Melrose, NM Housing Market

Homes for sale

The median sale price of a home in Melrose was $220K last month, up 120.0% since last year.

Trends
Demand
Migration
Schools
Climate

Melrose Housing Market Trends

What is the housing market like in Melrose today?

In October 2024, Melrose home prices were up 120.0% compared to last year, selling for a median price of $220K.

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Sale Price

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Sale $/Sq. Ft.

Over List Price

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Days on Market

Down Payment

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Total Homes Sold

To compare other locations to the Melrose and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Melrose add value to a home.

Melrose Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Melrose that sold recently

Recently sold homes

SOLD APR 16, 2025
Unknown Last Sold Price
4 beds
3 baths
1,582 sq ft
208 W A Ave, Melrose, NM 88124
List Price
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Sale to List
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Days on Market
64 days
208 W A Ave, Melrose, NM 88124
SOLD MAR 21, 2025
Unknown Last Sold Price
3 beds
2 baths
1,248 sq ft
616 N 8th St, Melrose, NM 88124
List Price
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Sale to List
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Days on Market
65 days
616 N 8th St, Melrose, NM 88124

Schools in Melrose

Learn about schools in the Melrose area

Elementary
Middle
High

GreatSchools Rating

6/10

Melrose Elementary School

Public • PreK-6

158

Students

2 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Melrose housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Melrose.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Major

95% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Melrose

New Listings in Melrose

Zip Code Housing Markets

88124 Housing Market

Zip Code Listings

88124 Real Estate

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