Melrose IA Multi Family for Sale

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Melrose Real Estate

The median home value in Melrose, IA is $162,250. This is higher than the county median home value of $132,000. The national median home value is $338,100. The average price of homes sold in Melrose, IA is $162,250. Approximately 85.53% of Melrose homes are owned, compared to 5.26% rented, while 9.21% are vacant. Melrose real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melrose real estate agent to arrange a tour today!

Melrose, Iowa has a population of 204. Melrose is less family-centric than the surrounding county with 22.22% of the households containing married families with children. The county average for households married with children is 32.06%.

The median household income in Melrose, Iowa is $50,417. The median household income for the surrounding county is $69,929 compared to the national median of $69,021. The median age of people living in Melrose is 39.8 years.

Melrose Weather

The average high temperature in July is 84.9 degrees, with an average low temperature in January of 12.8 degrees. The average rainfall is approximately 38.1 inches per year, with 24.5 inches of snow per year.

Melrose Real Estate Market Conditions

  • Median sales price

    $162,250
    15.1% change since last quarter
  • # Active listings

    11
    30-day change

Melrose Schools and Demographics

Education near Melrose, IA

Metric City County
High School Graduates 93.65 93.5
College Degree - 2 year 21.43 12.19
College Degree - 4 year 5.56 19.79
Graduate Degree 0 3.27
Expenditures per Student 13,093 13,093
Students per Teacher 14.9 14.9

Elementary Schools near Melrose, IA

School Grades Students P/T Ratio ZIP
Columbus Elementary School KG - 02 309 13.4 50049
Grant Center KG - 02 291 16.2 52531
Kendall Center PK - PK 52 26 52531
Lincoln Center 03 - 06 353 14.5 52531
Moravia Elementary School PK - 06 230 11.8 52571
Twin Cedars Elementary School PK - 06 209 13 50044
Van Allen Elementary School 03 - 05 272 14.3 50049

Middle Schools near Melrose, IA

School Grades Students P/T Ratio ZIP
Albia Middle School 07 - 08 165 11.6 52531
Chariton Middle School 06 - 08 308 14.3 50049

High Schools near Melrose, IA

School Grades Students P/T Ratio ZIP
Albia High School 09 - 12 358 13.5 52531
Chariton High School 09 - 12 448 14 50049
Moravia High School 07 - 12 170 11.7 52571
Twin Cedars Junior-Senior High School 07 - 12 173 10.5 50044

Demographics near Melrose, IA

Metric City County
Neighborhood Type Small Town
Population 204 7,589
Population Density 202 18
Median Age 39.8 41.6
People per Household 3 2.5
Median Household Income 50,417 69,929
Average Income per Capita 15,874 32,160