Home prices
The median home cost in Melissa is $307,700. It is roughly $93,300 (43%) higher in comparison to nearby areas.It is approximately $90,200 (41%) higher in comparison to the rest of the country, and compared to the city of Dallas it is approximately $119,600 (63%) higher.
Rents
The median rent in Melissa is $2,098 per month. In comparison to the surrounding areas it is approximately $836 (66%) higher.In comparison to the country as a whole it is roughly $1,036 (97%) higher, and compared to the city of Dallas it is roughly $1,046 (99%) higher.
Nearby places
Anna
Anna is Melissa's neighbor to the north. The real estate prices there are significantly less expensive. The value of the median home in Anna is $210,100, which is $97,600 (46%) lower than Melissa. Rent there is somewhat less expensive. The median monthly rent in Anna is $1,749, which works out to $349 (19%) lower than Melissa.
McKinney
McKinney is Melissa's neighbor to the southwest. Its housing prices are pretty similar. The median home in McKinney is valued at $309,200, which is very similar to Melissa. The rent there is substantially less expensive. In McKinney the median rent is $1,394 per month, which works out to $704 (50%) lower than Melissa.
New Hope
New Hope is roughly 5 miles south of Melissa. Its housing prices are a lot less expensive. New Hope's median home value is $225,700, which works out to $82,000 (36%) lower than Melissa. Rent there is substantially less expensive. In New Hope the median rent is $1,100 a month, which is $998 (90%) lower than Melissa.
Westminster
Westminster is about 7 miles northeast from Melissa. The housing prices there are a lot less expensive. The price of the median home in Westminster is $193,800, which works out to $113,900 (58%) lower than Melissa. The rent there is significantly less expensive. The median monthly rent in Westminster is $967, which works out to $1,131 (116%) lower than Melissa.
Blue Ridge
Blue Ridge is about 8 miles east from Melissa. The real estate prices there are a lot less expensive. The median home in Blue Ridge costs $133,200, which works out to $174,500 (131%) lower than Melissa. Rent there is significantly less expensive. In Blue Ridge the median monthly rent is $1,101, which is $997 (90%) lower than Melissa.