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MI area data

Merritt, MI

Merritt, MI.

Population: 631 (Census ACS)

The median home value in Merritt, MI is $123,800. Homes sell for a median $175,000 after a median 37 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with winterweather the top-rated hazards. Cost of living is 3.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$123,800

Median home value

37

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$123,800
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$175,000
Median list price
$234,900
Median price per sqft
$127
1-year sale-price change
-19.5%
Median days on market
37 days
Homes sold (recent period)
4
Sale-to-list ratio
100.2%
Active listings
1

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
winterWeather
Notable hazard ratings (county)
coldWave: Relatively Low · hail: Relatively Low · lightning: Relatively Low · strongWind: Relatively Low · winterWeather: Relatively Moderate
Wildfire risk to homes (county)
Higher than 25% of US counties
Buildings in wildfire direct-exposure zone
72.7%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Northernaire Plating (23.6 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
56.0°F
Average low
33.0°F
Annual precipitation
34.5 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
35
Days with Good air quality
337
Days with Moderate air quality
28
Highest AQI recorded (year)
84

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

Airports within 30 mi
14
Nearest airport
Houghton Lake State Airport (8 mi)
Nearest major airport
Cherry Capital Airport (TVC) (42 mi)
Hospitals nearby (~15 mi)
6
Hospitals include
MUNSON HEALTHCARE GRAYLING HOSPITAL, MUNSON HEALTHCARE CADILLAC HOSPITAL, MYMICHIGAN MEDICAL CENTER CLARE
Avg hospital rating (CMS)
3.5 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1,977
Housing built before 1970
34.9%
Housing built 2000 or later
19.1%
Median annual property tax
$1,245
Mean commute to work
32 min
Households with broadband internet
27.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
3,509
Average weekly wage
$879
Top industries (by employment)
Agriculture, Construction, Accommodation & Food
Annual residential building permits (county)
35

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

MerrittState medianUS median
Median sale price$175,000$265,000$325,000
Median days on market37 days36 days51 days
Median annual property tax$1,245$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Merritt, MI?
$123,800.
What is the median sale price in Merritt, MI?
$175,000.
How long do homes take to sell in Merritt, MI?
Median days on market: 37 days.
What is the natural-hazard risk in Merritt, MI?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: winterWeather.
What is the wildfire risk in Merritt, MI?
Risk to homes is higher than 25% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Merritt, MI?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Merritt, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the air quality in Merritt, MI?
Good. Median AQI: 35. (EPA AQI).
What is the cost of living in Merritt, MI?
Regional Price Parity: 96.2 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Merritt

Selling a home in Merritt, MI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents