Melrose, FL Foreclosures
How much do homes sell for in Melrose, FL?
The average home price is currently $292,724.
In Melrose, FL, how many homes are available?
There are currently 118 active home listings available in Melrose.
What’s the average rental cost in Melrose, FL?
The average rental price in Melrose is $1,096.
What is the most expensive home in Melrose?
The most expensive home sold in Melrose had a price of $4,185,400.
What is currently the cheapest priced home in Melrose, FL?
The cheapest home for sale in Melrose is priced at $18,691.
Living in Melrose, FL
Melrose, Florida, is a picturesque small town known for its serene environment and community-focused lifestyle. With an array of beautiful lakes and outdoor activities, residents enjoy fishing, hiking, and boating right at their doorstep. The area's rich history and welcoming atmosphere make it an appealing destination for families and retirees alike.
Current Market Conditions in Melrose, FL
The Melrose real estate market has been experiencing stability, with moderate price increases and a steady demand for homes. The town's appeal, especially for those seeking a peaceful lifestyle away from the hustle and bustle, has made it a desirable location for new buyers. Recent reports indicate an interest in properties that provide ample outdoor space, catering to families and retirees looking to enjoy the local natural beauty.
Buyer activity has increased, particularly in the affordable segment of homes, leading to quicker sales than seen in previous years. Many buyers are seeking to relocate from nearby urban areas, contributing to a competitive market, but inventory remains relatively balanced.
Home Value Estimator For Melrose, FL
There are currently 3,049 real estate properties
in Melrose, FL,
with a median automated valuation model (AVM) price
of $239,189.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Melrose, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Melrose, FL,
is $292,724.00, with the most expensive house
in Melrose, FL, topping out
at $4,185,400.00 and the cheapest home
in Melrose, FL,
clocking in at $18,691.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Melrose, FL!
Rent Prices
In Melrose, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Melrose, FL, is on
a rollercoaster ride. The
average rent price in Melrose, FL,
is $1,096.00. Indeed, when looking to rent in
Melrose, FL, you can expect to pay as little
as $550.00 or as much
as $2,590.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Melrose, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
