Housing in Melrose, OR
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$749,000
Median List Price
$949,000
Price Per Sq Ft
$301
Days on Market
228
Active Inventory
4
Months of Supply
4.0
Balanced market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$301
Median List $/SF
$284
Melrose vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Melrose is highlighted.
Median Home Value
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$483,000
Median Rent
N/A
Total Housing Units
434
Vacancy Rate
0.0%
Owner Occupied
95.6%
Renter Occupied
4.4%
Median Property Tax
$3,319
per year
Monthly Cost (w/ Mortgage)
$1,520
Housing Types
The current median sale price in Melrose, OR is $749,000 according to Redfin data. Homes spend a median of 228 days on the market. 0.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $301. About 95.6% of housing units are owner-occupied. The median year homes were built is 1970. There are 434 total housing units.