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Melrose, MN Housing

 
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As of 2010-2014, median price of a house in Melrose is $128,100, which is lower than the state average of $185,200 and is lower than the national average of $175,700. The Melrose median house value has grown by 56.99% since 2000. The growth rate for the price of a house in Melrose is higher than the state average rate of 51.31% and is higher than the national average rate of 46.91%. The median year that a house in Melrose was built is 1979, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 999 Owner Occupied Houses in Melrose, MN, #333
Melrose, MN
128,100 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #404
Melrose, MN
56.99%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Melrose, MNMinnesotaU.S.
Total Housing Units1,351, see rank, 100%2,364,149132,741,033
Occupied Housing Units1,265, 93.63%, see rank89.48%87.55%
Owner Occupied999, 73.95%, see rank64.51%56.34%
Renter Occupied266, 19.69%, see rank24.96%31.21%
Vacant Housing Units86, 6.37%, see rank10.52%12.45%
For Rent0, 0.00%, see rank1.22%2.34%
For Sale Only14, 1.04%, see rank0.96%1.20%
Rented or Sold, Not Occupied35, 2.59%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use10, 0.74%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant27, 2.00%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #173
Melrose, MNMinnesotaU.S.
197919751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Melrose, MN%MinnesotaU.S.
Owner-Occupied Units999100%1,525,20174,787,460
With a Mortgage57757.76%, see rank68.78%65.58%
Without a Mortgage42242.24%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Melrose, MN
1,184 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMelrose, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $49900.00%, see rank1.30%1.59%
$500 to $69991.56%, see rank4.08%5.01%
$700 to $99916027.73%, see rank12.50%14.32%
$1,000 to $1,49923140.03%, see rank30.43%27.90%
$1,500 to $1,99910918.89%, see rank25.36%20.35%
$2,000 to $2,9996811.79%, see rank19.32%19.52%
$3,000 or More00.00%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Melrose, MN
25.70% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Melrose, MN%MinnesotaU.S.
10% or Less00.00%, see rank6.13%5.86%
10% to 20%20635.70%, see rank35.03%31.95%
20% to 30%11219.41%, see rank30.01%27.64%
30% to 40%13122.70%, see rank12.88%13.74%
40% or More12822.18%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Melrose, MN
423 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMelrose, MN%MinnesotaU.S.
$199 or Less214.98%, see rank4.45%7.76%
$200 to $2996816.11%, see rank10.96%14.70%
$300 to $49917741.94%, see rank39.99%34.63%
$500 to $69910023.70%, see rank27.38%21.16%
$700 or More5613.27%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Melrose, MN
16.30% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Melrose, MN%MinnesotaU.S.
10% or Less10324.41%, see rank43.57%40.19%
10% to 20%17341.00%, see rank31.28%31.47%
20% to 30%6615.64%, see rank11.58%12.24%
30% to 40%399.24%, see rank5.05%5.64%
40% or More419.72%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Melrose, MNMinnesotaU.S.
Total Housing Units1,351, 100%2,364,149132,741,033
1-unit, Detached1,022, 75.65%, see rank67.25%61.65%
1-unit, Attached49, 3.63%, see rank7.45%5.82%
2 Units0, 0.00%, see rank2.34%3.75%
3 or 4 Units26, 1.92%, see rank2.08%4.43%
5 to 9 Units31, 2.29%, see rank2.23%4.78%
10 or More Units118, 8.73%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.105, 7.77%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Melrose, MNMinnesotaU.S.
Total Housing Units1,351, 100%2,364,149132,741,033
1 Room0, 0.00%, see rank1.54%1.95%
2 Rooms44, 3.26%, see rank2.83%2.48%
3 Rooms99, 7.33%, see rank9.20%9.13%
4 Rooms231, 17.10%, see rank14.05%16.60%
5 Rooms129, 9.55%, see rank15.52%20.41%
6 Rooms256, 18.95%, see rank14.98%18.06%
7 Rooms172, 12.73%, see rank12.86%12.27%
8 Rooms139, 10.29%, see rank11.01%8.48%
9 Rooms or More281, 20.80%, see rank18.01%10.60%
Median Rooms6.20, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Melrose, MNMinnesotaU.S.
Total Housing Units1,351, 100%2,364,149132,741,033
No Bedroom0, 0.00%, see rank1.76%2.17%
1 Bedroom92, 6.81%, see rank11.71%11.16%
2 Bedrooms411, 30.42%, see rank26.64%26.69%
3 Bedrooms459, 33.97%, see rank34.15%39.70%
4 Bedrooms225, 16.65%, see rank19.81%16.05%
5 or More Bedrooms164, 12.14%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Melrose, MNMinnesotaU.S.
Total Housing Units1,265, 100%2,115,337116,211,092
Utility Gas558, 44.11%, see rank66.78%48.85%
Bottled, Tank, or LP Gas31, 2.45%, see rank10.05%4.86%
Electricity554, 43.79%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.70, 5.53%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood18, 1.42%, see rank2.55%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel6, 0.47%, see rank1.17%0.47%
No Fuel Used28, 2.21%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMelrose, MNMinnesotaU.S.
Occupied Units Paying Rent241, 100%562,19839,201,928
$199 or Less0, 0.00%, see rank2.46%1.50%
$200 to $29912, 4.98%, see rank4.66%3.18%
$300 to $49920, 8.30%, see rank9.32%7.37%
$500 to $69931, 12.86%, see rank17.06%16.01%
$700 to $999112, 46.47%, see rank33.30%29.17%
$1,000 to $1,49953, 21.99%, see rank23.49%26.88%
$1,500 to $1,99913, 5.39%, see rank7.02%9.79%
$2,000 or More0, 0.00%, see rank2.69%6.10%
Median$804, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Melrose, MNMinnesotaU.S.
Occupied Housing Units1,265, 100%2,115,337116,211,092
No Vehicles Available94, 7.43%, see rank7.25%9.12%
1 Vehicles Available414, 32.73%, see rank30.11%33.80%
2 Vehicles Available537, 42.45%, see rank40.67%37.48%
3 or More Vehicles Available220, 17.39%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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