Market Overview
Home Prices in Merino, CO
The median home value in Merino, CO is $343,744 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 7.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Merino are priced16% below average. Merino is part of the Sterling, CO metro area.
Over the past five years, Merino home values have risen by approximately30.7%, reflecting strong long-term appreciation in this market.
Price History
Merino Home Price Trend
City Comparison
Merino vs. National Median
At $343,744, homes in Merino cost 16% below the national median of $410,000. This makes Merino a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Merino?
20% Down Payment
$68,749
on $343,744
Monthly P&I
$1,793/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,277/mo
incl. taxes & insurance
Income Needed
$91,080
gross annual (30% rule)
10% Down Option
$34,374
+ PMI applies
Loan Amount (20% dn)
$274,995
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Merino, CO?
The median home value in Merino is $343,744 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Merino?
Over the past year, home values in Merino have increased by 2.9%. Over five years, prices have risen approximately 30.7%.
How much do I need to earn to buy a home in Merino?
To comfortably afford the median home price of $343,744 with a 20% down payment ($68,749) at today's rates (6.8%), you'd need a gross annual income of approximately $91,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Merino compare to the national average home price?
The national median home value is approximately $410,000. At $343,744, homes in Merino are 16% below the national average.
What metro area is Merino part of?
Merino is part of the Sterling, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.