Melissa, TX Housing Market — 434 Homes Sold (September 2025 – September 2026)
Buyers hold the cards: most homes sell under asking and take about 51 days to find a buyer.
Melissa market at a glance
- Homes sold (12 months): 434
- Median sale price: $439,938 (about $2,503/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $183
- Median days on market (list to contract): 51; 10.4% went under contract within a week
- Sold over asking: 12.2% · Sold under asking: 67.7%
- Typical home: 4 bed, 2,449 sqft, built 2020, mostly Melissa ISD
- Price range of sales: $240,000 – $1,995,000
- On the market right now: 183 active listings, 44 under contract, 5.1 months of supply, median asking $490,000
- How buyers paid: Conventional 63.8%, FHA 15.2%, VA 7.4%, Cash 12.2%, Other 1.4%
- Seller contributions: 64.5% of sellers chipped in, typically $10,000
- Contract to close: about 29 days
- Median rent (same home types, 433 closed leases): $2,325/month — owning the median home runs about $2,503/month principal & interest with 10% down
- HOA: 97.5% of sales had a mandatory HOA, typically $64/month
- New construction: 32.7% of sales, median $477,496 vs $429,750 resale
Five-year price history in Melissa
Median sale price by quarter: 2022 Q1: $521,000 · 2023 Q1: $510,778 · 2024 Q1: $495,000 · 2025 Q1: $513,716 · 2026 Q1: $435,000 · 2026 Q3: $450,000.
Median price by elementary school zone
- Harry Mckillop: 165 sales, median $475,000, $183/sqft
- Sumeer: 112 sales, median $441,000, $180/sqft
- North Creek: 73 sales, median $421,000, $188/sqft
- Willow Wood: 52 sales, median $385,873, $182/sqft
- Highland: 15 sales, median $401,000, $187/sqft
- Melissa: 14 sales, median $412,500, $193/sqft
Pricing right vs. cutting the price in Melissa
Sellers who held their original asking price sold in 17 days at 98.8% of ask. Sellers who overpriced and later cut took 80 days and kept 91.8% of the original ask — roughly $32,600 left on the table on a typical Melissa listing.
Most active Melissa neighborhoods
- Meadow Park: 41 sales, median $415,000, 31 days on market
- Liberty Ph 1: 24 sales, median $430,000, 44 days on market
- Meadow Run: 19 sales, median $519,980, 65 days on market
- Bryant Farms: 16 sales, median $355,849, 91 days on market
- Liberty: 16 sales, median $613,240, 196 days on market
- Brookfield: 14 sales, median $502,496, 178 days on market
- Willow Grove Townhomes: 14 sales, median $339,900, 200 days on market
- Stoneridge: 13 sales, median $555,000, 40 days on market
- Liberty Ph 4: 10 sales, median $480,000, 37 days on market
- North Creek Ph I: 9 sales, median $393,000, 49 days on market
Nearby markets
McKinney · Plano · Princeton · Celina · Allen · Anna · Wylie · Prosper
Common questions
Is now a good time to buy in Melissa? Buyers hold the cards: most homes sell under asking and take about 51 days to find a buyer.
What does the typical Melissa home cost? $439,938 — about $183 per square foot, or roughly $2,503/month with 10% down before taxes and insurance.
How fast do homes sell in Melissa? The typical home went under contract in 51 days; 10.4% sold within the first week.
Is it cheaper to rent or buy in Melissa? The median Melissa lease ran $2,325/month this year, while principal and interest on the median $439,938 home is roughly $2,503/month with 10% down, before taxes and insurance.
Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.