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Merrill, OR real estate

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Merrill real estate Market Report.

Information and statistics on the latest trends in the Merrill real estate market. *

Quarterly Pricing Trends for Merrill

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Merrill Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $165K Median sale price in Oct 2021 - Dec 2021: $180K Median sale price in Jan 2022 - Mar 2022: $195K Median sale price in Apr 2022 - Jun 2022: $205K Median sale price in Jul 2022 - Sep 2022: $217K Median sale price in Oct 2022 - Dec 2022: $242K Median sale price in Jan 2023 - Mar 2023: $270K Median sale price in Apr 2023 - Jun 2023: $266K Median sale price in Jul 2023 - Sep 2023: $360K Median sale price in Jan 2024 - Mar 2024: $242K Median sale price in Apr 2024 - Jun 2024: $120K Median sale price in Jan 2025 - Mar 2025: $195K Median sale price in Apr 2025 - Jun 2025: $158K Median sale price in Jul 2025 - Sep 2025: $256K Median sale price in Oct 2025 - Dec 2025: $145K Median sale price in Jan 2026 - Mar 2026: $380K Median list price in Jul 2021 - Sep 2021: $183K Median list price in Jan 2022 - Mar 2022: $184K Median list price in Apr 2022 - Jun 2022: $185K Median list price in Jul 2022 - Sep 2022: $265K Median list price in Oct 2022 - Dec 2022: $289K Median list price in Jan 2023 - Mar 2023: $266K Median list price in Apr 2023 - Jun 2023: $324K Median list price in Jul 2023 - Sep 2023: $227K Median list price in Oct 2023 - Dec 2023: $270K Median list price in Jan 2024 - Mar 2024: $120K Median list price in Apr 2024 - Jun 2024: $36K Median list price in Jul 2024 - Sep 2024: $130K Median list price in Oct 2024 - Dec 2024: $163K Median list price in Jan 2025 - Mar 2025: $284K Median list price in Apr 2025 - Jun 2025: $225K Median list price in Jul 2025 - Sep 2025: $149K Median list price in Oct 2025 - Dec 2025: $355K Median list price in Jan 2026 - Mar 2026: $263K Median list price in Apr 2026 - Jun 2026: $369K Jul 2021 - Sep 2021 Median sale price $165K Median list price $183K Oct 2021 - Dec 2021 Median sale price $180K Median list price Unknown Jan 2022 - Mar 2022 Median sale price $195K Median list price $184K Apr 2022 - Jun 2022 Median sale price $205K Median list price $185K Jul 2022 - Sep 2022 Median sale price $217K Median list price $265K Oct 2022 - Dec 2022 Median sale price $242K Median list price $289K Jan 2023 - Mar 2023 Median sale price $270K Median list price $266K Apr 2023 - Jun 2023 Median sale price $266K Median list price $324K Jul 2023 - Sep 2023 Median sale price $360K Median list price $227K Oct 2023 - Dec 2023 Median sale price Unknown Median list price $270K Jan 2024 - Mar 2024 Median sale price $242K Median list price $120K Apr 2024 - Jun 2024 Median sale price $120K Median list price $36K Jul 2024 - Sep 2024 Median sale price Unknown Median list price $130K Oct 2024 - Dec 2024 Median sale price Unknown Median list price $163K Jan 2025 - Mar 2025 Median sale price $195K Median list price $284K Apr 2025 - Jun 2025 Median sale price $158K Median list price $225K Jul 2025 - Sep 2025 Median sale price $256K Median list price $149K Oct 2025 - Dec 2025 Median sale price $145K Median list price $355K Jan 2026 - Mar 2026 Median sale price $380K Median list price $263K Apr 2026 - Jun 2026 Median sale price Unknown Median list price $369K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
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Seller’s Market
Seller’s Market
Buyer’s Market
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25
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75
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Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jun 2026 - Aug 2026).

Inventory in Merrill is extremely tight in this rolling three-month view, with only 3 active listings and just 1 new listing, down nearly 80 percent from a year ago. Homes sold have also fallen sharply year over year, with closed sales down about two-thirds. Even with fewer closings, there are 4 pending sales, showing that the limited supply still finds committed buyers.

Pricing has reacted strongly to these constraints, with the typical home value over the past three months up about 80 percent from a year earlier and the median list price rising more than 140 percent year over year. At the same time, months of supply has dropped to just 1.6 months compared with much higher levels last year, underscoring how few options buyers have relative to demand.

Homes are taking longer to sell, with the median days on market up to 70 days in this period, but sellers are still achieving stronger results, as about half of recent sales closed above the list price and the average sale-to-list ratio has climbed to nearly 100 percent. Around a quarter of homes are going off the market within two weeks, so desirable properties can still move quickly. Whether you are a buyer trying to compete in low inventory or a seller aiming to maximize your position, Agent Pronto can connect you with a Merrill agent who understands these conditions.



Learn more about what Merrill has to offer.

Merrill offers residents a tight-knit community with friendly neighbors, easy access to outdoor recreation, and essential local services that make everyday life convenient and rewarding.

Merrill offers a quieter, more close-knit alternative to nearby Klamath Falls, with a strong agricultural identity and wide open views of the Klamath Basin National Wildlife Refuges. Daily life revolves around the fields, the high school schedule, and community traditions like local sports and festivals, giving residents a sense of continuity that larger towns often lack.

Families appreciate the small scale of Merrill Elementary School and the broader Klamath County School District, where teachers and staff tend to know students by name. In town, you will find essentials, local dining, and places to catch up with neighbors, while broader shopping and services are within an easy drive to Klamath County and Medford.

Outdoor enthusiasts benefit from quick access to Tule Lake National Wildlife Refuge for birding and hunting, and day trips to Crater Lake National Park or recreation near Upper Klamath Lake. The pace allows time to enjoy front porches, Friday night games, and community events that define Merrill’s local character.

Whether you are considering relocating to Merrill or already own property here, timing and preparation are essential in a small market where good homes do not come up every day. Agent Pronto can connect you with a knowledgeable local real estate agent who understands Merrill’s rhythms and can help both buyers and sellers plan their next move with confidence.

Find your Merrill real estate agent today →


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“Our experience with Bend Relo was exceptional. Every part if the transaction was handled with professionalism and consideration for our needs.”

John Jacobsen · Bend, OR

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Bend Relo at eXp Realty
“Emerald made the home-buying process very easy for us.”

Alicia Martin · Rogue River, OR

Photo of Emerald Burton
eXp Realty
“We had listed our property before. But finding Candice Anderson meant a lot to us. We had felt that previous realtors were interested primarily in a quick return on their time. But Candice hung in there and was patiently working to find the right buyers, who would fall in love with our unique custom home. She was a pleasure to work with, and she produced the results we needed. She was professional, patient, and a great help to us throughout the entire process. We highly recommend her.”

Jim & Orisya · Bend, OR

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John L. Scott Real Estate John L. Scott
“Thanks for your patience and support throughout this process. I know we drug you into some crazy and questionable homes that were listed but we laughed at it together and kept moving forward. Thanks for a great experience.”

Ryan Junker · La Pine, OR

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Bend Premier Real Estate
“We couldn’t be happier with our experience working with Ann! From start to finish, she guided us through both selling our home and buying our new one with professionalism, knowledge, and genuine care. She was always responsive, patient, and incredibly thorough. Her expertise and attention to detail gave us complete confidence every step of the way. We’re so grateful for Ann's support and would highly recommend her to anyone looking to buy or sell their home.”

Jen S · Bend, OR

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RE/MAX Key Properties
“Kassidy is an amazing professional with the endless array of knowledge that helped support me with all my real estate needs from beginning to end and beyond. She goes above and beyond to help support, like family, rather then clients. Kassidy stays calm while remaining a pillar of strength. In any situation, I thought was a crisis, she continued to remind me it would be ok and it always was. I tell everyone about Kassidy's professionalism and that she's the best agent and person I know. I recommend her to anyone who is even considering a real estate venture as she is a rare treasure.”

Audra Kenyon · Phoenix, OR

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Oregon Adventure Realty
“Jacob was attentive, knowledgeable, and timely. He and his team marketed our property efficiently, and were able to get us top dollar for the sale of our home. I would definitely recommend Jacob and his team, The Montoya Group to anyone looking to buy or sell in Central Oregon.”

Nathan · Powers, OR

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Engel & Völkers Bend
“Shai was a real pleasure to work with! He and his realtor partner Ryan were both very professional at all times and kept us informed of what was going on. Any questions we had were answered quickly. We will definitely recommend them! If you are wanting great realtors, and hoping to get your home sold fast, then these are your go-to guys!! Great job Shai and Ryan!!”

Eva R. · Coos Bay, OR

Photo of Shai Cancino
Pacific Properties
“I had a professional experience working with Kat. She helped me overcome many issues and made the whole sale comfortable. I thank her for always answering my questions and helping me sell this property...Very happy with the whole process, especially since I was in California and the property was in Oregon. Thank you, Kat.”

Saundralee R. · Myrtle Creek, OR

Photo of Kat Puchta
Stellar Real Estate Concepts
“Chuck was fantastic!!!! He helped me and my wife through all of the "sometimes stressful" process of buying a home. While I never met Chuck in person, he made me feel like he was right there the whole time always getting the info we needed in a very timely way. I would highly recommend him to anyone who wishes to purchase a home. I have bought and sold a few homes in my life, and I feel that I could trust Chuck at all times. ”

David T. · Cave Junction, OR

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Worthland Real Estate
“Ms. Lu was very patient and met all of our needs. As we are in Florida and sold our home in Oregon, her actions as our Relator were above-and-beyond!”

Jim H. · Klamath Falls, OR

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Keller Williams Infinity Real Estate Group

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Merrill. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.