Meridian, TX is a great place to live for those looking to invest in the housing market. The median value of houses in Meridian is $224,400 which is much lower than the national average of $338,100. In addition, the one year house appreciation rate in Meridian is 17.68% which is significantly higher than the US average of 8.27%. This makes Meridian an attractive area for home buyers who are looking for a quick return on their investments and higher values on their properties.
The median home cost in Meridian is $224,400. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Meridian is up 21.3%.
Average Age of Homes
- The median age of Meridian real estate is 48 years old
The Rental Market in Meridian
- Renters make up 42.8% of the Meridian population
- 5.4% of houses and apartments in Meridian, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.