Market Overview
Home Prices in Merrimac, WI
The median home value in Merrimac, WI is $486,695 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Merrimac are priced19% above average. Merrimac is part of the Baraboo, WI metro area.
Over the past five years, Merrimac home values have risen by approximately29.9%, reflecting strong long-term appreciation in this market.
Price History
Merrimac Home Price Trend
City Comparison
Merrimac vs. National Median
At $486,695, homes in Merrimac cost 19% above the national median of $410,000. Buyers in Merrimac should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Merrimac?
20% Down Payment
$97,339
on $486,695
Monthly P&I
$2,538/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,223/mo
incl. taxes & insurance
Income Needed
$128,920
gross annual (30% rule)
10% Down Option
$48,670
+ PMI applies
Loan Amount (20% dn)
$389,356
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 Merrimac, WI?
The median home value in Merrimac is $486,695 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Merrimac?
Over the past year, home values in Merrimac have increased by 1.5%. Over five years, prices have risen approximately 29.9%.
How much do I need to earn to buy a home in Merrimac?
To comfortably afford the median home price of $486,695 with a 20% down payment ($97,339) at today's rates (6.8%), you'd need a gross annual income of approximately $128,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Merrimac compare to the national average home price?
The national median home value is approximately $410,000. At $486,695, homes in Merrimac are 19% above the national average.
What metro area is Merrimac part of?
Merrimac is part of the Baraboo, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.