Melrose, IA Housing Statistics

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A-

66%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

48%

Owner Occ. NAT. AVG.

Melrose Housing Information

Index	Melrose	Iowa	National
Median home price	$62,500	$132,800	$184,700
Median rent asked	$0	$715	$949
Avg. people per household	2.1	2.4	2.6
Owner occupied households	93.9%	71.1%	63.6%
Renter occupied households	6.1%	28.9%	36.4%

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Housing Quick Facts

The median home price in Melrose is 66% lower than the national average.
The median rent asked in Melrose is 100% lower than the national average.
The average number of people per household in Melrose is 20% lower than the national average.
The number of owner occupied households in Melrose is 48% higher than the national average.
The number of renter occupied households in Melrose is 83% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Marysville, IA	50	$0	100%
Millerton, IA	125	$0	100%
Russell, IA	667	$47,600	74%
Mystic, IA	317	$49,200	73%
Williamson, IA	184	$53,300	71%
Melrose, IA	179	$62,500	66%

Cities with similar population

	Population	Home Price	National Avg.
Adair, IL	179	$78,300	58%
Toad Hop, IN	179	$89,800	51%
Wind Ridge, PA	179	$106,300	42%
Starks, LA	179	$9,999	95%
Minnewaukan, ND	179	$110,700	40%
Melrose, IA	179	$62,500	66%

Source: The Melrose, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).