The story of this market
The typical home in Meridian, Idaho sells for about $550,150, or $255 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,801 a month.
Monthly price momentum
Home values since 2015
+5.3%
ID · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Meridian, Idaho
Meridian's housing market remains resilient, supported by strong population growth and a high median household income. While inventory levels have increased, demand remains steady, driven by the city's reputation for quality of life and economic opportunity. The market is currently balancing high interest rates with a persistent shortage of affordable housing options.
No ARED county foreclosure postings attributed to Meridian yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 1.8% year over year.
Homes spend a median of 55 days on market with 1.7 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 72.89% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 6.0% — a stable, low-distress profile.
- Wahooz Family Fun Zone4.41.4 mi
- Roaring Springs Water Park4.41.5 mi
- Shindig Farms4.612.3 mi
- Fly High Boise Trampoline Park4.55.8 mi
- K1 Speed Boise4.51.4 mi
- Ford Idaho Center4.35.9 mi
- Wahooz Family Fun Zone4.41.4 mi
- Topgolf Boise4.12.5 mi
- Expo Idaho4.56.4 mi
- Albertsons Stadium4.69.8 mi
- Ann Morrison Park4.78.6 mi
- Zoo Boise4.29.4 mi
- Cinemark Majestic Cinemas4.51.8 mi
- Wahooz Family Fun Zone4.41.4 mi
- Settlers' Park4.71.7 mi
- Old Idaho Penitentiary Site4.811.5 mi
- Freak Alley Gallery4.79.4 mi
- Hyde Park4.89.5 mi
- Warhawk Air Museum4.96.9 mi
- Discovery Center of Idaho4.49.6 mi
- Ann Morrison Park4.78.6 mi
- Zoo Boise4.29.4 mi
- Settlers' Park4.71.7 mi
- Camel’s Back Park4.89.6 mi
- Discovery Park4.85 mi
- Topgolf Boise4.12.5 mi
- Falcon Crest Golf Club4.18.1 mi
- Warm Springs Golf Course4.411.4 mi
- RedHawk Public Golf Course4.512.6 mi
- Quail Hollow Golf Course4.49.1 mi
- Boise Towne Square4.35.6 mi
- The Village at Meridian4.62.2 mi
- WinCo Foods4.59.7 mi
- Albertsons Market Street4.62.1 mi
- Boise Airport4.59.4 mi
- SKYDIVE SKYDOWN - Boise's closest skydiving experience!4.912.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A premier indoor sports facility offering basketball courts and fitness programs that serve as a central hub for youth and adult athletics.
A large, centrally located park featuring walking paths, ponds, and an amphitheater, serving as a primary gathering space for community events.
A major mixed-use lifestyle center featuring high-end retail, dining, and entertainment options that anchor the city's commercial activity.
Meridian is an ideal destination for family buyers seeking high-quality schools and a safe, suburban lifestyle. It also attracts professionals working in the Boise metro area who desire a balance between modern amenities and a community-focused environment.
The city is served by the West Ada School District, which is highly regarded for its academic performance and modern facilities. Schools in the area frequently rank among the top in Idaho, contributing to the city's appeal for families.
The city is well-connected via the I-84 corridor, which provides primary access to Boise and Nampa. While the area is heavily reliant on personal vehicles, ongoing regional planning efforts are focused on improving transit connectivity and road infrastructure.
Meridian offers an extensive park system, including the popular Meridian Homecourt and various community parks that provide trails, sports fields, and aquatic facilities. The city's proximity to the Boise River and nearby foothills provides residents with diverse outdoor recreational opportunities.
The rental market in Meridian is characterized by high demand driven by the city's rapid growth and professional workforce. While vacancy rates remain relatively low, the influx of new multi-family developments is helping to stabilize rent trajectories.
Meridian's economy is anchored by a diverse mix of healthcare, technology, and retail sectors. The city continues to see strong momentum as a preferred location for corporate offices and small businesses looking to tap into the growing Treasure Valley workforce.
Meridian serves as a major economic hub in the Treasure Valley, benefiting from significant corporate investment and infrastructure expansion. Major employers include healthcare providers, technology firms, and a robust retail sector that supports the city's rapid population growth.
Development activity remains robust, with a focus on mixed-use projects and residential expansion in the city's southern and western sectors. Planning efforts are currently prioritizing infrastructure upgrades to support the rapid population growth.
Parcels in Meridian are subject to various special districts, including those for fire protection, irrigation, and local school funding. These districts are managed at the county level to ensure consistent service delivery across the city's expanding footprint.
Meridian consistently reports lower crime rates compared to both the national average and other major cities within the Treasure Valley. The city maintains a family-oriented environment with a strong emphasis on community policing and public safety initiatives.
Meridian faces low risk from major natural disasters, though it is located in a region that experiences seasonal wildfire smoke and occasional high-wind events. The city's flood risk is generally minimal due to its inland location and managed irrigation infrastructure.
Property insurance in Meridian is generally stable, though premiums are influenced by regional wildfire risk assessments. Homeowners are encouraged to maintain adequate coverage as the city's property values continue to appreciate.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Idaho) — Homestead Property Tax Exemption: Exempts the lesser of $125,000 or 50% of the market value for assessment purposes from property taxation. Formula: Exemption = min($125,000, 0.50 * Market Value).
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau QuickFacts and ACS 2024 profiles.