Meridian is the third-largest city in Idaho, and is located in Ada County. The town's estimated population as of 2007 was 64,642, which shows an 81.5% increase since the 2000 census. This has positively affected Idaho real estate. As of 2011 the cost of living index is 92.6, making it less expensive to live there than the US average cost of living index, 100. Top industries in the area are the computer and electronic products industry, the construction industry, the public administration sector, the health care sector, the finance and insurance sector, and the educational services. Those seeking Idaho homes will be pleased to hear that most Meridian citizens have a drive time to work of less than 30 minutes.
83680-Meridian Real Estate for Sale
83680 Meridian Idaho Homes and Lifestyle
Age of Homes
Meridian was established in 1891. There are Meridian homes for sale with a wide range of ages, with the largest percent (32.6%) built in the 1990s. It is estimated that of the homes for sale, 10 were built in 1939 or earlier, 5 were built in the 1940s, 10 were built in the 1950s and also in the 1960s, 20 were built in the 1970s, 15 were built in the 1980s, and 10 were built between 2000 and 2004, and 0 were built in 2005 or later.
The estimated median home value was $190,022 for Meridian homes in 2009, up from $127,200 in 2000. This figure shows Meridian properties to be higher in value than the 2009 estimated median value of $171,700 for all Idaho homes. In 2009 the estimated mean price for detached houses was $171,156. For townhouses and other attached units it was $96,068, for homes in 5-or-more-unit structures it was $223,980, for mobile homes it was $53,742, and for occupied boats, RVs and vans it was $5,000. Home values all across Idaho, including those of Meridian homes, have gone down slightly over the past few years-- the median sale price of Boise homes in 2010 was between $200,000 and $250,000, down from about $300,000 in 2008.
Neighborhoods & Parks
Meridian's Parks and Recreation Department runs 17 public parks in the city as well as a number of pathways and bikeways, including Meridian Settlers Park, Bear Creek Park, Heroes Park, Storey Park, Tully Park, 8th Street Park, Champion Park, Chateau Park, Gordon Harris Park, Renaissance Park, Seasons Park, City Hall Park, Fire Station #4 Park, Centennial Park, City Hall Plaza, Generations Plaza, and Meridian Bark Park. Meridian citizens can also use the parks of nearby Boise and Nampa.
Meridian has a large variety of shopping centers, grocery stores, specialty shops and department stores, including Kohl's, Kmart, Ross, Dillards and Sears. Meridian has establishments to satisfy most needs, and anything that cannot be found within the city limits can most likely be found in Nampa or Boise, both of which are in the same metropolitan area, nicknamed the “Treasure Valley.” Downtown Nampa is about 25 minutes away and Boise is about a 15 minute drive.
Hughes Real Estate Group team members can provide more detailed market information.
Contact The Hughes Real Estate Group for more information or to view Idaho homes: (208) 571-7145.
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Listing information last updated on January 17th, 2017 at 10:37pm MST.