New - 4 hours on Rocket
$5,105 Closing Credit¹
Teresa D Mackenzie, Listing Office: The Trusted Trail
Meridian Housing Market Report December 2024•Ada County, Idaho
Housing Prices in Meridian, ID
How much do homes in Meridian, ID cost?
Median List Price
$559,866$276/SqFt
-$4,430
-0.8%
Based on all homes listed in December 2024
Insight
The list price of homes in Meridian has decreased by 0.8% since November.
Summary: The median home list price in Meridian was $559,866 in December 2024, down 0.8% from the previous month, and the median price per square foot was $276.
Median List Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Meridian | $564.2K | $559.8K | -0.8% |
| Boise | $560.6K | $547.8K | -2.3% |
| Eagle | $979.9K | $950K | -3.1% |
| Boise City | $582.1K | $549.9K | -5.5% |
Median List Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $498.9K | $498.9K | 0.0% |
| 22 Bedrooms | $480.8K | $487.4K | +1.4% |
| 33 Bedrooms | $497.4K | $489.9K | -1.5% |
| 44 Bedrooms | $660K | $648.9K | -1.7% |
| 55+ Bedrooms | $799K | $847.8K | +6.1% |
Summary: Meridian housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.4%. The home price for 3 bedroom homes decreased by -1.5%. The home price for 4 bedroom homes decreased by -1.7%. The home price for 5 bedroom homes increased by +6.1%.
Housing supply in Meridian, ID
How many homes are available in Meridian, ID?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 468Last MonthDec 2024 | ||
| 3472 months agoNov 2024 | +34.9 % Change MoMNov – Dec |
Summary: The Meridian real estate market had 468 homes for sale in Dec 2024, a 34.9 % increase compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 12 | 18 | +50.0% |
| 33 Bedrooms | 182 | 244 | +34.1% |
| 44 Bedrooms | 109 | 156 | +43.1% |
| 55+ Bedrooms | 43 | 49 | +14.0% |
Summary: Meridian housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +34.1%. The inventory for 4 bedroom homes increased by +43.1%. The inventory for 5 bedroom homes increased by +14.0%.
Days on Market for Meridian, ID
How long does it take to sell a home in Meridian, ID?
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 80 DaysLast MonthDec 2024 | ||
| 76 Days1 month agoNov 2024 | +5.3 % Change MoMNov – Dec |
Summary: Homes in Meridian had an average listing age of 80 days in Dec 2024, up by 5.3% compared to the previous month.
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Newest Listings in Meridian, ID
What homes are available in Meridian, ID?
New - 5 hours on Rocket
$7,173 Closing Credit¹
Stephanie Renteria, Listing Office: Silvercreek Realty Group
New - 5 hours on Rocket
Rebekah Mckernan, Listing Office: Keller Williams Realty Boise
New - 5 hours on Rocket
Rebekah Mckernan, Listing Office: Keller Williams Realty Boise
New - 6 hours on Rocket
$7,777 Closing Credit¹
Michael Germain, Listing Office: Better Homes & Gardens 43North
New - 6 hours on Rocket
$7,955 Closing Credit¹
Michael Germain, Listing Office: Better Homes & Gardens 43North
New - 7 hours on Rocket
$5,878 Closing Credit¹
Brett Foutz, Listing Office: Genesis Real Estate, LLC
New - 7 hours on Rocket
$8,192 Closing Credit¹
Cg Hinrichsen, Listing Office: Coldwell Banker Tomlinson
New - 8 hours on Rocket
$9,797 Closing Credit¹
Christina Ward, Listing Office: Keller Williams Realty Boise
New - 8 hours on Rocket
$8,443 Closing Credit¹
Melinda Plum, Listing Office: Silvercreek Realty Group
New - 8 hours on Rocket
$10,000 Closing Credit¹
Robert Renteria, Listing Office: Keller Williams Realty Boise
New - 9 hours on Rocket
$5,225 Closing Credit¹
Charles Foster, Listing Office: Sweet Group Realty
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MLS Disclaimers and Copyright
Based on information from Intermountain MLS, for the period 11/01/2024 - 01/01/2025
Listings with this icon are © 2025 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.