The Melrose Park Garden housing market is somewhat competitive. The median sale price of a home in Melrose Park Garden was $231K last month, up 3.8% since last year. The median sale price per square foot in Melrose Park Garden is $189, down 14.5% since last year.
What is the housing market like in Melrose Park Garden today?
In October 2024, Melrose Park Garden home prices were up 3.8% compared to last year, selling for a median price of $231K. On average, homes in Melrose Park Garden sell after 60 days on the market compared to 29 days last year. There were 6 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$231,000
+3.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Melrose Park Garden, PA
$231,000
+3.8%
United States
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How hot is the Melrose Park Garden housing market?
Melrose Park Garden is somewhat competitive. Homes sell in 51 days.
0
100
42
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 20 days.
Learn about schools in the Melrose Park Garden area
Elementary
Middle
High
GreatSchools Rating
4/10
Finletter Thomas K School
Public • PreK-8
681
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 Melrose Park Garden housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Melrose Park Garden.
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Melrose Park Garden has a minor risk of flooding. 37 properties in Melrose Park Garden are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Melrose Park Garden. 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 Park Garden has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Melrose Park Garden is most at risk from hurricanes. 1,355 properties in Melrose Park Garden 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 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Melrose Park Garden has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Melrose Park Garden have a Major Heat Factor®.
Melrose Park Garden is expected to see a 114% increase in the number of days over 103ºF over the next 30 years. Melrose Park Garden is expected to experience 7