The Melrose Heights housing market is very competitive. The median sale price of a home in Melrose Heights was $320K last month, down 21.8% since last year. The median sale price per square foot in Melrose Heights is $209, down 15.4% since last year.
What is the housing market like in Melrose Heights today?
$320K
Sale Price
-21.8% since last year
$209
Sale $/Sq. Ft.
-15.4% since last year
Under List Price
2.5%
Days on Market
19
Down Payment
—
Total Homes Sold
1
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How hot is the Melrose Heights housing market?
Melrose Heights is very competitive. Homes sell in 19 days.
0
100
73
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 19 days.
Hot homes
can sell for about 1% above list price and go pending in around 16 days.
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 Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Melrose Heights.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Melrose Heights has a minor risk of flooding. 4 properties in Melrose Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Melrose Heights. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Melrose Heights has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Melrose Heights is most at risk from hurricanes. 696 properties in Melrose Heights have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 88 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 102 mph.
92% of properties are at major
risk of heat over the next 30 years
Heat Factor
Melrose Heights has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 92% of homes in Melrose Heights have a Major Heat Factor®.
Melrose Heights is expected to see a 128% increase in the number of days over 109ºF over the next 30 years. Melrose Heights is expected to experience 8