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Housing in Melissa

373 homes sold in Melissa in the last year, at a typical $453K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Melissa homes are listed.

Homes sold
373
June 2025 to May 2026
Typical sale price
$453K
median, weighted by sales
Price per square foot
$188
Texas $175
Paid vs. asking
97.7%
13% sold over asking
For sale now
174
May 2026 · 40 sold that month
What sold · last 12 months

Houses are 97% of Melissa’s sales, at a typical $460K

373 homes sold in the year to May 2026.

Houses$460K

typical sale · 362 sold in 12 months

Per square foot
$188TX $173
Days to sell
75
Sold over asking
14%
Listings with a price cut
34%
Fewer sales

Townhouses: 11 sold, typical $352K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

373 sales in the last year, against 790 in 2023 and a low of 170 in 2012. The typical sale went from $257K in 2016 to $453K.

Homes soldTypical sale price
0200400600800$225K$350K$475K$600K2012: 170 sold, typical $180K’122013: 199 sold, typical $185K2014: 213 sold, typical $208K’142015: 273 sold, typical $232K2016: 328 sold, typical $257K’162017: 329 sold, typical $279K2018: 372 sold, typical $287K’182019: 472 sold, typical $310K2020: 639 sold, typical $320K’202021: 498 sold, typical $395K2022: 464 sold, typical $528K’222023: 790 sold, typical $505K2024: 486 sold, typical $509K’242025: 376 sold, typical $481KLast 12 months: 373 sold, typical $453KNow

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

What your budget buys

What $450K buys in Melissa

Houseat $188 a sq ft
The same money in Texasat $173 a sq ft

Is this asking price fair?

Check a listing against what Melissa 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.

What the sales history says · 14 years of sales

Bidding wars in Melissa are back to pre-pandemic levels, and more homes are for sale

We read every month of Melissa’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 373 sales.

If you’re buying in Melissa

  • Shop in August. It brings about 53 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • You can negotiate. 34% of listings have cut their price, against 30% before the pandemic.
  • Offer under asking. Buyers paid 97.7% of the list price on average; 13% paid over.
  • You’ll usually have time. Only 15% of homes go under contract within two weeks; the typical one takes 78 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 60 a month), but May is the most competitive: 25% of May sales close over asking. July and August offer nearly as much choice with fewer homes bid up (22%). December has the least competition (13%) but only about 22 new listings.

New listings a monthShare sold over asking
01530456013%27%40%Sweet spotJan: 41 new listings a month, 18% sold over asking, 73 days to sellJFeb: 34 new listings a month, 19% sold over asking, 68 days to sellFMar: 51 new listings a month, 22% sold over asking, 57 days to sellMApr: 52 new listings a month, 23% sold over asking, 49 days to sellAMay: 57 new listings a month, 25% sold over asking, 43 days to sellMJun: 60 new listings a month, 23% sold over asking, 45 days to sellJJul: 53 new listings a month, 22% sold over asking, 40 days to sellJAug: 53 new listings a month, 20% sold over asking, 46 days to sellASep: 40 new listings a month, 16% sold over asking, 50 days to sellSOct: 40 new listings a month, 15% sold over asking, 59 days to sellONov: 34 new listings a month, 16% sold over asking, 63 days to sellNDec: 22 new listings a month, 13% sold over asking, 68 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Texas as a whole

Melissa now2017–192021 peakTX now
Sold over askingShare of sales that closed above the list price13%13%56%12%
Gone within two weeksShare of homes under contract within 14 days15%26%65%20%
Listings with a price cutShare of homes for sale that cut their price34%30%11%30%
Price paid vs. askingAverage sale price ÷ list price97.7%98.2%103.1%96.9%
Days to sellMedian days from listing to contract78612271
Supply

157 homes for sale on a typical day

That’s 3.4 times the 2015 low (46) and 37% more than in 2017–19.

2012: 52 for sale’122013: 47 for sale2014: 52 for sale2015: 46 for sale’152016: 71 for sale2017: 81 for sale2018: 124 for sale’182019: 138 for sale2020: 115 for sale2021: 50 for sale’212022: 128 for sale2023: 167 for sale2024: 158 for sale’242025: 165 for saleLast 12 months: 157 for saleNow
Room to negotiate

1 in 3 listings has cut its price

34% in the last year, against 30% in 2017–19 and 30% across Texas.

2015: 19%’152016: 21%2017: 24%2018: 31%’182019: 33%2020: 25%2021: 11%’212022: 36%2023: 36%2024: 36%’242025: 31%Last 12 months: 34%Now
Across Texas

Melissa ranks 154th of 372 busy Texas markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Melissa is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Melissa home costs about $2,934 a month

Mortgage
Property tax
Insurance
Rent

Price: Melissa’s typical sale, last 12 months. Property tax at Melissa’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Melissa is affordable on local pay is on Cost of living.

Before you buy in Melissa

Six things worth knowing

60

New listings in June

The month with the most choice. December has the fewest, about 22.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $453K home, about $6,850 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Melissa, from test results, graduation and how much students grow.

Schools in Melissa
34 min

Typical commute

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

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.

Nearby markets · last 12 months

Anna, Princeton and Van Alstyne sell for less a square foot; Fairview for far more

The busier markets within 25 miles of Melissa, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
McKinney2,855$509K$20811%60
Princeton1,344$330K$1585%72
Anna701$350K$1658%85
Melissa373$453K$18813%78
Van Alstyne179$393K$1739%137
Fairview166$612K$25311%63
Lowry Crossing42$456K$22110%76

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Melissa, free

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

Questions about buying a home in Melissa

What do homes sell for in Melissa, TX?

373 homes sold in the year to May 2026 at a typical $453K, $188 a square foot.

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

A balanced market: 174 homes were for sale in May 2026 and 40 sold, about 4.4 months of supply. Buyers paid 97.7% of asking on average, and 34% of listings cut their price.

When is the best time to buy in Melissa?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Melissa?

About 1.5% of a home’s value a year. On a $453K home that’s near $6,850.

Where can I see homes for sale in Melissa?

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

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).