Foreclosure Homes in Melrose, OH

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View this home at Road 33 Payne OH 45880
$90,566 EMV

2 Bed | 1 Bath | 768 Sq. Ft.

15 View this home at W Perry St Paulding OH 45879
$65,905 EMV

4 Bed | 1.5 Bath | 1,421 Sq. Ft.

5 View this home at W Perry St Paulding OH 45879
$72,515 EMV

3 Bed | 1 Bath | 1,596 Sq. Ft.

View this home at Road 33 Payne OH 45880
$78,890 EMV

3 Bed | 1 Bath | 1,128 Sq. Ft.

View this home at Road 87 # 87 Paulding OH 45879
View this home at St Antwerp OH 45813
View this home at St W Antwerp OH 45813
17 View this home at W River St Antwerp OH 45813
$54,560 EMV

2 Bed | 1 Bath | 995 Sq. Ft.

View this home at First Street Oakwood OH 45873
View this home at N Walnut St Paulding OH 45879
$121,960 EMV

4 Bed | 2 Bath | 1,516 Sq. Ft.

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Top Reasons To Live In Melrose, OH In 2024

Melrose is located in Paulding, Ohio, with an estimated municipal population of 260 residents. All of the best foreclosed homes for sale in Melrose are located in the following zip code areas on 45873 45861. The estimated population per square kilometer (.62 miles) in Melrose is 117.

Cost Of Living In Melrose, OH

So, about how much do homes cost in Melrose? The most recent median value of resident-owned homes in Melrose is 70,801. An estimated 84.7 percent of households in Melrose own their homes, with an average family size of 3.23. The median household income in Melrose is 51,250, with5.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Melrose, the median commute time of resident workers (in minutes) is 23.2. And last, but certainly not least, are you looking for homes to rent in Melrose? If so, the average rent price paid by renters in Melrose is 595, according to recent statistics.

Diversity And Demographics In Melrose, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Melrose, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Melrose is 37.7, split between 51.1 percent male versus 48.9 female. The percentage of residents who report being married in Melrose is 42.7, with an average family size of 3.23.

The percentage of residents who report their race in Melrose is as follows:

White 91.5%
Black / African American 3.8%
Asian 0%
American Indian / Alaskan Native 1.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.4%
Other 0%

Looking for family-friendly neighborhoods in and/or near Melrose? Or maybe you are searching for 55+ active adult communities in and/or near Melrose?

The percentage of residents who report their age in Melrose is as follows:

Under 10 13.2%
Aged 10-19 16.6%
20s 11.5%
30s 12.7%
40s 7.2%
50s 17%
60s 13.2%
70s 4.3%
80+ 4.3%

Best Schools In Melrose, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Melrose with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Melrose.

Pros And Cons Of Living In Melrose, Ohio

How do you know that living in -- or moving to -- Melrose is right where you need to be? Perhaps you grew up in Melrose or already live nearby; therefore, the decision to buy a home in Melrose is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Melrose for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Melrose:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Melrose.

Reasons To Move To Melrose, Ohio, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Melrose can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Melrose, meanwhile, can field multiple offers from more qualified buyers.

Melrose, OH Foreclosures


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