Melrose Housing Information - Census

IndexMelroseIowaNational
Median home price$67,100$132,800$184,700
Median rent asked$788$715$949
Avg. people per household2.52.42.6
Owner occupied households78.3%71.1%63.6%
Renter occupied households21.7%28.9%36.4%

Melrose Housing Information - Zillow

IndexMelroseIowaNational
Zillow home value indexn/a$136,860$213,146
Year over year appreciation raten/a3.60%8.00%
5 year average appreciation raten/a3.89%6.57%
10 year average appreciation raten/a2.18%1.33%

Did you know?

  • The median home price in Melrose is 64% lower than the national average.
  • The median rent asked in Melrose is 17% lower than the national average.
  • The average number of people per household in Melrose is 3% 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 40% 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.
Marysville, IA103$0100%
Millerton, IA96$0100%
Williamson, IA113$43,80076%
Mystic, IA363$45,80075%
Russell, IA516$56,40069%
Melrose, IA153$67,10064%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Ames, NY153$95,00049%
Rockville, SC153$327,80077%
Combs, KY153$0100%
Ada, KS153$0100%
Bibo, NM153$0100%
Melrose, IA153$67,10064%
Source: The Melrose, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.