Melrose
Housing Market
Median sale price $462,500, with homes going under contract in about 69 days.
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Housing Market Analyst
sellers are still collecting 91.9% of asking.
The read on Melrose
The median sale price across Melrose currently stands at $462,500. Buyers are paying a median of $225 per square foot. The typical home goes under contract in about 69 days. Sellers are capturing 91.9% of their original asking price on average.
Melrose prices sit above the Putnam County median by roughly 131%. Zillow's home value index for Putnam County stands at $219,439. About 26% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Melrose since 2014 — and where it’s heading
A median home here sold for $116,916 in 2014 and $312,163 over the last recorded year — 167% appreciation across 12 years of recorded sales. Cash buyers took 43% of recent sales, down from a 43% peak.
Median sale price · 2014–2026 (232 recorded sales)
Days on market by year
Home value trend · Putnam County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Putnam County (MLS)
What’s driving Melrose
Movers arriving report ~$55,107 average income. Source: IRS SOI county-to-county migration, 2022-2023
550 Citizens policies in force in Putnam County — the state-backed insurer of last resort. Budget insurance into any Putnam purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
91 single-family · 36 multi-family · 1.7 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
How it stacks up across Putnam County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Melrose ← this page | $462K | — | — | |
| Interlachen | $147K | 30 | 45 | Open → |
| Palatka | $222K | 16 | 52 | Open → |
| Satsuma | $150K | 15 | 42 | Open → |
| Hawthorne | $265K | 1 | 55 | Open → |
Melrose ZIP codes
Most active communities
Put this data to work
The questions people actually ask
How does Melrose compare to the rest of Putnam County?
Melrose's median of $462,500 runs 131% above the county-wide median of $200,000, and homes here take 69 days to go under contract versus 65 county-wide.
Melrose housing market FAQ
What is the median home price in Melrose?
The median sale price in Melrose is currently $462,500, based on MLS sales data updated August 6, 2026.
How long do homes take to sell in Melrose?
The typical home in Melrose goes under contract in about 69 days, per current MLS data.
Momentum agents use this intelligence every day to price listings and write winning offers across Melrose. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 6, 2026 at 7:18 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.