The median home in Melrose, Florida is valued at $303,059, up 0.3% year over year. Melrose is part of the Palatka, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Palatka, FL stress score, crash risk, and 12-month forecast →

Home Value$303,059

+0.3%

AFFORDABILITY

Enter your income for Melrose.

Income (annual)

Down Payment

$60,612 on $303,059

Stretch — 33.6% of income

Above 28% but manageable with cuts.

PITI$2,100

P/I33.6%

Afford$253K

Gap-$51K

P&I $1,532Tax $217Ins $350

6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Melrose with other housing markets across Florida.

Jupiter Island$9494K Golden Beach$7499K Fisher Island$6393K Lake Buena Vista$6088K Jupiter Inlet Colony$3619K Manalapan$3569K Golf$2871K Boca Grande$2635K

Full Palatka, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Palatka, FL metro.

View Palatka, FL metro →

MELROSE, FL