Melrose, OH Real Estate

According to census data in the year 2000 there were 119 housing units in Melrose. This represents a 9.2% growth from 109 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 119 were located in what is classified as a rural area.

Homeownership rate in Melrose is about 77.6%. Melrose's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Melrose were built after 1962.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom17.60%
Two Bedrooms25.20%
Three Bedrooms41.20%
Four Bedrooms15.10%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1957
Median Value of occupied units$39,400
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1985
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.20%
Home Equity Loan6.80%
Simple Mortgage45.80%
Debt Free37.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%