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Preforeclosure Homes in Meridian, ID

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Meridian, ID Foreclosures

How much do homes sell for in Meridian, ID?
The average home price is currently $592,713.
In Meridian, ID, how many homes are available?
There are currently 40 active home listings available in Meridian.
What’s the average rental cost in Meridian, ID?
The average rental price in Meridian is $1,591.
What is the most expensive home in Meridian?
The most expensive home sold in Meridian had a price of $23,921,161.
What is currently the cheapest priced home in Meridian, ID?
The cheapest home for sale in Meridian is priced at $19,301.

Living in Meridian, ID

Meridian, Idaho, is an expanding suburban city known for its family-friendly environment and robust amenities. With an array of parks, shopping centers, and excellent schools, it attracts both new families and young professionals alike. The community emphasizes a high quality of life, balancing convenience with outdoor recreational opportunities.

Current Market Conditions in Meridian, ID

The real estate market in Meridian is characterized by a rapidly growing inventory of homes, paired with high demand driven by an influx of new residents. The average home price has seen an upwards trend, reflecting increased interest in the area, particularly among families and professionals seeking a suburban lifestyle close to Boise.

Current market conditions show a slight increase in housing costs, but properties remain in demand, leading to competitive bidding in desirable neighborhoods. As such, it is important for potential buyers to act quickly when homes are listed.

Home Value Estimator For Meridian, ID

There are currently 46,833 real estate properties in Meridian, ID, with a median automated valuation model (AVM) price of $530,654.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Meridian, ID, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Meridian, ID, is $592,713.00, with the most expensive house in Meridian, ID, topping out at $23,921,161.00 and the cheapest home in Meridian, ID, clocking in at $19,301.00. In other words, there’s something for every potential homebuyer or savvy investor in Meridian, ID!

Rent Prices In Meridian, ID

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Meridian, ID, is on a rollercoaster ride. The average rent price in Meridian, ID, is $1,591.00. Indeed, when looking to rent in Meridian, ID, you can expect to pay as little as $610.00 or as much as $4,020.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Meridian, ID -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Meridian, ID Preforeclosure Homes


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