Market Overview
Home Prices in Melissa, TX
The median home value in Melissa, TX is $430,722 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.4% compared to a year ago and down 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Melissa are priced5% above average. Melissa is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Melissa home values have risen by approximately14.8%, reflecting steady appreciation in this market.
Price History
Melissa Home Price Trend
City Comparison
Melissa vs. National Median
At $430,722, homes in Melissa cost 5% above the national median of $410,000. Buyers in Melissa should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Melissa?
20% Down Payment
$86,144
on $430,722
Monthly P&I
$2,246/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,852/mo
incl. taxes & insurance
Income Needed
$114,080
gross annual (30% rule)
10% Down Option
$43,072
+ PMI applies
Loan Amount (20% dn)
$344,578
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Melissa, TX?
The median home value in Melissa is $430,722 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.4% year-over-year.
How much have home prices changed in Melissa?
Over the past year, home values in Melissa have decreased by 6.4%. Over five years, prices have risen approximately 14.8%.
How much do I need to earn to buy a home in Melissa?
To comfortably afford the median home price of $430,722 with a 20% down payment ($86,144) at today's rates (6.8%), you'd need a gross annual income of approximately $114,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Melissa compare to the national average home price?
The national median home value is approximately $410,000. At $430,722, homes in Melissa are 5% above the national average.
What metro area is Melissa part of?
Melissa is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.