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MERIDEN, IA 51037

Real Estate Market Report  ·  Cherokee County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The MERIDEN, IA real estate market (51037) currently shows 1 active listings. Homes are averaging 198 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 198 days on market compared to 145 days last year.

The median listing price has risen 26% year-over-year, from $285,000 to $359,000.

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Market Context

Market Context

Population: 293  ·  Density: 4.8/mi²  ·  Median household income: $76,667

Typical home value: $205,833  ·  Homeownership: 81.1%

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$359,000
⇧ 26% vs $285,000 last year
Average Price
$359,000
⇧ 24.5% vs $288,333 last year
Days on Market
198
⇧ 36.6% vs 145 days last year

Price Per Square Foot

Median $/sqft
$151
⇩ 1.3% vs $153/sqft last year
Median Home Size
2,374 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
98%
Listings with no price change
Price Reduced
2%
—

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 198 now vs 145 last year

Median & Average Pricing

Year over Year
  • Median: $359,000 (+26% YoY)
  • Average: $359,000 (+24.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.1 miles — 55 listings ($14,019,123 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51037Meriden, IA 510370.0 mi1$268,500$268,500$268,500
51035Marcus, IA 510358.6 mi3$662,376$192,475$220,792
51046Paullina, IA 510469.9 mi3$582,120$156,975$194,040
51049Quimby, IA 5104913.5 mi3$362,499$59,000$120,833
51022Granville, IA 5102214.8 mi3$1,076,499$265,000$358,833
51047Peterson, IA 5104716.3 mi2$133,000$66,500$66,500
51002Alta, IA 5100218.7 mi5$1,109,750$222,400$221,950
51048Pierson, IA 5104820.4 mi1$123,000$123,000$123,000
51033Linn Grove, IA 5103320.7 mi1$195,750$195,750$195,750
51025Holstein, IA 5102523.1 mi9$1,747,926$154,250$194,214
50592Truesdale, IA 5059224.2 mi1$710,000$710,000$710,000
51041Orange City, IA 5104125.9 mi17$5,942,503$349,000$349,559
50585Sioux Rapids, IA 5058526.1 mi6$1,105,200$202,500$184,200

Frequently Asked Questions

How many homes are for sale in MERIDEN, IA 51037?

As of September 2026, there are 1 active listings in MERIDEN, IA (zip code 51037), compared to 3 the prior year.

What is the median home price in MERIDEN, IA 51037?

The median listing price in MERIDEN, IA 51037 is $359,000 as of September 2026, a 26% increase from $285,000 the prior year.

How long do homes stay on the market in MERIDEN, IA?

Homes in MERIDEN, IA 51037 spend an average of 198 days on the market before going under contract, compared to 145 days the prior year.

Is it a seller's or buyer's market in MERIDEN, IA 51037?

Based on current inventory and days-on-market data as of September 2026, MERIDEN, IA 51037 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 198 days on market compared to 145 days last year.

How much can I save on real estate commission in MERIDEN, IA?

With SELL123.com's maximum 3% commission, sellers in MERIDEN, IA 51037 save an estimated $7,180 compared to a typical 5% commission on the median listing price of $359,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.