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MELROSE, FL 32666

Real Estate Market Report  ·  Putnam County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The MELROSE, FL real estate market (32666) currently shows 48 active listings, with 7 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 58 days on market compared to 59 days last year.

The median listing price has fallen 8.8% year-over-year, from $433,750 to $395,500.

Whether you are buying or selling in MELROSE, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,313  ·  Density: 42.9/mi²  ·  Median household income: $63,395

Typical home value: $177,549  ·  Homeownership: 87.6%

Market Overview

Active Listings
48
⇧ 6.7% vs 45 last year
Pending
7
15% pending ratio
Median Price
$395,500
⇩ 8.8% vs $433,750 last year
Average Price
$534,204
⇧ 7.2% vs $498,372 last year
Days on Market
58
⇩ 1.7% vs 59 days last year

Price Per Square Foot

Median $/sqft
$234
⇧ 6.8% vs $219/sqft last year
Median Home Size
1,829 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 45 last year
  • Days on market: 58 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $395,500 (-8.8% YoY)
  • Average: $534,204 (+7.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.7 miles — 1,024 listings ($453,291,789 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32666Melrose, FL 326660.0 mi36$20,291,580$460,100$563,655
32140Florahome, FL 321408.2 mi9$3,018,537$282,175$335,393
32694Waldo, FL 3269410.8 mi12$7,843,476$543,250$653,623
32147Hollister, FL 3214713.3 mi1$574,990$574,990$574,990
32641Gainesville, FL 3264115.5 mi53$11,939,734$230,000$225,278
32177Palatka, FL 3217717.3 mi151$56,647,952$299,900$375,152
32043Green Cove Springs, FL 3204320.6 mi386$167,628,606$365,900$434,271
32603Gainesville, FL 3260322.1 mi8$4,342,968$532,000$542,871
32113Citra, FL 3211323.1 mi24$11,369,448$422,000$473,727
32664McIntosh, FL 3266423.4 mi3$1,152,999$421,000$384,333
32667Micanopy, FL 3266724.9 mi20$34,393,360$747,500$1,719,668
32058Lawtey, FL 3205825.6 mi4$1,851,272$377,500$462,818
32068Middleburg, FL 3206825.7 mi317$132,236,867$370,975$417,151

Frequently Asked Questions

How many homes are for sale in MELROSE, FL 32666?

As of April 2026, there are 48 active listings in MELROSE, FL (zip code 32666), compared to 45 the prior year.

What is the median home price in MELROSE, FL 32666?

The median listing price in MELROSE, FL 32666 is $395,500 as of April 2026, a 8.8% decrease from $433,750 the prior year.

How long do homes stay on the market in MELROSE, FL?

Homes in MELROSE, FL 32666 spend an average of 58 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in MELROSE, FL 32666?

Based on current inventory and days-on-market data as of April 2026, MELROSE, FL 32666 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 59 days last year.

How much can I save on real estate commission in MELROSE, FL?

With SELL123.com's maximum 3% commission, sellers in MELROSE, FL 32666 save an estimated $7,910 compared to a typical 5% commission on the median listing price of $395,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.