Meridian, ID

Balanced market-2.9% YoY

Housing market overview · Updated weekly

$534,256median sale price

Homes sold

164

Last 12 weeks

Days on market

66

Average pace

Active listings

351

2.1 months supply

Sale-to-list

99.4%

Below asking

The Meridian housing market is currently classified as a balanced market with a median sale price of $534,256. Prices have fallen 2.9% compared to last year, with homes spending an average of 66 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Meridian?

The median home sale price in Meridian is $534,256, down 2.9% from last year.

How long do homes stay on market in Meridian?

Homes typically spend 66 days on market before going under contract.

Is Meridian a buyer's or seller's market?

With 2.1 months of supply, Meridian is currently a balanced market.

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