill a safe place to live?

Merrill police reported 200 violent crimes per 100,000 residents, covering a population of about 9,006. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.