Cheap Homes in Merrill, WI

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Foreclosure Homes in Merrill, WI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Merrill, WI area at Get information on foreclosure homes for rent, how to buy foreclosures in Merrill, WI and much more. Save thousands at closing with home foreclosure listings in Merrill, WI — up to 75% off market value!

Top Reasons To Live In Merrill, WI In 2021

Merrill is located in Lincoln, Wisconsin, with an estimated municipal population of 9,048 residents. All of the best foreclosed homes for sale in Merrill are located in the following zip code areas on 54452. The estimated population per square kilometer (.62 miles) in Merrill is 465.

Cost Of Living In Merrill, WI

So, about how much do homes cost in Merrill? The most recent median value of resident-owned homes in Merrill is 84,850. An estimated 61.3 percent of households in Merrill own their homes, with an average family size of 2.6. The median household income in Merrill is 48,159, with13.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Merrill, the median commute time of resident workers (in minutes) is 18.5. And last, but certainly not least, are you looking for homes to rent in Merrill? If so, the average rent price paid by renters in Merrill is 637, according to recent statistics.

Diversity And Demographics In Merrill, Wisconsin

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Merrill, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Merrill is 42.5, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Merrill is 47.2, with an average family size of 2.6.

The percentage of residents who report their race in Merrill is as follows:

White 96.9%
Black / African American 0.6%
Asian 0.4%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 0%

Looking for family-friendly neighborhoods in and/or near Merrill? Or maybe you are searching for 55+ active adult communities in and/or near Merrill?

The percentage of residents who report their age in Merrill is as follows:

Under 10 9.2%
Aged 10-19 12.3%
20s 12.4%
30s 14.1%
40s 11.7%
50s 13.3%
60s 11.2%
70s 9%
80+ 6.8%

Best Schools In Merrill, Wisconsin

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Merrill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Merrill.

Pros And Cons Of Living In Merrill, Wisconsin

How do you know that living in -- or moving to -- Merrill is right where you need to be? Perhaps you grew up in Merrill or already live nearby; therefore, the decision to buy a home in Merrill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Merrill for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Merrill:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Merrill.

Reasons To Move To Merrill, Wisconsin, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Merrill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Merrill, meanwhile, can field multiple offers from more qualified buyers.


Listing types in Merrill, WI

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