Data as of February 2026. Source: Realtor.com.
The MERLIN, OR real estate market (97532) currently shows 11 active listings, with 3 pending sales. Homes are averaging 81 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 81 days on market compared to 89 days last year.
The median listing price has risen 7.4% year-over-year, from $644,500 to $692,500.
Whether you are buying or selling in MERLIN, OR, 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: 2,580 · Density: 11.8/mi² · Median household income: $74,837
Typical home value: $362,957 · Homeownership: 81.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97532 | Merlin, OR 97532 | 0.0 mi | 12 | $8,358,960 | $672,000 | $696,580 |
| 97543 | Wilderville, OR 97543 | 12.8 mi | 3 | $1,937,001 | $550,000 | $645,667 |
| 97527 | Grants Pass, OR 97527 | 16.5 mi | 133 | $87,571,589 | $534,950 | $658,433 |
| 97538 | Selma, OR 97538 | 18.7 mi | 20 | $19,231,540 | $600,000 | $961,577 |
| 97537 | Rogue River, OR 97537 | 23.0 mi | 29 | $16,662,965 | $599,000 | $574,585 |
| 97469 | Riddle, OR 97469 | 26.2 mi | 16 | $10,299,536 | $499,900 | $643,721 |
| 97544 | Williams, OR 97544 | 28.5 mi | 11 | $11,455,279 | $749,500 | $1,041,389 |
| 97523 | Cave Junction, OR 97523 | 31.0 mi | 46 | $20,131,210 | $398,500 | $437,635 |
| 97466 | Powers, OR 97466 | 32.9 mi | 7 | $2,176,041 | $267,000 | $310,863 |
| 97503 | White City, OR 97503 | 33.5 mi | 46 | $35,278,734 | $354,000 | $766,929 |
| 97502 | Central Point, OR 97502 | 34.2 mi | 73 | $44,480,287 | $487,500 | $609,319 |
| 97481 | Tenmile, OR 97481 | 38.2 mi | 1 | $420,000 | $420,000 | $420,000 |
| 97432 | Dillard, OR 97432 | 38.3 mi | 1 | $149,000 | $149,000 | $149,000 |
As of February 2026, there are 11 active listings in MERLIN, OR (zip code 97532), compared to 12 the prior year.
The median listing price in MERLIN, OR 97532 is $692,500 as of February 2026, a 7.4% increase from $644,500 the prior year.
Homes in MERLIN, OR 97532 spend an average of 81 days on the market before going under contract, compared to 89 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MERLIN, OR 97532 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 81 days on market compared to 89 days last year.
With SELL123.com's maximum 3% commission, sellers in MERLIN, OR 97532 save an estimated $13,850 compared to a typical 5% commission on the median listing price of $692,500. 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.