Momentum Housing Data · Home Values · Broward County

Melrose Park Home Values: What Homes Actually Sell For

Buying here? See Melrose Park homes for sale and the Melrose Park community guide (Fort Lauderdale).

Melrose Park (Fort Lauderdale, FL): 30 recorded closings in the 12 months ending 2026-09-20, a 15-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

Median sold price
$474,500
+11.6% vs prior year · window ending 2026-09-20
Median $/sqft
$304
30 recorded closings
Median days to sell
43
from list to contract-to-close record

In the current window, sellers accepted a median 98.4% of original asking; the median sale took 43 days (window ending 2026-09-20).

The 15-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$474,500$3044398.4%30
2025$425,000$3192799.1%25
2024$445,000$2892197.9%39
2023$430,000$2961898.8%46
2022$405,000$25615100.0%43
2021$335,000$21411100.0%48
2020$269,999$1693397.2%41
2019$262,000$1592298.0%38
2018$237,500$1721295.8%24
2017$183,000$14716100.0%15
2016$156,450$1034497.9%27
2015$148,000$964393.4%31
2014$130,000$833897.8%55
2013$110,000$702199.5%70
2012$82,404$613494.9%56

Over the recorded series, Melrose Park’s median sold price moved from $82,404 (2012) to $474,500 (12 months ending 2026-09-20) — +476% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Melrose Park, briefly

The recorded series starts in 2012 at $82,404. The 2020–22 run-up did what it did everywhere — Melrose Park’s median moved +55% from 2019 to 2022. Annual sales volume here has ranged from 15 to 70 closings a year (10-yr average 34.9).

Where Melrose Park sales actually landed, 2024–2026

Of the 76 recorded Melrose Park closings since 2024, half landed between $390,000 and $519,750 (the middle two quartiles); the lowest recorded sale was $245,000 and the highest $608,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

Sold price bandShare of closingsSales
Under $350,000
7 (9%)
$350,000 – $416,667
21 (28%)
$416,667 – $483,333
22 (29%)
$483,333 – $550,000
14 (18%)
None and up
12 (16%)

What homes of your size have sold for in Melrose Park

The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($367 vs $260) — the usual pattern, since lot, kitchen and baths do not scale with floor area.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
952–1,470 sq ft
$367$420,500$300,000 – $549,00025
Mid-size homes
1,478–1,660 sq ft
$276$416,000$245,000 – $600,00025
Larger homes
1,664–2,331 sq ft
$260$525,000$300,000 – $608,00026

What is on the market in Melrose Park right now

From the live MLS feed as of 2026-10-01: 11 active listings (plus 4 pending) asking from $474,999 to $604,000, median $540,000; 3 of 11 have been on the market over 60 days (median 30 days so far); the homes listed or recently sold were built between 1952 and 2026 (median 1956), 1 of them new construction; 14 of the current listings state there is no HOA; 5 of 27 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 8 ft. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Melrose Park listings →

At Melrose Park’s $474,500 median and Broward County’s adopted 19.84 mills (FY2025-26), a home assessed at that price carries roughly $9,420 a year in property tax before exemptions, or about $8,590 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Broward County tax page.

Selling in Melrose Park right now: what the record says

Current asking prices run a median $559,950 against the $474,500 recorded sold median (+18%) — the gap between what sellers hope and what the record shows. The market is carrying about 3.3 months of supply at the current sales pace. Demand check: 38% of Melrose Park’s listings are under contract, against 19% for ZIP 33166 and 18% for Broward County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for Melrose Park reads 39/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

With asking prices running +18% over the recorded sold median, a Melrose Park listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

What would YOUR Melrose Park home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.

How Melrose Park compares with its neighbors

Communities buyers shopping Melrose Park are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
PEARL ESTATES$480,000$325435
Melrose Park Sect 1$450,000$29297
Melrose Manor$424,000$257707
MELROSE PARK ESTATES$434,500$334534

More Melrose Park: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures

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