CENTURY 21 Edge

Homes for sale in

Melrose, Florida

Lake country living in Old Florida

45

Homes for sale

$420,000

Median list price

$250

Avg price / sqft

51

Median days on market

Melrose sits in the lake-dotted country of north-central Florida, where the pace runs slower and the water is never far. This is a place defined by its chain of lakes — of 44 active listings, 22 are waterfront homes, so a dock and a view aren't rare luxuries here, they're a big part of what people come for. It's a corner of Putnam County that suits buyers who want acreage, quiet, and a real connection to the outdoors.

For today's buyer, the market is broad and unhurried. Prices span from $99,000 all the way to $1,795,000, with a median list of $424,950, so you can shop single-family homes, manufactured homes, or land & lots depending on your budget. Homes take a median 43.5 days to sell and sellers are netting about 93% of asking, which means there's room to negotiate if you come prepared.

Melrose is in Putnam County, Florida.

Quick facts

$99,000$1.8M price range

1,783 sqft median home

$1,995/mo median rent

Leans buyer right now

Fresh on the market

Newest homes in Melrose

View all 45 homes →

45 of 45 active listings shown

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Find your fit

Most popular Melrose searches

Where the market lives

<$200K$200K–$300K$300K–$400K$400K–$500K$500K–$750K$750K–$1.0M$1.0M–$2.0M

The numbers that matter

The Melrose market

Leans buyer

11.7 months of inventory

Seller’s marketBuyer’s market

Inventory is building — buyers have leverage and time.

64

Sold, last 12 months

$281,450

Median sold price

93%

Sale-to-list ratio

What sellers actually get vs asking

69 days

Median time to sell

Melrose vs Putnam County

Median list price

Melrose$420K
Putnam Co.$265K

Price per sqft

Melrose$250
Putnam Co.$220

Days on market

Melrose51d
Putnam Co.55d

Median sold price — 3-yr, 3-mo rolling

45.9% yr/yr

$156K$350K$545KAug ’23Jul ’26

Homes on the market

29.3% yr/yr

233853Aug ’23Jul ’26

Homes sold per month

0612Aug ’24Jul ’26

Live Stellar MLS data — listings and closed sales in Melrose, FL. Rolling medians smooth single-month swings in thin markets.

For the school run

School zones with homes for sale

Homes matched to official attendance boundaries — always verify zoning with the district.

Beyond the listings

Living in Melrose

01

Waterfront is the whole point

Half the active listings — 22 of 44 — are waterfront, giving buyers a genuine choice of lakeside properties rather than a token few.

02

Room across the price spectrum

Active prices run from $99,000 to $1,795,000, so first-time buyers and luxury shoppers are looking at the same market.

03

Land and country parcels

Beyond houses, the inventory includes farms and open lots for buyers who want acreage and space to build.

04

Negotiating room for buyers

With sellers averaging 93% of asking and a median 43.5 days on market, patient buyers have leverage.

05

Almost no HOA overhead

The median HOA here is just $5/month, reflecting a market built around independent properties rather than managed communities.

What it really costs

Owning here

Owning the median Melrose home

$2,722/mo

Principal & interest $2,213
Property tax $294
HOA / fees $5
Insurance (est.) $210

$420,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

18%

In a FEMA flood zone

Ask about flood insurance early — it changes the payment

$1,995/mo

Median rent

2 homes for rent right now

Straight answers

Melrose real estate FAQs

Is Melrose a good place to live?+

Melrose appeals to people who want quiet, lake-focused living in Old Florida rather than a subdivision-heavy suburb. With 22 of the 44 active listings on the water and a median HOA of just $5/month, it's built for buyers who value space and independence. Melrose Elementary School is the most common assigned school for local families.

Is Melrose expensive?+

It's a mixed market, not a uniformly pricey one. The median list price is $424,950, but active inventory starts as low as $99,000 and runs up to $1,795,000, so you can browse by price and find something at almost any budget. Only 4 of the current listings are priced above $1 million.

What do homes cost in Melrose?+

Expect to pay around $249 per square foot on average, with a median home size near 1,827 square feet. Over the last 12 months, 61 homes sold at a median price of $287,900 — a figure lower than today's list-price median, which reflects the wide range of property types from single-family homes to manufactured homes.

How is the Melrose real estate market right now?+

It's a steady, buyer-friendly market. Homes sit a median of 43.5 days before selling and sellers average about 93% of their asking price, so there's meaningful negotiating room. Watch the just reduced listings for the best openings.

What about HOA fees and property taxes?+

HOA costs are minimal — the median is just $5/month — because much of Melrose is independent property rather than managed community. Median property tax runs about $3,548 per year. If you'd rather rent first, the median rent sits around $1,395/month.

Keep exploring

Nearby areas

IDX information is provided exclusively for 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.

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