$450,000
6164 N Winward Ln
Meridian, ID
1 bd2 ba1,120 sqft$402/ft²
House4,008 sqft lot
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Sarah Mitchell
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Compass Real Estate · Meridian, ID
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Meridian, ID(512) 555-0184TX License #0512847
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5.0 · 47 reviews
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Meridian, ID Housing Market & Real Estate
Seller's market-4.8% YoY
Housing market overview · Updated monthly ·
$559,990median sale price
How is the Meridian, ID housing market right now?
The median home sale price in Meridian, ID is $559,990, down 4.8% year-over-year. Homes sell in an average of 26 days with 434 active listings. The market is currently a seller's 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?
Seller's market1.6 months of supply26 avg. days on market
Meridian, ID is currently a seller's market, based on 1.6 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
269
Last 12 weeks
Days on market
26
Average pace
Active listings
434
1.6 months supply
Sale-to-list
99.8%
Below asking
What does the Meridian housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $559,990 |
| Median list price | $560,000 |
| Year-over-year price change | -4.8% |
| Average days on market | 26 days |
| Active inventory | 434 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $278/sq ft |
| Homes sold (latest month) | 269 |
| New listings (latest month) | 297 |
| Listings with a price cut | 35.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Meridian by property type?
How the Meridian, ID market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $574,900 | $278/sq ft | 251 | 25 days |
| Condo / Co-op | $260,000 | $267/sq ft | 1 | 2 days |
| Townhouse | $399,945 | $270/sq ft | 18 | 57 days |
Source: Redfin · Updated monthly
The Meridian housing market is currently classified as a seller's market with a median sale price of $559,990. Prices have fallen 4.8% compared to last year, with homes spending an average of 26 days on market, indicating 1.6 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 5.5x provides context for how home values compare to local earning capacity.
Homes for sale in Meridian
There are currently 434 homes listed for sale in Meridian, Idaho. The median listing price is $560K. Featured listings range from $450,000 to $1,139,000.
$519,990
5831 N Patimos Ave
Meridian, ID
3 bd2 ba1,618 sqft$321/ft²
House
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$549,990
5823 N Patimos Ave
Meridian, ID
3 bd2 ba2,346 sqft$234/ft²
House
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$559,990
6167 W Parachute Dr
Meridian, ID
3 bd2 ba2,515 sqft$223/ft²
House
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$573,900
7027 N Daisy Teal Ave
Meridian, ID
4 bd3 ba2,371 sqft$242/ft²
House
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$585,900
5135 N Corbell Ave
Meridian, ID
4 bd3 ba2,301 sqft$255/ft²
House
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$597,900
6859 N Chelsie Lynn Ave
Meridian, ID
5 bd3 ba2,800 sqft$214/ft²
House
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$679,000
5512 N Ebony Way
Meridian, ID
4 bd3 ba2,473 sqft$275/ft²
House11,979 sqft lot
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$679,900
4460 W Wapoot St
Meridian, ID
5 bd3 ba2,800 sqft$243/ft²
House
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$679,990
6050 N Torva Ave
Meridian, ID
4 bd3 ba2,920 sqft$233/ft²
House
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$684,900
6638 N Spindrift Way
Meridian, ID
4 bd2 ba1,867 sqft$367/ft²
House5,445 sqft lot
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$1,139,000
6119 N Farleigh Ave
Meridian, ID
5 bd3 ba3,065 sqft$372/ft²
House9,583 sqft lot
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Looking to buy in Meridian?
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Active listings
434
Homes on market
Median list price
$560K
Avg. days on market
26
Days until sale
New this week
297
Newly listed
Price drops:35.7%of listings
Sale-to-list:99.8%
Who lives in Meridian?
Population
124,865
Median income
$98,686/yr
Median age
37.4 years
Owner-occupied
76.1%
College grads
44.4%
Avg commute
22.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Meridian?
Zillow home value
$538,033
Zillow rent index
$2,065/mo
Price-to-rent ratio
21.7x
Price-to-income
5.5x
Source: Zillow Research
What is it like to live in Meridian?
Meridian is a community of approximately 125K residents with a median age of 37.4 years.The median household income is $98,686, which reflects a relatively affluent area with strong earning potential. 44.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 76.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.3 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 public schools serve Meridian?
49 schools tracked · 29,982 students
The largest public schools serving Meridian, ID by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MOUNTAIN VIEW HIGH SCHOOL
Grades 9-12 · 2,521 students
ROCKY MOUNTAIN HIGH SCHOOL
Grades 9-12 · 1,911 students
MERIDIAN HIGH SCHOOL
Grades 9-12 · 1,823 students
OWYHEE HIGH SCHOOL
Grades 9-12 · 1,812 students
IDAHO VIRTUAL ACADEMY
Grades K-12 · 1,541 students
COMPASS PUBLIC CHARTER SCHOOL
Grades K-12 · 1,264 students
VICTORY MIDDLE SCHOOL
Grades 6-8 · 1,057 students
HERITAGE MIDDLE SCHOOL
Grades 6-8 · 1,035 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Meridian, ID?
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 21.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.8% year-over-year, potentially creating entry opportunities for strategic buyers.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 $559,990, down 4.8% from last year.
How long do homes stay on market in Meridian?
Homes typically spend 26 days on market before going under contract.
What is the median income in Meridian?
The median household income is $98,686 per year.
Is Meridian a buyer's or seller's market?
With 1.6 months of supply, Meridian is currently a seller's market.
How many homes are for sale in Meridian?
There are currently 434 homes listed for sale in Meridian, ID.
What is the Zillow home value estimate for Meridian?
The Zillow Home Value Index (ZHVI) for Meridian is $538,033, 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, ID is $260,000, compared to $574,900 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, ID is $574,900 (about $278 per square foot).
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