There are currently 76 real estate properties in MERRIMAC, WI, with a median automated valuation model (AVM) price of $413,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in MERRIMAC, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in MERRIMAC, WI, is $453,796.00, with the most expensive house in MERRIMAC, WI, topping out at $1,244,700.00 and the cheapest home in MERRIMAC, WI, clocking in at $69,300.00. In other words, there’s something for every potential homebuyer or savvy investor in MERRIMAC, WI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in MERRIMAC, WI, is on a rollercoaster ride. The average rent price in MERRIMAC, WI, is $1,752.00. Indeed, when looking to rent in MERRIMAC, WI, you can expect to pay as little as $1,090.00 or as much as $2,250.00, with the average rent median estimated to be $1,790.00. The good news is that finding an affordable and desirable property to rent in MERRIMAC, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.