Melrose, WI Foreclosures
Current Market Conditions in in Melrose, WI As of February 2026?
In the past month, the Melrose real estate market has experienced a small appreciation in home prices, attributed to the limited inventory and high buyer interest. This trend has encouraged sellers to list their homes at competitive prices, leading to quicker sales. Additionally, recent listings have attracted attention from both local buyers and those from nearby urban areas seeking a more serene living environment. Overall, the market remains strong, although potential buyers should be prepared to act swiftly when they find a suitable property.
How much do homes sell for in Melrose, WI?
The average home price is currently $266,863.
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 small town surrounded by nature, offering a peaceful lifestyle with a close-knit community. Residents enjoy a variety of outdoor activities in the nearby parks and trails, and the town hosts local events throughout the year. With essential amenities and easy access to larger cities, Melrose provides a perfect blend of rural charm and convenience.
Buyer vs Seller Market in Melrose, WI
The current real estate market in Melrose is showing promising signs of growth, with a steady increase in home values. The demand for homes in this quaint town has been rising, partially due to its attractive rural setting and the lifestyle it offers. Buyers are attracted to both the affordability and the quality of life here, making it a desirable location for families and retirees alike.
Recently, multiple homes have sold quickly, indicating a healthy turnover in the market. Sellers are taking advantage of the favorable conditions, as the inventory remains relatively low, keeping competition high for quality listings. Real estate agents report that well-maintained homes are often receiving multiple offers.
Home Value Estimator For Melrose, WI
There are currently 857 real estate properties
in Melrose, WI,
with a median automated valuation model (AVM) price
of $232,183.00. 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 $266,863.00, 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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