TN area data
Melrose, TN
Melrose, TN.
Population: 16,469 (Census ACS)
Home values & appreciation
- Median home value
- $998,546
- 1-year appreciation
- +0.4%
- 3-year appreciation
- +4.4%
- 5-year appreciation
- +31.5%
- 10-year appreciation
- +88.2%
- All-time peak (2026-02)
- $1.01M
- House Price Index
- 475.9 (+0.5% YoY)
Market activity
- Median sale price
- $617,500
- Median list price
- $640,000
- Median days on market
- 89 days
- Sale-to-list ratio
- 98.7%
- Active listings
- 18
- 1-year forecast
- +0.4%
- Days to pending
- 59 days
- New listings (monthly)
- 36
Rents
- Typical rent
- $1,861/mo
- 1-year rent change
- -0.7%
- 1BR fair-market rent
- $2,080/mo
- 3BR fair-market rent
- $2,910/mo
Affordability
- Cost of living index (Below Average)
- 90.5 (100 = US avg)
- Electricity rate (state-level)
- 13.2¢/kWh
- Natural gas rate (state-level)
- $11.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 2
- Middle schools
- 1
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- coldWave, earthquake, inlandFlooding, strongWind, tornado
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 55.8 in
Air quality
- Air quality rating
- Moderate
- Median AQI (annual)
- 53
- Days with Good air quality
- 136
Walkability & transit
- Walkability index
- 12.2 / 20
- Transit service frequency
- 402
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Stones River National Battlefield (25 mi)
- Nearest airport
- Nashville International Airport (BNA) (6 mi)
- Nearest major airport
- Nashville International Airport (BNA) (6 mi)
- Hospitals nearby (~15 mi)
- 13
- Avg hospital rating
- 3.4 / 5
- Solar radiation rating
- Fair (4.3 kWh/m²/day)
Migration
- Net migration
- +39 tax filers
Housing stock
- Median year housing built
- 1,993
- Median annual property tax
- $5,476
- Mean commute to work
- 13 min
- Households with broadband internet
- 89.9%
Employment & development
- Total county employment
- 495,007
- Average weekly wage
- $1,517
- Top industries (by employment)
- Health Care, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 2,716
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →