The Melrose housing market is not very competitive. The median sale price of a home in Melrose was $427K last month, down 1.4% since last year. The median sale price per square foot in Melrose is $230, down 14.5% since last year.
In April 2025, Melrose home prices were down 1.4% compared to last year, selling for a median price of $427K. On average, homes in Melrose sell after 116 days on the market compared to 72 days last year. There were 14 homes sold in April this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$426,500
-1.4% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
Melrose, FL
$426,500
-1.4%
United States
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How hot is the Melrose housing market?
Melrose is not very competitive. Homes sell in 130 days.
0
100
13
Not 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 6 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 130 days.
Hot homes
can sell for about 1% below list price and go pending in around 81 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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Melrose.
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.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
Melrose has a moderate risk of wildfire. There are 204 properties in Melrose that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in Melrose.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Melrose has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Melrose is most at risk from hurricanes. 1,089 properties in Melrose 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 187 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 200 mph.