The story of this market
The typical home in ZIP 83642 sells for about $552,834, or $267 per square foot.
Prices are roughly flat from a year ago (+0.8%), a market in balance. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $2,495 a month.
ZIP 83642 — Meridian
The 83642 housing market is currently characterized by stable price appreciation and moderate inventory levels. While demand remains supported by regional growth, the market is cooling compared to previous years, with homes spending more time on the market. Data for specific metrics like unemployment and poverty are sourced from the latest available ACS ZCTA profiles.
This ZIP is ideal for family buyers and commuters seeking a balance between suburban living and access to the Boise metropolitan employment core.
Median prices moved up 0.8% year over year.
Homes spend a median of 47 days on market with 2.3 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 5.0% — a stable, low-distress profile.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 83642, Ada County ID
The area is served by the West Ada School District, which is generally characterized as a high-performing district within the Treasure Valley region.
The region faces standard wildfire and wind risks common to the high desert climate of the Treasure Valley, with insurance premiums reflecting these environmental factors.
Meridian serves as a major residential and commercial hub for the Boise metro, with significant ongoing development in south Meridian and proximity to major employers like St. Luke's and T-Mobile.
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).
Residents primarily commute via Interstate 84, which provides direct access to employment centers in Boise to the east and Nampa to the west.
The area features numerous community parks, greenbelts, and proximity to regional shopping centers and golf courses in the Meridian and Boise area.
The rental market has experienced significant price growth, with vacancy pressure remaining moderate as the area continues to attract new residents.
The economy is anchored by healthcare, technology, and retail, with major employers including St. Luke's Regional Medical Center, T-Mobile, and Citi.
Interstate 84 is the primary transit corridor, facilitating regional movement across the Treasure Valley.
Significant residential and mixed-use development is ongoing in south Meridian, particularly within the Pinnacle and Apex areas.
Ada County Assessor manages property valuations based on annual market assessments.
Parcels are primarily served by the West Ada School District and various local utility and fire protection districts.
Property insurance markets are stable but sensitive to regional wildfire and wind hazard profiles.
Data retrieved from data.census.gov ZCTA profiles.
- Wahooz Family Fun Zone4.41.9 mi
- Roaring Springs Water Park4.41.9 mi
- Shindig Farms4.69.9 mi
- Fly High Boise Trampoline Park4.57.4 mi
- K1 Speed Boise4.54 mi
- Ford Idaho Center4.36.1 mi
- Wahooz Family Fun Zone4.41.9 mi
- Topgolf Boise4.13.6 mi
- Expo Idaho4.58.8 mi
- Albertsons Stadium4.610.7 mi
- Ann Morrison Park4.79.7 mi
- Zoo Boise4.210.5 mi
- Cinemark Majestic Cinemas4.52.6 mi
- Wahooz Family Fun Zone4.41.9 mi
- Settlers' Park4.74.9 mi
- Old Idaho Penitentiary Site4.812.4 mi
- Freak Alley Gallery4.710.7 mi
- Hyde Park4.811 mi
- Warhawk Air Museum4.96.2 mi
- Discovery Center of Idaho4.410.7 mi
- Ann Morrison Park4.79.7 mi
- Zoo Boise4.210.5 mi
- Settlers' Park4.74.9 mi
- Discovery Park4.82.4 mi
- Camel’s Back Park4.811.2 mi
- Topgolf Boise4.13.6 mi
- Falcon Crest Golf Club4.15.6 mi
- Warm Springs Golf Course4.412.1 mi
- RedHawk Public Golf Course4.511.3 mi
- Quail Hollow Golf Course4.411.3 mi
- Boise Towne Square4.36.9 mi
- The Village at Meridian4.64.7 mi
- WinCo Foods4.510.7 mi
- Albertsons Market Street4.64.5 mi
- Boise Airport4.59.3 mi
- SKYDIVE SKYDOWN - Boise's closest skydiving experience!4.913.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Indoor sports facility serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.