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Melrose Home Values and Market Report

Search in the subdivision of Melrose

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Report prepared by Davidrealtygroup.com David Realty Group

Market at a glance

Over the last 12 months, homes sold for 99.6% of list price in 106 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $345K Sold · $354K
$600K$480K$360K$240K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Mar. Last month: 2.

Where the market stands

All homes in this report, by status.

29homes
Active9 · 31%
Under contract1 · 3%
Sold (12 mo)19 · 66%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$307K
Under contract$250K
Sold$356K

Average days on market

Active105 days
Under contract45 days
Sold106 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 9
Average list price $307,388
Avg. days on market 105 days
Avg. price per ft² $236 Based on 7 of 9 homes
Avg. living area 1,561 ft² Based on 7 of 9 homes
Avg. beds / baths 3.2 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 7 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

4 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

2543 S Carlisle St$326
2251 S Hicks St$324
1521 W Shunk St$238
2416 S 16th St$221
2635 S 16th St$203
2249 S 15th St$195
1713 Wolf St$147

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2249 S 15th StPhiladelphia, PA 19145 ——2,563$499,900$19512 days
2543 S Carlisle StPhiladelphia, PA 19145 321,056$345,000$32613 days
2635 S 16th StPhiladelphia, PA 19145 321,324$269,900$20347 days
2416 S 16th StPhiladelphia, PA 19145 411,356$299,900$22179 days
4774 Melrose StPhiladelphia, PA 19137 ———$35,000—82 days
1521 W Shunk StPhiladelphia, PA 19145 421,380$329,000$23889 days
2251 S Hicks StPhiladelphia, PA 19145 231,016$330,000$324120 days
1713 Wolf StPhiladelphia, PA 19145 ———$328,900—239 days
1713 Wolf StPhiladelphia, PA 19145 ——2,232$328,900$147263 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.

Copyright 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Updated:


The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
Copyright 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved.The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.