A typical Merrifield home is worth about $459,000
Up 4.4% in a year, 31% above the Minnesota typical home.
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Merrifield?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Merrifield
Try your own numbers below.
That’s $118K short of a typical Merrifield home.
A two-bedroom rents for about $1,100 a month here, $1,700 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 32.3% in five years
Faster than Minnesota (14.1%).
Show as a table
| January | Merrifield | Minnesota |
|---|---|---|
| 2017 | $246,000 | $217,000 |
| 2018 | $249,000 | $232,000 |
| 2019 | $262,000 | $246,000 |
| 2020 | $273,000 | $259,000 |
| 2021 | $308,000 | $282,000 |
| 2022 | $363,000 | $313,000 |
| 2023 | $413,000 | $325,000 |
| 2024 | $426,000 | $331,000 |
| 2025 | $437,000 | $341,000 |
| 2026 | $443,000 | $349,000 |
| August 2026 | $459,000 | $351,000 |
A typical Merrifield home worth $244K in September 2016 is worth about $459K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $1,100
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Crow Wing County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Merrifield vs. its neighbors
The towns that share a border with Merrifield. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Merrifield | $459K | +4.4% | $1,100 | $39,572 |
| Lake Edward | $386K* | +4.8%† | $1,130 | $82,292 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Merrifield buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.