Melrose, MN

Strong seller's market

Housing market overview · Updated weekly

$309,000median sale price

Homes sold

3

Last 12 weeks

Days on market

7

Fast-moving

Active listings

6

2.0 months supply

Sale-to-list

100.1%

Above asking

The Melrose housing market is currently classified as a strong seller's market with a median sale price of $309,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 7 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Melrose

There are currently 6 homes listed for sale in Melrose, Minnesota. The median listing price is $159K.

Active listings

6

Homes on market

Median list price

$159K

Avg. days on market

7

Days until sale

New this week

4

Newly listed

Price drops:16.7%of listings
Sale-to-list:100.1%

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Frequently asked questions

What is the average home price in Melrose?

The median home sale price in Melrose is $309,000, down 0.0% from last year.

How long do homes stay on market in Melrose?

Homes typically spend 7 days on market before going under contract.

Is Melrose a buyer's or seller's market?

With 2.0 months of supply, Melrose is currently a strong seller's market.

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