Lilly
Homes for Sale in Melrose, FL
True comps, carrying-cost math, and listings before the portals.
Lilly is a small pocket in Melrose, out on the Clay County side, and that location is the story here. This is rural, lake-and-woods Northeast Florida, not a subdivision grid — pricing tends to be driven by the parcel and the condition of the individual home far more than by any neighborhood comp set. Two homes a mile apart can trade very differently depending on acreage, water access, and how well the structure has been kept.
For a buyer, that means the work is in the diligence, not the bidding war: study the specific property, the land, and what it will cost to maintain. For a seller, presentation and honest condition disclosure carry the value here, because there is no dense stack of recent sales to set the number for you. Expect a slower, more deliberate transaction than you would see closer to the city.
Who Lilly is best for.
Best for
- Buyers prioritizing acreage and privacy over convenience, budgeting for well and septic upkeep
- Patient purchasers comfortable with a slower, diligence-heavy transaction
- Sellers willing to present and honestly disclose condition to set their own value
Probably not for
- Buyers who need a short commute and dense everyday amenities nearby
- Anyone requiring fast resale liquidity or a deep bench of recent comps
- Buyers who want a move-in-ready home with no interest in inspecting land, systems, and access
The market around Lilly
Lilly is a small community — 2 recorded sales on file, most recently in 2019 — too few for its own price trend. Here is the market around it.
In ZIP 32666, 71 homes are on the market and 13% are under contract — a slower corner of Melrose.
Across Clay County, 725 homes are active and 300 pending (29% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Lilly specifically. Momentum Research analysis of MLS records.
The Lilly buying strategy.
If we were buying in Lilly today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lilly.
Land and condition do the pricing
In a place like Lilly, the median tells you less than usual. With few, spread-out sales, the range around any midpoint is wide and condition-driven — a well-maintained home on usable land and a dated one needing systems work can look nothing alike on paper. Treat every listing as its own case, and price the specific parcel rather than the ZIP code.
Practical diligence matters more out here than in a platted subdivision: confirm well and septic, road access and maintenance, flood and wetland lines, and what utilities actually reach the property. These are not deal-breakers, but they are cost lines, and they should shape the offer before emotion does.
The location and the amenities are priced into every listing in Lilly. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Thin, spread-out markets reward local legwork over automated numbers. We work the specifics — the parcel, the systems, the access, the true comparable sales — and we will tell you plainly when a property's price and its condition do not line up. In Lilly, that discipline is the whole job.
Lilly in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Lilly buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lilly sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lilly, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lilly home worth?
Get a no-obligation home value based on real comparable sales in Lilly, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Lilly on the map →
Should you buy in Lilly?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | realMLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2017 (2 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Clay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Clay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.