Melrose, WI Foreclosures
How much do homes sell for in Melrose, WI?
The average home price is currently $257,196.
In Melrose, WI, how many homes are available?
There are currently 2 active home listings available in Melrose.
What’s the average rental cost in Melrose, WI?
The average rental price in Melrose is $1,654.
What is the most expensive home in Melrose?
The most expensive home sold in Melrose had a price of $2,217,000.
What is currently the cheapest priced home in Melrose, WI?
The cheapest home for sale in Melrose is priced at $16,936.
Living in Melrose, WI
Melrose, Wisconsin, is a quaint rural town known for its warm community spirit and beautiful natural surroundings. With a focus on outdoor activities and friendly neighborhoods, it offers a peaceful lifestyle away from the hustle and bustle of city life. The area supports a variety of recreational pursuits and promotes strong community values.
Current Market Conditions in Melrose, WI
The real estate market in Melrose has remained relatively stable, with modest growth observed over the past year. Homes here tend to attract buyers looking for affordable housing options in a quiet, rural setting. As telecommuting becomes more prevalent, demand for homes in small towns like Melrose is likely to rise as people seek more spacious living with access to nature.
Currently, the market is showing signs of a slight increase in home prices due to growing interest in the area as a safe haven for families and retirees. However, the market remains accessible, with plenty of options for various budgets.
Home Value Estimator For Melrose, WI
There are currently 730 real estate properties
in Melrose, WI,
with a median automated valuation model (AVM) price
of $225,639.00. 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, WI, 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, WI,
is $257,196.00, with the most expensive house
in Melrose, WI, topping out
at $2,217,000.00 and the cheapest home
in Melrose, WI,
clocking in at $16,936.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Melrose, WI!
Rent Prices
In Melrose, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Melrose, WI, is on
a rollercoaster ride. The
average rent price in Melrose, WI,
is $1,654.00. Indeed, when looking to rent in
Melrose, WI, you can expect to pay as little
as $840.00 or as much
as $2,360.00,
with the average rent median estimated to
be $1,580.00. The good news is that finding
an affordable and desirable property to rent in Melrose, WI
-- 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.