The East Fairfields-Melrose Place housing market is not very competitive. The median sale price of a home in East Fairfields-Melrose Place was $152K last month, up 252.9% since last year. The median sale price per square foot in East Fairfields-Melrose Place is $92, up 1126.7% since last year.
East Fairfields-Melrose Place Housing Market Trends
What is the housing market like in East Fairfields-Melrose Place today?
In January 2025, East Fairfields-Melrose Place home prices were up 252.9% compared to last year, selling for a median price of $152K. There were 4 homes sold in January this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$151,750
+252.9% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
East Fairfields-Melrose Place, LA
$151,750
+252.9%
United States
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How hot is the East Fairfields-Melrose Place housing market?
East Fairfields-Melrose Place is not very competitive. Homes sell in 64.5 days.
0
100
17
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 12 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 65 days.
Hot homes
can sell for around list price and go pending in around 9 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
East Fairfields-Melrose Place, LA
88.0%
-4.9 pt
United States
Schools in East Fairfields-Melrose Place
Learn about schools in the East Fairfields-Melrose Place area
Elementary
Middle
High
GreatSchools Rating
4/10
Melrose Elementary School
Public • PreK-5
336
Students
3 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 East Fairfields-Melrose Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in East Fairfields-Melrose Place.
Flood Factor - Moderate
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
East Fairfields-Melrose Place has a moderate risk of flooding. 69 properties in East Fairfields-Melrose Place are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in East Fairfields-Melrose Place. Flood risk is increasing slower than the national average.
99% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
East Fairfields-Melrose Place has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. East Fairfields-Melrose Place is most at risk from hurricanes. 1,016 properties in East Fairfields-Melrose Place 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 142 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 147 mph.
99% of properties are at severe
risk of heat over the next 30 years
Heat Factor
East Fairfields-Melrose Place has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in East Fairfields-Melrose Place have a Severe Heat Factor®.
East Fairfields-Melrose Place is expected to see a 185% increase in the number of days over 108ºF over the next 30 years. East Fairfields-Melrose Place is expected to experience 8