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Melrose grange hallPhoto: Jsayre64 · Public domain
Housing in Melrose

14 homes sold in Melrose in the last year, at a typical $805K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Melrose homes are listed.

Homes sold
14
May 2025 to April 2026
Typical sale price
$805K
median, weighted by sales
Price per square foot
$300
Oregon $295
Paid vs. asking
95.7%
0% sold over asking
For sale now
5
April 2026 · 1 sold that month
What sold · last 12 months

Houses are 100% of Melrose’s sales, at a typical $805K

14 homes sold in the year to April 2026.

Houses$805K

typical sale · 14 sold in 12 months

Per square foot
$300OR $296
Days to sell
122
Sold over asking
0%
Listings with a price cut
48%

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $800K buys in Melrose

Houseat $300 a sq ft
The same money in Oregonat $296 a sq ft

Is this asking price fair?

Check a listing against what Melrose homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Melrose home costs about $4,538 a month

Mortgage
Property tax
Insurance
Rent

Price: Melrose’s typical sale, last 12 months. Property tax at Melrose’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Melrose is affordable on local pay is on Cost of living.

Before you buy in Melrose

Four things worth knowing

0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $805K home, about $4,060 a year.

Taxes vs. neighbors
20 min

Typical commute

The average one-way trip to work for people who live in Melrose.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Melrose, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Melrose. People who follow the town see it, and so do people comparing Melrose with their own town. No commission, no listing fee.

Questions about buying a home in Melrose

What do homes sell for in Melrose, OR?

14 homes sold in the year to April 2026 at a typical $805K, $300 a square foot.

Is Melrose a buyer’s or seller’s market?

A balanced market: 5 homes were for sale in April 2026 and 1 sold, about 5 months of supply. Buyers paid 95.7% of asking on average, and 48% of listings cut their price.

How much are property taxes in Melrose?

About 0.5% of a home’s value a year. On a $805K home that’s near $4,060.

Where can I see homes for sale in Melrose?

Zillow, Redfin, Realtor.com and Homes.com all carry Melrose’s MLS listings; the search links above open each one filtered to Melrose.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).