Melrose, IA Home Values & Market Trends

Real estate market trends reflect that there have been 3 transactions over the past year in Melrose. The median value for residential home transactions that occurred over the previous year is $110,865. The number of current listings in Melrose is 5, and the percentage of properties for sale in the city is 5.00%. Melrose, IA currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 5 properties for sale.

Melrose, IA Real Estate Market Overview

ZipMedian Est. Value
52569

$ 157,000

$ 97/sqft

Housing Market Summary for Melrose, IA

Apr 2023March 2024Change
Median Listing Price$181.5K$102.5K-43.50%
Median Sold Price$116K$102.5K-11.59%
Homes For Sale24100.00%
Homes Sold2350.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Melrose, IA

Melrose home values range from $16,940 to $770,000. The median estimated value of a home in Melrose is $110,865. The median list price of a home is 160,000, and the total count of properties in the city is 580.

Foreclosure
There is 1 zips within Melrose, IA; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in 52569 to the lowest value of $0 in 52569. Foreclosure homes account for 0.00% of properties in Melrose, IA with 52569 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Melrose, IA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Melrose, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Melrose, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Melrose, IA. There is 1 zips within Melrose, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    52569 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Melrose, IA. Auction homes and other auction properties account for 0.17% of all properties in Melrose, IA. There is 1 zips within Melrose, IA; of that zips, the median estimated home value for homes going to auction ranges from $0 in 52569 to the lowest value of $0 in 52569.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.86% of residential properties in Melrose, IA with 52569 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Melrose, IA; homes for sale in that zips, have a range of median values from $286,884 in 52569 to the lowest value of $140,000 in 52569.
    Sold Homes
    The median value for recently sold homes ranges from $109,000 in 52569 to the lowest price of $105,890 in 52569. There is 1 zips within Melrose, IA. 52569 has 2 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.34% of properties in Melrose, IA.

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      Guide for Melrose, IA

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Melrose, IA

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