Meridian ID Home Values
January 2016 Meridian Median Home Price: $246,000
Meridian home values continue to rise in 2015 compared to 2014. Comparing each year through November, the average sale price rose 7.76% from $234,473 to $252,677. In November, the median price of a home sold in the Meridian, ID area was $252,000. Existing Homes
Year to date through November, the average sale price rose 7.71% from $215,178 to $231,773 for existing homes. New Construction
Year to date through November, the average sale price for new construction homes rose 7.45% from $294,425 to $316,356. January 2016 Inventory: 4.33 Months
The month brought little relief for Meridian home buyer's trying to compete in a crowded market. Home sales declined, but the inventory of homes put on the market couldn’t keep up with demand. 153 homes were sold last month. November inventory increased to 3.73 months. A six-month inventory generally indicates a balanced market, and a number below indicates a seller’s market. Total days on market rose from 21 days to 30 days. Active residential listings numbered 570 at the end of the month. |
Median List Price In Meridian
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Meridian Median Home Price
Days On Market In Meridian
Months Supply Of Inventory
Ever wonder, "what is my house worth?" Browse or search for Meridian, Idaho homes sales in your neighborhood. Meridian home values are calculated from sold prices and Idaho real estate information. While these estimates can help planning a real estate purchase or sale, you should always consult with a Meridian, ID real estate agent or house appraisal specialist. Sales taken from Intermountain MLS on 2/7/2016 and pertains to Meridian, Idaho single-family homes. Does not include condominiums or townhouses.