Unshakable ZIP Data 51038 | Merrill, IA Housing Market
Merrill · Plymouth County · Iowa · Data updated June 19, 2026
The median sale price in ZIP 51038, Merrill, Iowa is $397,382 at $124 per square foot. 2 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 8 days on market with 3.2 months of supply. Sellers are getting 103.3 percent of list price and 100.0 percent of homes sold above asking.
Balanced market.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $284,007 | |
| Average price per sq ft | $88 | |
| Median sale price | $397,382 | |
| Median sale price per sq ft | $124 | |
| Median home size | 3,215 sq ft | |
| Median new listing price | $415,449 | +139.1% |
| National size rank | 18,805 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 2 | +3.0% |
| Median days on market | 8 days | |
| Months of supply | 3.2 months | |
| New listings | 3 | +52.3% |
| Active listings | 5 | +68.8% |
| Pending sales | 2 | +1.4% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 103.3% | +10.4 pts |
| Share sold above list | 100.0% | +100.0 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$199,492
3-bedroom
$272,397
4-bedroom
$353,086
These figures describe the single-family market for Merrill, Iowa ZIP 51038. They are market context, not a substitute for sold comps or a formal appraisal.