The Melrose District housing market is somewhat competitive. The median sale price of a home in Melrose District was $1.58M last month, up 5.0% since last year. The median sale price per square foot in Melrose District is $819, down 5.9% since last year.
What is the housing market like in Melrose District today?
$1.58M
Sale Price
+5.0% since last year
$819
Sale $/Sq. Ft.
-5.9% since last year
Under List Price
2.1%
Days on Market
61
Down Payment
10.1%
Total Homes Sold
17
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How hot is the Melrose District housing market?
Melrose District is somewhat competitive. Homes sell in 61 days.
0
100
48
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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 61 days.
Hot homes
can sell for around list price and go pending in around 32 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 District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Melrose District.
Flood Factor - Minimal
We’re working on getting current and accurate flood risk information
Flood Factor
Overall, Melrose District has a minimal risk of flooding impacting the community over the next 30 years.
Melrose District has minimal risk of severe winds over the next 30 years
Wind Factor
Melrose District has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Melrose District has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Melrose District have a Major Heat Factor®.
Melrose District is expected to see a 200% increase in the number of days over 92ºF over the next 30 years. Melrose District is expected to experience 6