Housing Prices in Melissa, TX
How much do homes in Melissa, TX cost?
Median List Price
$516,326
$199/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Melissa has decreased by 1% since last year.
Summary: The median home list price in Melissa was $516,326 in May 2024, down 1% from the previous year, and the median price per square foot was $199.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $1.4M | +492.6% |
| 3 Bedrooms | $425K | $415K | -2.4% |
| 4 Bedrooms | $524.9K | $524.9K | 0% |
| 5+ Bedrooms | $585.4K | $574.9K | -1.8% |
Summary: Melissa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 492.6%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in Melissa, TX
How many homes are available in Melissa, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 185 | 199 | +7.6% |
Summary: The Melissa real estate market had 199 homes for sale in May 2024, a 7.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 49 | 44 | -10.2% |
| 4 Bedrooms | 107 | 117 | +9.3% |
| 5+ Bedrooms | 28 | 37 | +32.1% |
Summary: The Melissa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 32.1%.
Days on Market for Melissa, TX
How long does it take to sell a home in Melissa, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 121 Days | 70 Days | -42.4% |
Summary: Homes in Melissa had an average listing age of 70 days in May 2024, down by 42.4% compared to the previous year.
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