Melissa, TX

Buyer's market-14.2% YoY

Housing market overview · Updated weekly

$435,000median sale price

Homes sold

17

Last 12 weeks

Days on market

85

Average pace

Active listings

133

7.8 months supply

Sale-to-list

97.3%

Below asking

The Melissa housing market is currently classified as a buyer's market with a median sale price of $435,000. Prices have fallen 14.2% compared to last year, with homes spending an average of 85 days on market, indicating 7.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Melissa

There are currently 133 homes listed for sale in Melissa, Texas. The median listing price is $458K.

Active listings

133

Homes on market

Median list price

$458K

Avg. days on market

85

Days until sale

New this week

44

Newly listed

Price drops:36.8%of listings
Sale-to-list:97.3%

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Frequently asked questions

What is the average home price in Melissa?

The median home sale price in Melissa is $435,000, down 14.2% from last year.

How long do homes stay on market in Melissa?

Homes typically spend 85 days on market before going under contract.

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

With 7.8 months of supply, Melissa is currently a buyer's market.

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