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Featured local agent — Meridian, CO
Sarah Mitchell
Compass Real Estate · Meridian, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Meridian, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$716,685median sale price
How is the Meridian, CO housing market right now?
The median home sale price in Meridian, CO is $716,685, up 21.5% year-over-year. Homes sell in an average of 16 days with 9 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Meridian a buyer's or seller's market?
Meridian, CO is currently a balanced market, based on 4.5 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
16
Fast-moving
Active listings
9
4.5 months supply
Sale-to-list
98.6%
Below asking
What does the Meridian housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $716,685 |
| Median list price | $715,000 |
| Year-over-year price change | +21.5% |
| Average days on market | 16 days |
| Active inventory | 9 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $270/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 5 |
| Listings with a price cut | 77.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Meridian by property type?
How the Meridian, CO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $716,685 | $270/sq ft | 2 | 16 days |
| Condo / Co-op | $500,000 | $285/sq ft | 1 | 34 days |
| Townhouse | $446,000 | $235/sq ft | 1 | 69 days |
Source: Redfin · Updated monthly
The Meridian housing market is currently classified as a balanced market with a median sale price of $716,685. Prices have risen 21.5% compared to last year, with homes spending an average of 16 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Meridian
There are currently 9 homes listed for sale in Meridian, Colorado. The median listing price is $715K.
Active listings
9
Homes on market
Median list price
$715K
Avg. days on market
16
Days until sale
New this week
5
Newly listed
Who lives in Meridian?
Population
5,058
Median income
$90,496/yr
Median age
31.8 years
Owner-occupied
14.2%
College grads
45.9%
Avg commute
18.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Meridian?
Zillow home value
$657,821
Zillow rent index
$1,937/mo
Price-to-rent ratio
28.3x
Price-to-income
7.3x
Source: Zillow Research
What is it like to live in Meridian?
Meridian is a community of approximately 5K residents with a median age of 31.8 years.The median household income is $90,496, which reflects a relatively affluent area with strong earning potential. 45.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 14.2%, showing a blend of owner and renter-occupied properties. The average commute time is 18.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Meridian offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Meridian, CO?
Want a head-to-head view? Compare Meridian side-by-side with any other U.S. city using our market-comparison tool.
Is Meridian a good real estate investment market?
For investors evaluating Meridian, the price-to-rent ratio of 28.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 21.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Meridian's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Meridian's median home price.
Frequently asked questions
What is the average home price in Meridian?
The median home sale price in Meridian is $716,685, up 21.5% from last year.
How long do homes stay on market in Meridian?
Homes typically spend 16 days on market before going under contract.
What is the median income in Meridian?
The median household income is $90,496 per year.
Is Meridian a buyer's or seller's market?
With 4.5 months of supply, Meridian is currently a balanced market.
What is the Zillow home value estimate for Meridian?
The Zillow Home Value Index (ZHVI) for Meridian is $657,821, representing the typical home value in the area.
What is the median condo price in Meridian?
The median condo/co-op sale price in Meridian, CO is $500,000, compared to $716,685 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Meridian?
The median single-family home price in Meridian, CO is $716,685 (about $270 per square foot).
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