Merrick, NY Home Values & Market Trends
Real estate market trends reflect that there have been 328 transactions over the past year in Merrick. The median value for residential home transactions that occurred over the previous year is $899,000. The number of current listings in Merrick is 512, and the percentage of properties for sale in the city is 512.00%. Merrick, NY currently has 115 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 512 properties for sale.
Merrick, NY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 11566 | $ 899,000 $ 505/sqft |
Housing Market Summary for Merrick, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $849K | $879K | 3.53% |
| Median Sold Price | $856.5K | $877.9K | 2.50% |
| Homes For Sale | 353 | 504 | 42.78% |
| Homes Sold | 145 | 55 | -62.07% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Merrick, NY
Browse Homes in Merrick, NY
Merrick home values range from $435,000 to $2,980,000. The median estimated value of a home in Merrick is $899,000. The median list price of a home is 879,000, and the total count of properties in the city is 796.
- Pre-ForeclosurePre-foreclosure homes account for 13.82% of all residential properties in Merrick, NY with 11566 containing 110 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Merrick, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,900,000 in 11566 to the lowest home value of $583,482 in 11566.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Merrick, NY ranges from the highest value of $715,000 in 11566 to the lowest value of $715,000 in 11566. Bank owned homes and properties account for 0.25% of properties in Merrick, NY. There is 1 zips within Merrick, NY; 11566 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions11566 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Merrick, NY. Auction homes and other auction properties account for 0.38% of all properties in Merrick, NY. There is 1 zips within Merrick, NY; of that zips, the median estimated home value for homes going to auction ranges from $1,100,000 in 11566 to the lowest value of $1,020,455 in 11566.
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Guide for Merrick, NY
New York Foreclosure Laws
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
