Merrick County, NE Home Values & Market Trends

The median home price in Merrick County, NE is $213,616. There were 145 home sales in Merrick County, NE over the past 12 months. The median residential Merrick County, NE home value for transactions over the previous year is $160,000. The number of current listings in Merrick County, NE is 59, and the percentage of properties for sale is 59.00%. The county has 7 foreclosures, 2 bank owned properties, 3 headed for auction, and 59 properties for sale.

Merrick County, NE Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Central City

$ 219,739

$ 141/sqft

Clarks

$ 134,246

$ 94/sqft

Palmer

$ 210,931

$ 177/sqft

Chapman

$ 187,344

$ 114/sqft

Silver Creek

$ 98,729

$ 84/sqft

Archer

$ 399,795

$ 157/sqft

Housing Market Summary for Merrick County, NE

Sep 2025September 2026Change
Median Listing Price$254K$254K-
Median Sold Price$209.3K$198.4K-5.19%
Homes For Sale475823.40%
Homes Sold275085.19%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Merrick County, NE

Merrick County, NE home values range from $43,813 to $716,871. Palmer is the priciest city with a median listing home price of $270,000, and Silver Creek is most affordable with average house prices of around $74,000.

Foreclosure
There are 6 cities within Merrick County, NE; within these cities, the median estimated home value for homes in foreclosure ranges from $201,401 in Silver Creek to the lowest value of $82,509 in Silver Creek. Foreclosure homes account for 5.00% of properties in Merrick County, NE with Central City containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.65% of all residential properties in Merrick County, NE with Central City containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Merrick County, NE; of those cities, the estimated home value for pre-foreclosure homes ranges from $143,434 in Central City to the lowest home value of $96,739 in Central City.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Merrick County, NE ranges from the highest value of $82,509 in Central City to the lowest value of $82,509 in Silver Creek. Bank owned homes and properties account for 1.65% of properties in Merrick County, NE. There are 6 cities within Merrick County, NE; Silver Creek containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Chapman has 1 auction properties, the highest number of properties going to auction in a single city in the state of Merrick County, NE. Auction homes and other auction properties account for 2.48% of all properties in Merrick County, NE. There are 6 cities within Merrick County, NE; of those cities, the median estimated home value for homes going to auction ranges from $201,401 in Central City to the lowest value of $94,163 in Central City.
Homes for Sale
Homes and properties that are actively listed for sale account for 48.76% of residential properties in Merrick County, NE with Central City containing 34 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Merrick County, NE; homes for sale in those cities, have a range of median values from $399,795 in Archer to the lowest value of $70,000 in Silver Creek.
    Sold Homes
    The median value for recently sold homes ranges from $190,598 in Chapman to the lowest price of $43,813 in Chapman. There are 6 cities within Merrick County, NE. Central City has 33 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 39.67% of properties in Merrick County, NE.

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      Guide for Merrick County, NE

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.