Melrose, OR is a great place to buy a home. The median house value in Melrose is $491,700, which is significantly higher than the US median house value of $338,100. In the last year, both Melrose and the US have seen an appreciation of 8.27% and 8.24%, respectively. With these good market conditions, buying a home in Melrose may be an attractive option for many potential buyers.
The median home cost in Melrose is $491,700. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Melrose is up 13.1%.
Average Age of Homes
- The median age of Melrose real estate is 39 years old
The Rental Market in Melrose
- Renters make up 0.0% of the Melrose population
- 0.0% of houses and apartments in Melrose, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.