What is the housing market like in Melrose-Oakpark today?
In July 2024, Melrose-Oakpark home prices were down 74.3% compared to last year, selling for a median price of $93K.
$92.5K
Sale Price
$128
Sale $/Sq. Ft.
Under List Price
11.8%
Days on Market
8
Down Payment
—
Total Homes Sold
1
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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-Oakpark housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Melrose-Oakpark.
Flood Factor - Minor
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Melrose-Oakpark has a minor risk of flooding. 1 properties in Melrose-Oakpark are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in Melrose-Oakpark. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Melrose-Oakpark has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Melrose-Oakpark is most at risk from hurricanes. 255 properties in Melrose-Oakpark 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 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 59 mph.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Melrose-Oakpark has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Melrose-Oakpark have a Moderate Heat Factor®.
Melrose-Oakpark is expected to see a 171% increase in the number of days over 101ºF over the next 30 years. Melrose-Oakpark is expected to experience 8