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Meridian, ID

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Meridian, ID

Fri Apr 23 2021
This week the median list price for Meridian, ID is $567,988 with the market action index hovering around 77. This is an increase over last month's market action index of 72. Inventory has held steady at or around 98. Click here to stay informed with the Meridian market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Meridian, ID

Fri Apr 23 2021
This week the median list price for Meridian, ID is $567,988 with the market action index hovering around 77. This is an increase over last month's market action index of 72. Inventory has held steady at or around 98. Click here to stay informed with the Meridian market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Meridian market.
Median List Price $567,988
Per Square Foot $280
Days on Market 21
Price Decreased 31%
Price Increased 17%
Relisted 1%
Inventory 98
Median Rent $1,900
Most Expensive $4,195,000
Least Expensive $404,000
Market Action 77
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$995,000 3,613 0.25 - 0.5 acre 5 3 7 7 8 21
$597,990 2,337 6,500 - 8,000 sqft 4 2 1 7 8 14
$548,586 1,860 4,500 - 6,500 sqft 4 2 1 8 3 14
$464,990 1,580 4,500 - 6,500 sqft 3 2 1 10 11 42