House Prices

House Prices & Home Values Melrose, IA 2026


Average Data

average house price$195,500
average size per house1118 ft²
average price per ft²175 $ / ft²

04/05/2026 - The value range (VR) for house prices in Melrose, IA is $67/ sqft to $67/ sqft. An average home with 1118 sqft costs approximately $74,906 to $74,906. Melrose, IA includes 1 ZIP codes and it is located in Monroe county. The lowest prices are found in ZIP 52569, while the highest are in ZIP 52569. The average price per sqare feet is $175. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Melrose

5256971 $ / ft²




Historical development of home values in Melrose

Year Estimated value (USD) Change vs. 2025
2010 $90,794 -53.6%
2011 $87,283 -55.4%
2012 $87,048 -55.5%
2013 $90,301 -53.8%
2014 $94,792 -51.5%
2015 $99,657 -49.0%
2016 $104,857 -46.4%
2017 $110,517 -43.5%
2018 $116,627 -40.3%
2019 $122,035 -37.6%
2020 $128,343 -34.4%
2021 $145,977 -25.3%
2022 $170,176 -13.0%
2023 $179,458 -8.2%
2024 $189,840 -2.9%
2025 $195,500 0.0%

Graph: estimated home values in Melrose over time (USD)



Example: 100% financing house in Melrose

Loan amount: $195,500

Interest rate: 6.00%

Fixed monthly payment: $1,172.12

Breakdown in the 1st month:
Interest portion: $977.50  –  Principal portion: $194.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,664.69 $2,400.76 $193,099.24
2 $11,516.62 $2,548.84 $190,550.40
3 $11,359.41 $2,706.04 $187,844.36
4 $11,192.51 $2,872.95 $184,971.41
5 $11,015.31 $3,050.14 $181,921.27
6 $10,827.19 $3,238.27 $178,683.00
7 $10,627.46 $3,438.00 $175,245.00
8 $10,415.41 $3,650.05 $171,594.95
9 $10,190.28 $3,875.17 $167,719.78
10 $9,951.27 $4,114.19 $163,605.59
11 $9,697.52 $4,367.94 $159,237.65
12 $9,428.11 $4,637.35 $154,600.31
13 $9,142.09 $4,923.37 $149,676.94
14 $8,838.43 $5,227.03 $144,449.91
15 $8,516.03 $5,549.42 $138,900.49
16 $8,173.76 $5,891.70 $133,008.79
17 $7,810.37 $6,255.08 $126,753.71
18 $7,424.57 $6,640.88 $120,112.83
19 $7,014.98 $7,050.48 $113,062.35
20 $6,580.12 $7,485.34 $105,577.01
21 $6,118.44 $7,947.02 $97,630.00
22 $5,628.28 $8,437.17 $89,192.82
23 $5,107.90 $8,957.56 $80,235.27
24 $4,555.42 $9,510.04 $70,725.23
25 $3,968.86 $10,096.60 $60,628.63
26 $3,346.12 $10,719.33 $49,909.30
27 $2,684.98 $11,380.48 $38,528.82
28 $1,983.05 $12,082.40 $26,446.42
29 $1,237.84 $12,827.62 $13,618.80
30 $446.66 $13,618.80 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Melrose, IA


1500 sqft3900 sqft
Ø selling price$317,625$675,675
Ø fast selling$288,750$608,108
Ø high price sale$346,500$743,243

In 2026, houses in Melrose, IA will be offered at an average price of $175 per square foot. A 1,500 sqft home priced at $317,625 is 24.06% more expensive per square foot than a 3,900 sqft home priced at $675,675. Home prices in Melrose, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $467,776. Sellers who can wait longer may achieve a higher price of up to $571,726.

FAQ – Home Values in Melrose

What is the median home value in Melrose in 2026?

In 2026, the typical home value in Melrose is about $195,500 for an average home size of 1118 square feet. This corresponds to an average price of roughly $175 per square foot.

What is the average cost per square foot in Melrose?

In 2026, homes in Melrose sell for an average of around $175 per square foot, with a typical range between $67 and $67 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Melrose is about 1118 square feet, with an estimated 2026 value around $195,500.



Locations close to Melrose, IA

Milton, IA97 $ / ft²
Moravia, IA100 $ / ft²
Moulton, IA223 $ / ft²
Libertyville, IA112 $ / ft²
Kirkville, IA164 $ / ft²
Keosauqua, IA61 $ / ft²
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