Melrose, WI Foreclosures
How much do homes sell for in Melrose, WI?
The average home price is currently $254,997.
In Melrose, WI, how many homes are available?
There are currently 1 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, WI, is a picturesque village in Jackson County, characterized by its natural beauty and community spirit. Surrounded by lakes and forests, it offers a range of outdoor recreational activities. With a friendly atmosphere and quality educational institutions, Melrose is an attractive option for families and nature enthusiasts alike.
Current Market Conditions in Melrose, WI
In recent months, the real estate market in Melrose has remained stable, with a healthy demand for homes, particularly among those looking for a quieter lifestyle away from urban centers. As more people seek rural or semi-rural living, interest in properties in Melrose has been evident, with various home styles available to suit different preferences and budgets.
With little new construction and limited inventory, buyers are often competing for available homes. This has resulted in a slight increase in home prices over the past year, making Melrose an appealing, albeit competitive, market for prospective homeowners.
Home Value Estimator For Melrose, WI
There are currently 728 real estate properties
in Melrose, WI,
with a median automated valuation model (AVM) price
of $226,735.00. 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 $254,997.00, 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.
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