Melrose District, Phoenix, AZ—85013
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$486,000
2.0% YoY Growth
Household Income
$68,900
23.9% YoY Growth
Days on Market
63
19.0% Longer YoY
Home Price Forecast
-1.2%
Median Rent
$1,750
6.6% YoY Growth
1-Bed Rent
$1,300
7.8% YoY Growth
2-Bed Rent
$1,900
3.6% YoY Growth
3-Bed Rent
$2,700
7.3% YoY Growth
Home Price Trends — Melrose District, Phoenix, AZ
As of May '26, the median home price in Melrose District, Phoenix, AZ is $486,000, with a year-over-year change of -2.0%. This indicates that home prices in Melrose District, Phoenix, AZ are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $486,000 | -2.0% |
| Single Family | $524,000 | -1.7% |
| Condos | $260,000 | -5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |