How competitive is the Meridian housing market?

Meridian is moderately competitive as of May 2026, with a Sold Score of 39/100 (Challenging Market Conditions). **Pending ratio** is 0.41 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +20.3% — more choices for buyers than a year ago. **Median days on market** is 60. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 27.0% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 39/100 (Challenging Market Conditions) · Pending ratio: 0.41 · Inventory YoY: +20.3% · Median days on market: 60 · Sellers cutting price: 27.0% · Median listing price: $247,450 (+35.6% YoY)