Zip 54642 (Melrose, WI) Housing

\nThe housing market in Melrose, WI (54642) is quite strong compared to the US as a whole. The median value of houses here is $175,500, which is much lower than the US median value of $338,100. Furthermore, house appreciation over the past year in Melrose has been 11.74%, while the US average was 8.27%. This makes Melrose an attractive option for those looking for an affordable house that will gain value quickly over time.

The median home cost in Melrose (zip 54642) is $175,500. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Melrose (zip 54642) is up 14.8%.

Average Age of Homes

- The median age of Melrose (zip 54642) real estate is 46 years old

The Rental Market in Melrose (zip 54642)

- Renters make up 19.2% of the Melrose (zip 54642) population
- 0.7% of houses and apartments in Melrose (zip 54642), 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	Melrose, Wisconsin	United States
	896.0	139,647,020.0
	44	42
	$175,500	$338,100
	14.8%	16.6%
	49.5%	57.0%
	71.4%	101.1%
	$16.54	$10.98
	$2,749	$2,690
	74.3%	57.4%
	11.9%	11.2%
	13.7%	31.4%
Vacant Housing
	0.7%	1.9%
	0.7%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	4.6%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	1.8%	2.4%
	5.0%	2.8%
	2.9%	3.9%
	5.6%	4.5%
	22.4%	11.3%
	23.0%	13.0%
	19.2%	20.1%
	9.3%	13.6%
	1.1%	8.3%
	5.6%	9.7%
	1.5%	3.9%
	0.6%	2.2%
	0.5%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.1%	13.6%
	16.1%	13.6%
	13.3%	13.6%
	11.5%	13.2%
	8.8%	14.8%
	13.3%	13.6%
	6.1%	10.0%
	5.6%	4.7%
	23.9%	12.2%

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