The Meridan Park housing market is very competitive. The median sale price of a home in Meridan Park was $460K last month, down 3.9% since last year. The median sale price per square foot in Meridan Park is $263, down 10.2% since last year.
What is the housing market like in Meridan Park today?
In March 2024, Meridan Park home prices were down 3.9% compared to last year, selling for a median price of $460K. On average, homes in Meridan Park sell after 37 days on the market compared to 37 days last year. There were 24 homes sold in March this year, up from 22 last year.
$439K
Sale Price
-25.0% since last year
$263
Sale $/Sq. Ft.
-10.2% since last year
Over List Price
0.3%
Days on Market
23.5
Down Payment
0.0%
Total Homes Sold
10
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How hot is the Meridan Park housing market?
Meridan Park is very competitive. Homes sell in 23.5 days.
0
100
73
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 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 Meridan Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Meridan Park.
Risk Factor
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Meridan Park has a minor risk of flooding. 10 properties in Meridan Park are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Meridan Park. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Meridan Park has a severe risk of wildfire. There are 749 properties in Meridan Park that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Meridan Park.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Meridan Park has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Meridan Park is most at risk from hurricanes. 749 properties in Meridan Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 150 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 161 mph.