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Meridian, CO Housing

 
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As of 2010-2014, median price of a house in Meridian is $294,700, which is higher than the state average of $239,400 and is much higher than the national average of $175,700. The median year that a house in Meridian was built is 2003, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 367 Owner Occupied Houses in Meridian, CO, #104
Meridian, CO
294,700 USD
Colorado
239,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Meridian, CO
-21.48%
Colorado
43.70%
U.S.
46.91%

*The Meridian, CO median house price growth rate is since 2005-2009. The Colorado and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Meridian, COColoradoU.S.
Total Housing Units1,583, see rank, 100%2,238,624132,741,033
Occupied Housing Units1,439, 90.90%, see rank89.27%87.55%
Owner Occupied367, 23.18%, see rank57.85%56.34%
Renter Occupied1,072, 67.72%, see rank31.42%31.21%
Vacant Housing Units144, 9.10%, see rank10.73%12.45%
For Rent43, 2.72%, see rank1.87%2.34%
For Sale Only65, 4.11%, see rank1.07%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.76%0.92%
For Seasonal, Recreational, or Occasional Use36, 2.27%, see rank4.90%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant0, 0.00%, see rank2.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #7
Meridian, COColoradoU.S.
200319811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Meridian, CO%ColoradoU.S.
Owner-Occupied Units367100%1,295,04874,787,460
With a Mortgage34794.55%, see rank73.99%65.58%
Without a Mortgage205.45%, see rank26.01%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Meridian, CO
1,927 USD
Colorado
1,608 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMeridian, CO%ColoradoU.S.
$299 or Less00.00%, see rank0.20%0.20%
$300 to $49900.00%, see rank1.13%1.59%
$500 to $69900.00%, see rank3.11%5.01%
$700 to $99900.00%, see rank10.30%14.32%
$1,000 to $1,4998524.50%, see rank28.86%27.90%
$1,500 to $1,99910630.55%, see rank26.50%20.35%
$2,000 to $2,99914341.21%, see rank21.95%19.52%
$3,000 or More133.75%, see rank7.96%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Meridian, CO
23.80% of the Total Income
Colorado
23.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Meridian, CO%ColoradoU.S.
10% or Less318.93%, see rank5.82%5.86%
10% to 20%12235.16%, see rank32.53%31.95%
20% to 30%8424.21%, see rank28.64%27.64%
30% to 40%298.36%, see rank13.84%13.74%
40% or More8123.34%, see rank18.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Owner Costs Distribution
Monthly Owner CostsMeridian, CO%ColoradoU.S.
$199 or Less00.00%, see rank6.63%7.76%
$200 to $29900.00%, see rank16.15%14.70%
$300 to $49920100.00%, see rank43.66%34.63%
$500 to $69900.00%, see rank20.60%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Distribution
 Meridian, CO%ColoradoU.S.
10% or Less20100.00%, see rank49.09%40.19%
10% to 20%00.00%, see rank28.31%31.47%
20% to 30%00.00%, see rank9.89%12.24%
30% to 40%00.00%, see rank4.49%5.64%
40% or More00.00%, see rank7.15%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Meridian, COColoradoU.S.
Total Housing Units1,583, 100%2,238,624132,741,033
1-unit, Detached360, 22.74%, see rank62.90%61.65%
1-unit, Attached47, 2.97%, see rank6.96%5.82%
2 Units0, 0.00%, see rank1.78%3.75%
3 or 4 Units81, 5.12%, see rank3.29%4.43%
5 to 9 Units280, 17.69%, see rank4.72%4.78%
10 or More Units815, 51.48%, see rank16.10%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank4.25%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Meridian, COColoradoU.S.
Total Housing Units1,583, 100%2,238,624132,741,033
1 Room77, 4.86%, see rank1.78%1.95%
2 Rooms219, 13.83%, see rank3.54%2.48%
3 Rooms361, 22.80%, see rank10.16%9.13%
4 Rooms335, 21.16%, see rank15.41%16.60%
5 Rooms241, 15.22%, see rank16.50%20.41%
6 Rooms84, 5.31%, see rank14.64%18.06%
7 Rooms66, 4.17%, see rank11.92%12.27%
8 Rooms83, 5.24%, see rank9.79%8.48%
9 Rooms or More117, 7.39%, see rank16.25%10.60%
Median Rooms3.90, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Meridian, COColoradoU.S.
Total Housing Units1,583, 100%2,238,624132,741,033
No Bedroom77, 4.86%, see rank1.99%2.17%
1 Bedroom541, 34.18%, see rank11.63%11.16%
2 Bedrooms424, 26.78%, see rank25.86%26.69%
3 Bedrooms345, 21.79%, see rank33.89%39.70%
4 Bedrooms148, 9.35%, see rank19.12%16.05%
5 or More Bedrooms48, 3.03%, see rank7.51%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Meridian, COColoradoU.S.
Total Housing Units1,439, 100%1,998,314116,211,092
Utility Gas831, 57.75%, see rank71.94%48.85%
Bottled, Tank, or LP Gas19, 1.32%, see rank4.86%4.86%
Electricity581, 40.38%, see rank19.94%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.11%5.86%
Coal or Coke0, 0.00%, see rank0.07%0.12%
Wood0, 0.00%, see rank2.08%2.12%
Solar Energy0, 0.00%, see rank0.15%0.05%
Other Fuel0, 0.00%, see rank0.54%0.47%
No Fuel Used8, 0.56%, see rank0.31%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMeridian, COColoradoU.S.
Occupied Units Paying Rent1,069, 100%677,38539,201,928
$199 or Less0, 0.00%, see rank1.26%1.50%
$200 to $2990, 0.00%, see rank2.44%3.18%
$300 to $4990, 0.00%, see rank4.51%7.37%
$500 to $6990, 0.00%, see rank14.12%16.01%
$700 to $999239, 22.36%, see rank30.75%29.17%
$1,000 to $1,499533, 49.86%, see rank31.25%26.88%
$1,500 to $1,999228, 21.33%, see rank11.27%9.79%
$2,000 or More69, 6.45%, see rank4.39%6.10%
Median$1,257, see rank$969$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Meridian, COColoradoU.S.
Occupied Housing Units1,439, 100%1,998,314116,211,092
No Vehicles Available91, 6.32%, see rank5.74%9.12%
1 Vehicles Available771, 53.58%, see rank31.48%33.80%
2 Vehicles Available502, 34.89%, see rank40.00%37.48%
3 or More Vehicles Available75, 5.21%, see rank22.78%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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