The Melrose Park housing market is somewhat competitive. The median sale price of a home in Melrose Park was $420K last month, down 6.7% since last year. The median sale price per square foot in Melrose Park is $373, up 47.7% since last year.
What is the housing market like in Melrose Park today?
In May 2025, Melrose Park home prices were down 6.7% compared to last year, selling for a median price of $420K. On average, homes in Melrose Park sell after 78 days on the market compared to 46 days last year. There were 17 homes sold in May this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$420,000
-6.7% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Melrose Park, FL
$420,000
-6.7%
United States
To compare other locations to the Melrose Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fort Lauderdale 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 Park
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 Park housing market?
Melrose Park is somewhat competitive. Homes sell in 76 days.
0
100
44
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 6 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 76 days.
Hot homes
can sell for around list price and go pending in around 31 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 Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Melrose Park.
Flood Factor - Minor
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Melrose Park has a minor risk of flooding. 0 properties in Melrose Park are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in Melrose Park. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Melrose Park has a moderate risk of wildfire. There are 2 properties in Melrose Park that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Melrose Park.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Melrose Park has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Melrose Park is most at risk from hurricanes. 2,031 properties in Melrose Park 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 196 mph.