Meridian, ID Home Values & Market Trends
Real estate market trends reflect that there have been 2,433 transactions over the past year in Meridian. The median value for residential home transactions that occurred over the previous year is $524,480.64. The number of current listings in Meridian is 286, and the percentage of properties for sale in the city is 286.00%. Meridian, ID currently has 14 properties in foreclosure, 0 bank owned properties, 11 properties headed for auction, and 286 properties for sale.
Meridian, ID Real Estate Market Overview
Housing Market Summary for Meridian, ID
| Oct 2022 | September 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $558.3K | $502.5K | -9.99% |
| Median Sold Price | $545.3K | $502.5K | -7.86% |
| Homes For Sale | 455 | 350 | -23.08% |
| Homes Sold | 1,971 | 1,797 | -8.83% |
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 Meridian, ID
Recently Sold
$683,224
Sold Price3 beds
2 baths
2,919 sqft
10,542 sqft lot
5418 W Philomena Dr, Meridian, ID 83646
Recently Sold
$416,933
Sold Price3 beds
2 baths
1,965 sqft
3,223 sqft lot
3450 Nw 14th Ave, Meridian, ID 83646
Recently Sold
$416,933
Sold Price4 beds
2 baths
1,880 sqft
3,223 sqft lot
3442 Nw 14th Ave, Meridian, ID 83646
Browse Homes in Meridian, ID
Meridian home values range from $23,481 to $26,679,929. The median estimated value of a home in Meridian is $524,480.64. The median list price of a home is 564,900, and the total count of properties in the city is 44,490.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Meridian, ID with 83642 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Meridian, ID; of those zips, the estimated home value for pre-foreclosure homes ranges from $734,123 in 83646 to the lowest home value of $608,331 in 83642.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Meridian, ID ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Meridian, ID. There are 2 zips within Meridian, ID; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions83646 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Meridian, ID. Auction homes and other auction properties account for 0.02% of all properties in Meridian, ID. There are 2 zips within Meridian, ID; of those zips, the median estimated home value for homes going to auction ranges from $851,785 in 83642 to the lowest value of $390,250 in 83642.
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More Real Estate Resources for Meridian, ID
Guide for Meridian, ID
Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.
You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?
Want to learn about the foreclosure process? Our article explains it all.
How do you avoid scams when you are in pre-foreclosure? We’ve got the info here.