The Melrose housing market is somewhat competitive. The median sale price of a home in Melrose was $1.4M last month, down 34.9% since last year. The median sale price per square foot in Melrose is $763, down 16.7% since last year.
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 Los Angeles add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Melrose housing market?
Melrose is somewhat competitive. Homes sell in 62 days.
0
100
45
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 62 days.
Hot homes
can sell for around list price and go pending in around 27 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Melrose Elementary School
Public • K-5 • Choice school
443
Students
38 reviews
7/10
Rosewood Avenue Elementary School, School For Advanced Studies
Public • K-5
287
Students
46 reviews
4/10
Laurel Elementary School
Public • K-8
265
Students
13 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.
Risk Factor
Flood Factor - Minor
We’re working on getting current and accurate flood risk information
Flood Factor
Melrose has a minor risk of flooding. properties in Melrose are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Melrose. Flood risk is increasing at the same pace as the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Melrose has a moderate risk of wildfire. There are 81 properties in Melrose that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Melrose.