What is the median home value in Melissa, TX?

The median value of owner-occupied homes in Melissa, TX is $454,000 (±$21,607), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Melissa, the median home value went from $307,700 in 2015–2019 to $454,000 in 2020–2024 (+47.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$454,000 (±$21,607)
Owner-occupied homes
5,470 (±370)
Most common range
$300,000 to $499,999

Home values in Melissa

Owner-occupied homes by value, 2020–2024
ValueMelissaCollin CountyTexasUnited States
Less than $50,0001.2% (±1.2 points)1.8%6.0%5.3%
$50,000 to $99,9990.2% (±0.4 points)0.8%7.3%6.1%
$100,000 to $149,9990.3% (±0.5 points)0.9%7.7%6.8%
$150,000 to $199,9992.2% (±2.7 points)1.6%10.2%9.0%
$200,000 to $299,9996.8% (±3.4 points)8.3%22.1%17.8%
$300,000 to $499,99952.1% (±7.2 points)42.2%28.0%26.9%
$500,000 to $999,99936.5% (±6.7 points)38.9%14.9%20.9%
$1,000,000 or more0.6% (±0.7 points)5.6%3.7%7.1%

The most common range is $300,000 to $499,999, 52.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Melissa against Collin County, its state and the nation

Estimate (90% margin of error)
MelissaCollin CountyTexasUnited States
Median home value$454,000 (±$21,607)$475,600 (±$3,261)$283,800 (±$738)$332,700
Owner-occupied homes5,470 (±370)268,813 (±2,206)6,879,255 (±32,101)84,210,142

In Melissa, the median home value is not measurably different from Collin County ($475,600).

It is also higher than in Texas ($283,800).

It is higher than the national figure ($332,700).

In Collin County, Melissa ranks 14 of 24 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 124 of 1,372.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Melissa have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$307,700 (±$25,026)$454,000 (±$21,607)+47.5%Up after inflation
Median owner cost with a mortgage$2,134 (±$131)$2,767 (±$196)+29.7%No measurable change after inflation
Median real estate taxes$5,834 (±$415)$6,860 (±$332)+17.6%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Melissa

Nearest places with a published estimate, compared with Melissa
PlaceDistanceMedian home valueCompared with this place
Melissa—$454,000 (±$21,607)—
Anna4.1 mi$351,700 (±$14,385)Lower
New Hope5.3 mi$422,800 (±$35,314)Not measurably different
Weston6.9 mi$505,700 (±$114,799)Not measurably different
Princeton7.7 mi$331,000 (±$12,213)Lower
Lowry Crossing8.3 mi$396,900 (±$26,212)Lower
McKinney8.6 mi$471,800 (±$5,917)Not measurably different
Blue Ridge9.2 mi$214,500 (±$25,173)Lower
Van Alstyne9.3 mi$342,700 (±$23,338)Lower

Nearby places with a measurably lower figure: Anna, TX ($351,700), Princeton, TX ($331,000), Lowry Crossing, TX ($396,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Collin County, place by place

RankPlaceMedian home value
8Celina$509,600 (±$46,875)
9Weston$505,700 (±$114,799)
10St. Paul$494,300 (±$63,097)
11McKinney$471,800 (±$5,917)
12Plano$465,900 (±$4,919)
13Allen$464,100 (±$8,017)
14Melissa$454,000 (±$21,607)
15New Hope$422,800 (±$35,314)
16Lowry Crossing$396,900 (±$26,212)
17Lavon$394,300 (±$32,560)
18Nevada$393,800 (±$44,185)
19Wylie$387,000 (±$8,163)
20Anna$351,700 (±$14,385)

Showing 13 of 24 places in Collin County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Melissa

What is the average home value in Melissa, TX?

The Census Bureau publishes the median: $454,000 (±$21,607) for owner-occupied homes in Melissa (2020–2024 American Community Survey).

Have home values in Melissa gone up?

In Melissa, the median home value went from $307,700 in 2015–2019 to $454,000 in 2020–2024 (+47.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Melissa sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Melissa city, Texas (place:47496, in state:48).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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