Apartments for sale in Merrill, OR, USA

According to statistics, the population in Merrill, OR amounts to 715, which shows decline -13% compared to the previous year. The median age of the city’s residents is 42. The average household income is $40,685, shifting growth 2% from the past year, and the average property value in Merrill, OR decline -3% to $104,000 throughout the year.

Population	715
Median Age	41.8
Poverty Rate	28%
Household Income	$40,685
Number Of Employees	328
Median Property Value	$104,000

Household Income

The average household income in Merrill, OR grew from $40,060 to $40,685 in the past year. This data is an estimate based upon 289 households in Merrill, OR . The chart below presents how household income is distributed in Merrill, OR in comparison to the revenue allocation amid households nationally.

Property Value

According to data from last year, the average property value in Merrill, OR shifted from $107,400 to $104,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Merrill, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Merrill, OR properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.

Rent vs. Own

Property Taxes

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Merrill, OR compared to median property taxes around the country. The prevalent amount of property taxes in Merrill, OR equals $1150, which is less than the national average.

Housing Trends

How much does an apartment cost in Merrill, OR, USA

Average apartment sale in Merrill: $239,688 (-1.5%)

Apartment Size	Jan	vs Last Month
3-bed apartments	$272,500	+0%
4+ bed apartments	$185,000	+0%

During Jan 2023, the average price for an apartment in/near Merrill, OR decreased by 1.5% to $239,688.

Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $272,500. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $185,000 for a big-family home.

Listing Type	Jan	vs Last Month
Houses for sale	$239,688	-1.5%

Price reports demonstrate that house price decreased by 1.5% this month making it up to $239,688.

Median price for residential apartments in Merrill, OR as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.

9 Merrill, OR, USA apartments for sale

Merrill