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Melrose Real Estate Market Facts

  • $259,800Median home price
    37% lower than Oakland
  • $1,476Median rent asked
    14% higher than Oakland
  • 26.8%Home owners
    50% lower than Oakland
  • 3.5People per home
    18% higher than Oakland

Melrose Home Affordability

  • $259,800Median home price
    37% lower than Oakland
  • $61,857Median home income
    3% lower than Oakland
  • 4.2xHome price to income ratio
    35% lower than Oakland

Melrose Affordability Calculator

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Melrose Mortgage Calculator

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Melrose Demographics

  • 437Population
  • 478People / sq mile
  • 33.3Median age
  • 1.3:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
North Gate, CA465$0100%
Rollingwood, CA3,231$198,5007%
San Pablo, CA29,991$221,40020%
North Richmond, CA4,039$247,70034%
San Miguel CDP (San Luis Obispo County), CA2,696$287,10055%
Oakland, CA412,040$500,500171%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Minneapolis, MN404,670$212,80015%
Tulsa, OK399,906$126,20032%
Miami, FL432,622$241,20031%
Cleveland, OH389,165$67,50063%
Wichita, KS388,033$120,80035%
Oakland, CA412,040$500,500171%
Source: The Melrose, Oakland, CA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).