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Land Foreclosures in Melissa, TX 75454

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Melissa, TX Foreclosures

How much do homes sell for in Melissa, TX?
The average home price is currently $478,033.
What’s the average rental cost in Melissa, TX?
The average rental price in Melissa is $1,829.
What is the most expensive home in Melissa?
The most expensive home sold in Melissa had a price of $12,207,000.
What is currently the cheapest priced home in Melissa, TX?
The cheapest home for sale in Melissa is priced at $19,387.

Living in Melissa, TX

Melissa, Texas is a burgeoning small town located in the suburbs of the Dallas-Fort Worth area, known for its excellent schools, community spirit, and access to outdoor activities. Residents appreciate the blend of urban convenience and suburban tranquility. With ongoing development and a commitment to family-friendly amenities, Melissa is an increasingly popular place to call home.

Current Market Conditions in Melissa, TX

The real estate market in Melissa, TX, has been experiencing significant growth as more families and individuals move to the area for its affordability compared to nearby cities and its strong community atmosphere. Prices have shown a steady increase, with homes typically being snapped up quickly due to high demand.

The trend of remote work has positively impacted the real estate sector in Melissa, as buyers are increasingly looking for spacious homes outside of urban centers. With new developments and continued interest from homebuyers, Melissa's market shows no signs of slowing down.

Home Value Estimator For Melissa, TX

There are currently 7,624 real estate properties in Melissa, TX, with a median automated valuation model (AVM) price of $435,692.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Melissa, TX, 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 Melissa, TX, is $478,033.00, with the most expensive house in Melissa, TX, topping out at $12,207,000.00 and the cheapest home in Melissa, TX, clocking in at $19,387.00. In other words, there’s something for every potential homebuyer or savvy investor in Melissa, TX!

Rent Prices In Melissa, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Melissa, TX, is on a rollercoaster ride. The average rent price in Melissa, TX, is $1,829.00. Indeed, when looking to rent in Melissa, TX, you can expect to pay as little as $800.00 or as much as $3,820.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Melissa, TX -- 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.

Melissa, TX 75454 Land


Market Trend for Melissa, TX

Total Listings Available: 0

Market Values:

Home Prices from $19,387 to $12,207,000

Average Sales Price: $478,033

Rental Values:

Rental from $800 to $3,820

Average Rent Value: $1,829 / month

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