The Meridian housing market is somewhat competitive. The median sale price of a home in Meridian was $540K last month, down 2.7% since last year. The median sale price per square foot in Meridian is $231, down 4.5% since last year.
What is the housing market like in Meridian today?
In March 2024, Meridian home prices were down 2.7% compared to last year, selling for a median price of $540K. On average, homes in Meridian sell after 49 days on the market compared to 69 days last year. There were 13 homes sold in March this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$540,000
-2.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Meridian, AZ
$540,000
-2.7%
United States
To compare other locations to the Meridian and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Queen Creek add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Meridian housing market?
Meridian is somewhat competitive. Homes sell in 49 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 49 days.
Hot homes
can sell for around list price and go pending in around 27 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Meridian housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Meridian.
Risk Factor
Flood Factor - Moderate
41% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Meridian has a moderate risk of flooding. 326 properties in Meridian are likely to be
severely affected
by flooding over the next 30 years. This represents 41% of all properties in Meridian. Flood risk is increasing slower than the national average.
29% of properties are at risk of wildfire over the next 30 years
Fire Factor
Meridian has a moderate risk of wildfire. There are 383 properties in Meridian that have some risk of being affected by wildfire over the next 30 years. This represents 29% of all properties in Meridian.