Housing in Melissa, TX
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$542,000
Median List Price
$442,500
Price Per Sq Ft
$200
Days on Market
119
Active Inventory
124
Months of Supply
9.5
Buyer's market
Zillow Home Value
$436,874
ZHVI — January 2026
Zillow Rent Index
$1,813
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
7.7%
Off Market in 2 Weeks
13.0%
Sale-to-List Ratio
97.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
13
New Listings
38
Pending Sales
23
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$200
Median List $/SF
$194
Melissa vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Melissa is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$430,300
Median Rent
$2,341
Total Housing Units
5,481
Vacancy Rate
2.7%
Owner Occupied
88.3%
Renter Occupied
11.7%
Median Property Tax
$7,013
per year
Monthly Cost (w/ Mortgage)
$2,457
Housing Types
The current median sale price in Melissa, TX is $542,000 according to Redfin data. Homes spend a median of 119 days on the market. 7.7% of homes sold above asking price. The market has 9.5 months of supply. The median price per square foot is $200. Zillow's observed rent index is $1,813/month. About 88.3% of housing units are owner-occupied. The median year homes were built is 2015. There are 5,481 total housing units.