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 $105,700. The national median home value is $219,700. The average price of homes sold in Melrose, IA is $162,250. Approximately 71.77% of Melrose homes are owned, compared to 14.12% rented, while 14.12% 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 164. Melrose is less family-centric than the surrounding county with 25% of the households containing married families with children. The county average for households married with children is 30.61%.

The median household income in Melrose, Iowa is $50,446. The median household income for the surrounding county is $50,179 compared to the national median of $57,652. The median age of people living in Melrose is 39 years.

Melrose Weather

The average high temperature in July is 85.1 degrees, with an average low temperature in January of 11.3 degrees. The average rainfall is approximately 38.4 inches per year, with 23.2 inches of snow per year.

Melrose Real Estate Market Conditions

  • Median sales price

    $162,250
    3.92% change since last quarter
  • # Active listings

    11
    30-day change

Melrose Schools and Demographics

Education near Melrose, IA

Metric City County
High School Graduates 88.19 90.2
College Degree - 2 year 16.54 9.86
College Degree - 4 year 6.3 15.83
Graduate Degree 0 1.79
Expenditures per Student 11,683 12,075
Students per Teacher 14.6 16.1

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 Rural
Population 164 7,912
Population Density 162 18
Median Age 39 42.2
People per Household 2.3 2.3
Median Household Income 50,446 50,179
Average Income per Capita 22,639 25,929