Merrill, OR housing market
The typical Merrill home is worth about $241,000, up 2.8% in a year, 51% below the Oregon typical home.
Home values, sales, trends and how Merrill compares with the towns next door — updated as new data is published.
Merrill at a glance
Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Merrill | Oregon |
|---|---|---|
| 2017 | $116,000 | $313,000 |
| 2018 | $125,000 | $337,000 |
| 2019 | $139,000 | $354,000 |
| 2020 | $153,000 | $369,000 |
| 2021 | $173,000 | $411,000 |
| 2022 | $207,000 | $480,000 |
| 2023 | $220,000 | $490,000 |
| 2024 | $225,000 | $495,000 |
| 2025 | $231,000 | $504,000 |
| 2026 | $235,000 | $500,000 |
| August 2026 | $241,000 | $496,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,110
HUD's Fair Market Rent for a two-bedroom in Merrill is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Merrill pay a median of $678, so moving in tends to cost more than staying put.
Studio $770 · 4 bedrooms $1,860
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97633; Klamath County, OR), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Merrill
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, February 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.