Zip 75454 (Melissa, TX) Housing

The housing market in Melissa, TX 75454 is thriving. The median value of a house in this area is $465,400, which is significantly higher than the national median value of $338,100. The appreciation rate for houses in Melissa over the past year has also been impressive at 21.41%, well above the national average of 8.27%. This indicates that the housing market in Melissa is highly desirable and ripe for investment opportunities.

The median home cost in Melissa (zip 75454) is $465,400. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Melissa (zip 75454) is up 23.0%.

Average Age of Homes

- The median age of Melissa (zip 75454) real estate is 12 years old

The Rental Market in Melissa (zip 75454)

- Renters make up 16.0% of the Melissa (zip 75454) population
- 2.1% of houses and apartments in Melissa (zip 75454), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Melissa, Texas	United States
	4,858.0	139,647,020.0
	9	42
	$465,400	$338,100
	23.0%	16.6%
	77.0%	57.0%
	144.0%	101.1%
	$19.07	$10.98
	$6,214	$2,690
	85.0%	57.4%
	3.1%	11.2%
	11.9%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	2.3%	11.3%
	5.9%	13.0%
	28.5%	20.1%
	50.4%	13.6%
	8.2%	8.3%
	4.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	5.5%	0.2%
	24.3%	13.6%
	24.3%	13.6%
	8.7%	13.6%
	2.8%	13.2%
	0.0%	14.8%
	8.7%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	1.3%	12.2%

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