Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$228,260+2.7% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 11% have cut their price
Income needed to buy, per year$49,482About 0.7× the local median income ($73,291): affordable for a typical household
Days on market89 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.6%Zillow expects prices to rise slightly
The typical home in Merrick County, NE is worth $228,260, up 2.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $189,839, so the area is 20.2% overvalued. It is a balanced market: homes take about 89 days to sell, listings are down 4% from a year ago, 11% of listings have had a price cut. Zillow expects prices to rise about 2.6% over the next year. A household needs about $49,482 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,291. In the latest IRS figures, 46 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$228,260
Change in 1 year
+2.7%
Overvalued %
+20.2%
Show 7 more
Fair home value
$189,839
Change in 5 years
+31.8%
Zillow forecast, next 12 months
+2.6%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$1,237
Income needed to afford it
$49,482
Property tax rate
1.30%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−4.3%
Days on market
89
Listings with a price cut
11.4%
Show 3 more
Homes for sale
22
Pending sales per 100 listings
5
Asking price per sq ft
$108
People and jobs
Median household income
$73,291
Population change (1 year)
+0.8%
Unemployment rate
0.4%
Show 4 more
Population
7,905
Income adjusted for cost of living
$84,534
Net moves in (IRS)
+46
Cost of living (US = 100)
86.7
Schools, risk and environment
School rating (1 to 10)
5.6
FEMA hazard risk score (0 to 100)
42.9
Flood risk score
37.2
Show 3 more
Wildfire risk score
50.1
Walkability (1 to 20)
6.3
Road, rail and air noise
51 dB
Questions people ask
Is Merrick County, NE overvalued?
Home prices in Merrick County, NE are well above what local incomes have historically supported: fair value is about $189,839, so the area is 20.2% overvalued.
Is Merrick County, NE a buyer's or seller's market?
Merrick County, NE is a balanced market: homes take about 89 days to sell, listings are down 4% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Merrick County, NE?
Home values in Merrick County, NE are up 2.7% over the last year. Zillow's forecast for the next 12 months is +2.6%.
How much do you need to earn to buy a home in Merrick County, NE?
A household needs about $49,482 a year to afford the typical home in Merrick County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,291.