Median real estate price in the City Center of Meridian is $195,744, which is more expensive than 71.4% of the neighborhoods in Idaho and 57.8% of the neighborhoods in the U.S.
The average rental price in Meridian City Center is currently $990, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.7% of the neighborhoods in Idaho.
Meridian City Center is a suburban neighborhood (based on population density) located in Meridian, Idaho.
Real estate in the City Center of Meridian, ID is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Meridian City Center has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.2% of American neighborhoods). This could either signal that there is weak demand for real estate in the neighborhood, or that much of the housing stock is seasonally occupied, which can occur in some markets dominated by colleges or vacation homes. Either way, if you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.