Why Live in Melissa
Melissa, TX, located on the northern edge of the Dallas-Fort Worth Metroplex, has seen significant growth since 2020, with its population increasing to around 15,000. This expansion is driven by highly rated schools, including Melissa Independent School District and Melissa High School, which boasts a new $35 million football stadium. The city features a variety of home styles, including large traditional homes, ranch-style homes, and farmhouses, with newer subdivisions like Hunters Ridge and Meadow Run. Home prices range from $350,000 to over a million dollars for large estates with acreage. Melissa offers several parks and trails, such as Bob Miller Park and the 41-mile Hike & Bike Trail, which are popular among runners, bikers, and families. The retail scene includes a new Kroger marketplace and Buc-Ees along Central Expressway, with additional shopping options in nearby McKinney. Melissa is safer than the national average, with low crime rates. The city is prone to flooding, potential tornadoes, and excessive heat, with July being the hottest month. Key roadways like Sam Rayburn Highway and U.S. Highway 75 provide access to Dallas, 40 miles away, and DFW International Airport, 48 miles away.
Home Trends in Melissa, TX
On average, homes in Melissa, TX sell after 76 days on the market compared to the national average of 51 days. The median sale price for homes in Melissa, TX over the last 12 months is $524,950, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$524,950
Median Single Family Sale Price
$539,863
Median Townhouse Sale Price
$401,950
Average Price Per Sq Ft
$208
Number of Homes for Sale
419
Last 12 months Home Sales
471
Median List Price
$535,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
2%