Melrose Housing Information - Census

IndexMelroseIowaNational
Median home price$61,300$126,300$175,700
Median rent asked$738$689$920
Avg. people per household2.12.32.6
Owner occupied households79.3%71.8%64.4%
Renter occupied households20.7%28.2%35.6%

Melrose Housing Information - Zillow

IndexMelroseIowaNational
Zillow home value indexn/a$125,600$196,500
Year over year appreciation raten/a1.29%6.79%
5 year average appreciation raten/a2.45%5.28%
10 year average appreciation raten/an/a0.01%

Did you know?

  • The median home price in Melrose is 65% lower than the national average.
  • The median rent asked in Melrose is 20% lower than the national average.
  • The average number of people per household in Melrose is 21% lower than the national average.
  • The number of owner occupied households in Melrose is 23% higher than the national average.
  • The number of renter occupied households in Melrose is 42% lower than the national average.

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Compare Melrose, IA Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Williamson, IA123$29,70083%
Mystic, IA444$49,30072%
Lovilia, IA580$52,90070%
Rathbun, IA64$53,60069%
Russell, IA522$61,00065%
Melrose, IA121$61,30065%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Bethel, MO121$45,80074%
Lewistown, OH121$49,30072%
Tobias, NE121$43,80075%
Snake Creek, OK121$86,70051%
Summit Lake, WI121$153,60013%
Melrose, IA121$61,30065%
Source: The Melrose, IA housing data displayed above is derived from the United States Census Bureau and Zillow data.