54452, Merrill, WI

The 54452 zip code of Merrill, WI has a median home value of $128,000. The home equity in this zip code is $44,000. This means that the majority of homes in this zip code are worth more than their original purchase price. Additionally, the average home price in this zip code has increased by 9% over the past five years.

Merrill is located in Dane County and has a population of about 10,000 people. The majority of residents in this zip code are white (87%) and have a college degree or higher (60%). The median household income is $62,500 and the unemployment rate is 3%.

There are several factors that may contribute to the high home values and equity in this zip code. First, there is a strong demand for homes in Merrill due to its location and amenities. Second, many homes here were built before 2007 which means they are relatively newer and have less depreciation than older homes. Finally, there is a low number of foreclosures or short sales in this area which may indicate that buyers trust the market overall here.