Housing Prices in Meridian, ID
How much do homes in Meridian, ID cost?
Median List Price
$415,250
$200/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2022
Key Takeaway
The list price of homes in Meridian has increased by 4.8% since last year.
Summary: The median home list price in Meridian was $415,250 in November 2023, up 4.8% from the previous year, and the median price per square foot was $200.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.9K | $199.9K | +5.3% |
| 2 Bedrooms | $310.9K | $341.9K | +10.0% |
| 3 Bedrooms | $359.8K | $388K | +7.8% |
| 4 Bedrooms | $420.7K | $444.8K | +5.7% |
| 5+ Bedrooms | $524.9K | $549.8K | +4.8% |
Summary: Meridian housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 4.8%.
Median List Price Compared To Nearby Cities
| Boise City | $380K | $399.4K | +5.1% |
| Boise | $379.8K | $398.9K | +5.0% |
| Meridian | $396.1K | $415.2K | +4.8% |
| Eagle | $575K | $601.4K | +4.6% |
Housing Supply in Meridian, ID
How many homes are available in Meridian, ID?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 14,847 | 14,988 | +0.9% |
Summary: The Meridian real estate market had 14,988 homes for sale in November 2023, a 0.9% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 17 | 0.0% |
| 2 Bedrooms | 429 | 435 | +1.4% |
| 3 Bedrooms | 7,381 | 7,444 | +0.9% |
| 4 Bedrooms | 5,436 | 5,491 | +1.0% |
| 5+ Bedrooms | 1,584 | 1,601 | +1.1% |
Summary: The Meridian housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 1.1%.
Days on Market for Meridian, ID
How long does it take to sell a home in Meridian, ID?
Average Listing Age
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 1,025 Days | 1,208 Days | +17.8% |
Summary: Homes in Meridian had an average listing age of 1,208 days in Nov 2023, up by 17.8% compared to the previous year.
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