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Sarah Mitchell
Compass Real Estate · ZIP 83646
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83646 ZIP Code Housing Market
$565,000median sale price
What is the 83646 housing market like right now?
The median home sale price in ZIP code 83646 is $565,000, up 1.8% year-over-year. Homes sell in an average of 48 days with 301 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 83646 ZIP code a buyer's or seller's market?
ZIP code 83646 is currently a balanced market and homes selling in about 48 days. How we determine this →
What are the latest 83646 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $565,000 |
| Median list price | $550,000 |
| Year-over-year price change | +1.8% |
| Average days on market | 48 days |
| Active inventory | 301 listings |
| Sale-to-list price ratio | 99.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 83646 zip code, located in Meridian, ID, is currently classified as a balanced market. The median sale price stands at $565,000, representing a +1.8% change year over year. Homes in this area spend an average of 48 days on the market before going under contract. There are currently 301 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 83646 sits in the Meridian, ID area, roughly 3.1 miles from downtown Meridian. Because home prices are set street by street, this ZIP can move differently from Meridian's citywide averages. The figures below reflect 83646 specifically — drawn from Redfin transactions, U.S. Census data for its 76,023 residents, and Zillow value estimates.
Homes sold
427
Last 12 weeks
Days on market
48
Average pace
Active listings
301
Sale-to-list
99.8%
Below asking
What is driving the 83646 housing market?
The 83646 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 99.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 83646 have increased +1.8% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 83646 stands at $535,556, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,338 per month. This gives a price-to-rent ratio of approximately 19.1, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 83646?
Population
76,023
Median income
$102,861/yr
Median age
37.4 years
Owner-occupied
80.2%
College grads
44.3%
Avg commute
25.21 min
What is it like living in 83646?
Zip code 83646 is home to approximately 76,023 residents. The median household income is $102,861 per year, which shapes the types of homes and amenities available in the area. With a median age of 37.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 80.2% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 44.3% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 25.21 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 83646.
Which public schools serve ZIP 83646?
14 schools tracked · 7,894 students
The largest public schools serving ZIP code 83646 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.
OWYHEE HIGH SCHOOL
Grades 9-12 · 1,812 students
HERITAGE MIDDLE SCHOOL
Grades 6-8 · 1,035 students
SAWTOOTH MIDDLE SCHOOL
Grades 6-8 · 814 students
PLEASANT VIEW ELEMENTARY
Grades PK-5 · 656 students
WILLOW CREEK ELEMENTARY SCHOOL
Grades PK-5 · 533 students
CHIEF JOSEPH SCHOOL OF THE ARTS
Grades PK-5 · 504 students
PROSPECT ELEMENTARY SCHOOL
Grades PK-5 · 496 students
PARAMOUNT ELEMENTARY SCHOOL
Grades PK-5 · 482 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 83646
What is the median home price in 83646?
The current median sale price in 83646 is $565,000, based on recent Redfin transaction data. Prices have changed +1.8% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 83646 a buyer's or seller's market?
The 83646 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 83646?
Zip code 83646 has a population of approximately 76,023 residents. The median household income is $102,861 per year. About 80.2% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 83646?
Properties Incorporated provides comprehensive data for 83646 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 83646 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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