Housing in 83642 Meridian, ID is more expensive than the US median value for homes. The median value of a home in 83642 Meridian, ID is $517,100 whereas the US median home value is only $338,100. Despite this large difference in cost, the appreciation rate for homes in 83642 Meridian, ID has been slower than the national average over the past year. In 83642 Meridian, ID homes have appreciated by 4.74% while nationally they have increased 8.27%.
The median home cost in Meridian (zip 83642) is $517,100. Home appreciation the last 10 years has been 260.0%. Home Appreciation in Meridian (zip 83642) is up 15.6%.
Average Age of Homes
- The median age of Meridian (zip 83642) real estate is 20 years old
The Rental Market in Meridian (zip 83642)
- Renters make up 28.0% of the Meridian (zip 83642) population
- 0.3% of houses and apartments in Meridian (zip 83642), 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.