Housing in Meridian, ID

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$518,000

Median List Price

$549,950

Price Per Sq Ft

$269

Days on Market

60

Active Inventory

358

Months of Supply

2.9

Seller's market

Zillow Home Value

$519,429

ZHVI — January 2026

Zillow Rent Index

$1,902

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 4.3%List Price 0.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

11.2%

Off Market in 2 Weeks

27.9%

Sale-to-List Ratio

99.0%

Buyer's market

Sold Above Asking
11.2%
Under Contract in 2 Wks
27.9%
Listings with Price Drops
30.4%

Market Activity

Source: Redfin

Homes Sold

125

New Listings

150

Pending Sales

158

Homes Sold 42.1%New Listings 37.2%Pending 26.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$269

Median List $/SF

$281

Sale $/SF 1.1%List $/SF 3.3%Mar 24Jan 26

Meridian vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Meridian is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$485,000

Median Rent

$1,714

Total Housing Units

46,762

Vacancy Rate

2.7%

Owner Occupied

76.1%

Renter Occupied

23.9%

Median Property Tax

$2,497

per year

Monthly Cost (w/ Mortgage)

$1,544

Housing Types

Single Family
85.9%
Multi-Family
13.4%
Mobile Home
0.7%

The current median sale price in Meridian, ID is $518,000 according to Redfin data. Homes spend a median of 60 days on the market. 11.2% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $269. Zillow's observed rent index is $1,902/month. About 76.1% of housing units are owner-occupied. The median year homes were built is 2006. There are 46,762 total housing units.