The median home in Merrill, Iowa is valued at $256,381, up 3.2% year over year.

Home Value$256,381

+3.2%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$51,276 on $256,381

Example: $75,000 household income. Change it above to see your own.

Stretch28.5% of income

Above 28% but manageable with cuts.

PITI$1,782

P/I28.5%

Afford$252K

Gap-$5K

P&I $1,296Tax $335Ins $150

6.50% 30yr, 20% down, county tax + IA ins. 28% per HUD.

Other cities in Iowa

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Merrill, IA