Photo: Dj1997 · CC BY-SA 3.0247 homes sold in Meridian Township in the last year, at a typical $395K
Redfin reports Meridian Township’s sales by ZIP code, so these figures are for ZIP 48864, which takes in Meridian Township and the area around it. About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Meridian Township homes are listed.
Every place Meridian Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Meridian Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Meridian Township’s sales are condos, at $229K less than a house
200 houses and 56 condos sold in the year to May 2026. Condos sell faster.
typical sale · 200 sold in the year to May 2026
- Per square foot
- $155MI $172
- Days to sell
- 49
- Sold over asking
- 31%
typical sale · 56 sold in the year to May 2026
- Per square foot
- $129MI $190
- Days to sell
- 43
- Sold over asking
- 30%
Fewer homes sell than before 2022, at 1.6 times the 2016 price
247 sales in the last year, against 399 in 2021 and a low of 249 in 2012. The typical sale went from $242K in 2016 to $395K.
Source: Redfin Data Center, MLS sales; for ZIP 48864, which takes in Meridian Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $400K buys in Meridian Township
Check a listing against what Meridian Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Meridian Township are more common than before the pandemic, but 56% fewer homes come up for sale
We read every month of home sales in ZIP 48864 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 247 sales.
If you’re buying in Meridian Township
- Shop in May. It brings about 40 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
- Bid near asking. Buyers paid 98.6% of the list price on average; 27% paid over.
- You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 48 days.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 45 a month), and the most competition: 35% close over asking. May and June offer nearly as much choice with fewer homes bid up (32%). February has the least competition (18%) but only about 19 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Michigan as a whole
| Meridian Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 27% | 22% | 42% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 44% | 10% | 22% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 98.6% | 98.4% | 100.1% | 98.1% |
| Days to sellMedian days from listing to contract | 48 | 77 | 49 | 36 |
52 homes for sale on a typical day
That’s 56% fewer than in 2017–19 and well under 2012’s 156.
Since 2019, houses are up 44%, condos 6%
A house typically sold for $417K in the year to May 2026 (200 sales), a condo for $188K (56).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48864, which takes in Meridian Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Meridian Township home costs about $2,680 a month
Price: Meridian Township’s typical sale, last 12 months. Property tax at Meridian Township’s 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Meridian Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. January has the fewest, about 17.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $395K home, about $7,430 a year.
Taxes vs. neighborsSchools
The schools grade for Meridian Township, from test results, graduation and how much students grow.
Schools in Meridian TownshipTypical commute
The average one-way trip to work for people who live in Meridian Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Lansing and Williamston sell for less a square foot
The busier markets within 25 miles of Meridian Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lansing | 1,578 | $152K | $121 | 36% | 39 |
| East Lansing | 312 | $320K | $171 | 34% | 42 |
| Okemos | 249 | $375K | $152 | 30% | 45 |
| Meridian Township (ZIP 48864) | 247 | $395K | $154 | 27% | 48 |
| Haslett | 247 | $312K | $165 | 40% | 39 |
| Williamston | 52 | $234K | $144 | 33% | 42 |
| Bath Township | 21 | $351K | $159 | 21% | 51 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Meridian Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Meridian Township. People who follow the town see it, and so do people comparing Meridian Township with their own town. No commission, no listing fee.
Questions about buying a home in Meridian Township
What do homes sell for in Meridian Township, MI?
247 homes sold in the year to September 2026 at a typical $395K, $154 a square foot. Houses sold for about $417K, condos for about $188K in the year to May 2026.
Is Meridian Township a buyer’s or seller’s market?
A seller’s market: 76 homes were for sale in September 2026 and 21 sold, about 3.6 months of supply. Buyers paid 98.6% of asking on average.
When is the best time to buy in Meridian Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Meridian Township?
About 1.9% of a home’s value a year. On a $395K home that’s near $7,430.
Where can I see homes for sale in Meridian Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Meridian Township’s MLS listings; the search links above open each one filtered to Meridian Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48864, which takes in Meridian Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).