The Melrose housing market is not very competitive. The median sale price of a home in Melrose was $450K last month, up 5.9% since last year. The median sale price per square foot in Melrose is $232, down 11.5% since last year.
In October 2024, Melrose home prices were up 5.9% compared to last year, selling for a median price of $450K. On average, homes in Melrose sell after 109 days on the market compared to 92 days last year. There were 13 homes sold in October this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$450,000
+5.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Melrose, FL
$450,000
+5.9%
United States
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 Greenacres add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Melrose
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Melrose housing market?
Melrose is not very competitive. Homes sell in 102 days.
0
100
24
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 9 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 102 days.
Hot homes
can sell for about 1% below list price and go pending in around 56 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
31% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Melrose has a minor risk of flooding. 9 properties in Melrose are likely to be
severely affected
by flooding over the next 30 years. This represents 31% of all properties in Melrose. Flood risk is increasing slower than 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.