Is Meridian, ID 83646 a buyer’s or seller’s market?

The Meridian housing market right now

In the three months ending August 31, 2026, 20% of homes in Meridian, ID 83646 sold above their list price, the typical home went under contract in 40 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 549 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold about as fast and the median sale price rose 2% to $564,756. Overall, Meridian is more competitive than a year ago, so tougher for buyers.

Within Ada County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 69%. On our competition score, Meridian ranks #14 of 69 ID ZIP codes with enough sales (score 61 out of 100).

Nearby, buyers who want less competition could look at Eagle 83616 (14% sold over asking) or Meridian 83642 (17% sold over asking), while Boise 83712 (38% sold over asking) and Boise 83703 (34% sold over asking) are even more competitive.