Housing Prices in Melrose, MN
How much do homes in Melrose, MN cost?
Median List Price
$249,900
$126/sqft
Based on all homes listed in the last 12 months.
The Median List Price hasn't changed since April 2023.
Key Takeaway
The list price of homes in Melrose has remained the same since last year.
Summary: The median home list price in Melrose was $249,900 in April 2024, the same as the previous year, and the median price per square foot was $126.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249.9K | - | N/A |
| 2 Bedrooms | $259.2K | $242.4K | -6.5% |
| 3 Bedrooms | $199.9K | $219.9K | +10.0% |
| 4 Bedrooms | $260K | $254.4K | -2.1% |
| 5+ Bedrooms | - | $307.4K | N/A |
Summary: Melrose housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Melrose Township | $251.7K | $256.9K | +2.1% |
| Melrose | $249.9K | $249.9K | 0.0% |
Housing Supply in Melrose, MN
How many homes are available in Melrose, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 12 | +300.0% |
Summary: The Melrose real estate market had 12 homes for sale in April 2024, a 300.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 1 | 6 | +500.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Melrose housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 500%, and 5+ bedroom homes remained the same.
Days on Market for Melrose, MN
How long does it take to sell a home in Melrose, MN?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 90 Days | 47 Days | -47.9% |
Summary: Homes in Melrose had an average listing age of 47 days in Apr 2024, down by 47.9% compared to the previous year.
