Merritt, MI 49667 housing market
Data through Sep 2026 · Balanced market · leverage 21
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Buyer Leverage Score
21
Sep 2026
Months of Supply
1.5 months
Jul 2026
Days on Market
58 days
Sep 2026
Price Cut %
100%
Sep 2026
Sale-to-List Ratio
99.0%
Jul 2026
Expected Disaster Loss
$87
Dec 2025
What this means
- Supply. Listings are 70% below the 2017-19 norm and rising (+100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (21/100; U.S.: 54): homes sell for about 1.0% below their final list price (as of Jul 2026); 100% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $87 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Missaukee County, MI
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Lake City, MI 49651 | $221.6K | +7.7% | 34 |
| McBain, MI 49657 | $241.3K | +9.9% | 53 |
| Falmouth, MI 49632 | $191.1K | +8.2% | 28 |