Good Investment

Melrose home prices and affordability, 2019 to 2025

Melrose home prices rose about 10% from 2019 to 2025, and with higher mortgage rates, buying the median home here now takes $3,270 more a month.

Home prices, 2019 to 2025+10%Our own index · LA County +39%
Median sale, 2025$1,640,000was $1,347,500 in 2019
Monthly mortgage payment$8,379was $5,109 in 2019
Income to keep it under 30%$335,000was $204,000 in 2019

How prices moved

Melrose rose more slowly than LA County

On our own index, Melrose home prices rose 10% from 2019 to 2025, against 39% for LA County as a whole, and we rate it high confidence.

The median sale rose about 22% over the same years, from $1,347,500 to $1,640,000. The median moves with which homes happened to sell as well as with prices, so it can differ from our own index.

See LA County home prices by neighborhood
Melrose+10%
LA County+39%
0%Our own index50%
High confidence

What it costs to buy now

$3,270 more a month than in 2019

With 20% down on the median sale, the monthly mortgage payment went from $5,109 in 2019 to $8,379 in 2025. Higher prices added $1,302, and the higher mortgage rate, 6.60% against 3.94% added $1,968.

The 20% down payment grew from $269,500 to $328,000.

2019
$5,109
2025
$8,379
From higher prices $1,302From the higher rate $1,968

Compare the neighborhoods next door

  • Melrose

    Prices since 2019
    +10%
    Payment in 2025
    $8,379
    Rise a month
    +$3,270

  • Hancock Parktoo few sales for our own index

    Prices since 2019
    —
    Payment in 2025
    $12,773
    Rise a month
    +$5,417

  • Hollywood

    Prices since 2019
    +3%
    Payment in 2025
    $6,586
    Rise a month
    +$2,090

  • Country Club Parktoo few sales for our own index

    Prices since 2019
    —
    Payment in 2025
    $7,919
    Rise a month
    +$3,888
All LA County neighborhoods

Your number

What would Melrose cost you?

Change the down payment and rate to see the monthly mortgage payment on the median Melrose home.

Your monthly mortgage payment in Melrose$8,379$3,879 a month over your budget

92 of 185 LA County neighborhoods fit your budget, starting with

+ 89 more neighborhoods that fitA free account saves your numbers and shows every LA County neighborhood that fits them.Create a free account

Monthly mortgage payment: principal and interest on a 30-year fixed loan on each neighborhood’s 2025 median sale; taxes and insurance not included.

That’s the neighborhood median; now look up the home you want.

See any home’s estimated monthly payment, value and Appreciation Rank.

Three homes a month free. No card.

Address in Melrose or anywhere

Create a free account

A model-generated estimate and analytical context, not investment advice. The estimated value comes from an automated valuation model (AVM). An AVM is an estimated sale price for a property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.

Questions about Melrose

How much have Melrose home prices changed since 2019?

On our own index, Melrose home prices rose about 10% from 2019 to 2025, against about 39% for LA County as a whole. We rate the figure high confidence. The median sale went from $1,347,500 to $1,640,000.

How much does it cost to buy a home in Melrose?

The median Melrose home sold for $1,640,000 in 2025. With 20% down, $328,000, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $8,379 before taxes and insurance.

What income do you need to buy in Melrose?

About $335,000 a year for the median Melrose home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $204,000 in 2019. Lenders apply their own tests, and taxes and insurance come on top of the payment.

How much has the monthly mortgage payment in Melrose changed since 2019?

The monthly mortgage payment on the median Melrose home rose $3,270, from $5,109 in 2019 to $8,379 in 2025. Higher prices added $1,302, and the higher mortgage rate, 3.94% to 6.60%, added $1,968.

How does Melrose compare with LA County?

The monthly mortgage payment on the median Melrose home was $8,379 in 2025, higher than the $4,410 on the median LA County home. Since 2019 it rose $3,270, and LA County’s rose $2,135.

What does the full cost to own a home add?

Property tax, insurance, HOA dues and upkeep come on top of the monthly mortgage payment shown here. A free account’s Cost to Own adds them up for a specific home, and three homes a month are free.

Home prices: our own index from Los Angeles County Assessor sales, 2019 to 2025. Monthly mortgage payment is principal and interest on the median sale with 20% down and a 30-year fixed loan, at each year’s average Freddie Mac rate (3.94% in 2019, 6.60% in 2025); taxes and insurance are not included. Sales: Los Angeles County Assessor.