Active Listings
3
⇧ 50% vs 2 last year
Data as of February 2026. Source: Realtor.com.
The MERRILL, IA real estate market (51038) currently shows 3 active listings, with 1 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 58 days on market compared to 176 days last year.
The median listing price has fallen 6.9% year-over-year, from $330,000 to $307,125.
Whether you are buying or selling in MERRILL, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 1,763 · Density: 7.6/mi² · Median household income: $90,625
Typical home value: $177,227 · Homeownership: 84.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51038 | Merrill, IA 51038 | 0.0 mi | 2 | $530,500 | $265,250 | $265,250 |
| 51031 | Le Mars, IA 51031 | 9.6 mi | 17 | $5,775,903 | $300,000 | $339,759 |
| 51109 | Sioux City, IA 51109 | 11.1 mi | 4 | $1,047,900 | $261,975 | $261,975 |
| 51104 | Sioux City, IA 51104 | 12.6 mi | 50 | $14,636,300 | $269,500 | $292,726 |
| 51103 | Sioux City, IA 51103 | 14.3 mi | 34 | $8,566,810 | $182,450 | $251,965 |
| 51101 | Sioux City, IA 51101 | 15.1 mi | 1 | $199,995 | $199,995 | $199,995 |
| 57049 | North Sioux City, SD 57049 | 15.9 mi | 34 | $21,666,602 | $485,000 | $637,253 |
| 51106 | Sioux City, IA 51106 | 16.8 mi | 58 | $17,237,484 | $240,000 | $297,198 |
| 51028 | Kingsley, IA 51028 | 18.0 mi | 4 | $2,293,200 | $514,900 | $573,300 |
| 57025 | Elk Point, SD 57025 | 19.0 mi | 6 | $1,902,000 | $319,000 | $317,000 |
| 51050 | Remsen, IA 51050 | 19.7 mi | 3 | $831,000 | $277,000 | $277,000 |
| 51007 | Bronson, IA 51007 | 21.9 mi | 1 | $124,500 | $124,500 | $124,500 |
| 51023 | Hawarden, IA 51023 | 22.3 mi | 6 | $2,146,560 | $234,000 | $357,760 |
As of February 2026, there are 3 active listings in MERRILL, IA (zip code 51038), compared to 2 the prior year.
The median listing price in MERRILL, IA 51038 is $307,125 as of February 2026, a 6.9% decrease from $330,000 the prior year.
Homes in MERRILL, IA 51038 spend an average of 58 days on the market before going under contract, compared to 176 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MERRILL, IA 51038 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 176 days last year.
With SELL123.com's maximum 3% commission, sellers in MERRILL, IA 51038 save an estimated $6,143 compared to a typical 5% commission on the median listing price of $307,125. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.