Melrose Housing Market Report February 2025Monroe County, Iowa

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Housing Prices in Melrose, IA

How much do homes in Melrose, IA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$339,450$195/SqFt
+$274,450
+422.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Melrose has increased by 422.2% since last year.

Summary: The median home list price in Melrose was $339,450 in February 2025, up 422.2% from the previous year, and the median price per square foot was $195.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$385K$385K
0.0%
2$57.4K$379.9K
+561.3%
3-$299K
N/A
4-$147K
N/A
5--
N/A

Summary: Melrose housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +561.3%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Melrose, IA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Melrose, IA

Housing supply in Melrose, IA

How many homes are available in Melrose, IA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
3Last MonthFeb 2025
32 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The Melrose real estate market had 3 homes for sale in Feb 2025, the same as Jan 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
211
0.0%
311
0.0%
411
0.0%
500
0.0%

Summary: Melrose housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Melrose, IA

How long does it take to sell a home in Melrose, IA?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
180 DaysThis YearFeb 2025
84 Days1 year agoFeb 2024
+114.3 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Melrose had an average listing age of 180 days in Feb 2025, up by 114.3% compared to the previous year.

Newest Listings in Melrose, IA

What homes are available in Melrose, IA?

Nearby markets

Nearby markets aren't available for Melrose, IA

MLS Disclaimers and Copyright

Based on information from Des Moines MLS, for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.