The Melrose Park housing market is somewhat competitive. The median sale price of a home in Melrose Park was $427K last month, up 5.6% since last year. The median sale price per square foot in Melrose Park is $280, down 5.1% since last year.
What is the housing market like in Melrose Park today?
In April 2024, Melrose Park home prices were up 5.6% compared to last year, selling for a median price of $427K. On average, homes in Melrose Park sell after 59 days on the market compared to 23 days last year. There were 16 homes sold in April this year, up from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$427,450
+5.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Melrose Park, FL
$427,450
+5.6%
United States
To compare other locations to the Melrose Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fort Lauderdale add value to a home.
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How hot is the Melrose Park housing market?
Melrose Park is somewhat competitive. Homes sell in 59 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 59 days.
Hot homes
can sell for around list price and go pending in around 21 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
94.1%
-4.7 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Melrose Park, FL
94.1%
-4.7 pt
United States
Home offer insights for Melrose Park
Explore recent offers and recently sold homes in Melrose Park
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Melrose Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Melrose Park.
Risk Factor
Flood Factor - Minor
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Melrose Park has a minor risk of flooding. 0 properties in Melrose Park are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in Melrose Park. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Melrose Park has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Melrose Park is most at risk from hurricanes. 2,031 properties in Melrose Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 187 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 196 mph.