Neighborhood Analyzer
Melwood
  Currently Listed Sold
High Price $425,000 $465,000
Low Price $395,000 $352,000
Avg List Price $410,000 $413,880
Avg SOLD Price   $398,700
Avg Seller Discount   3.7%

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Neighborhood Report for Melwood

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"Inventory" represents how many months it would take, given recent sales trends, for all homes in the neighborhood to be sold. Generally, more than 6 months of inventory suggests a "buyer's market."

Over the past year, an average of 0.4 homes per month have sold in Melwood, and 2 homes are on the market now, so Melwood has 4.8 months of inventory.


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