The median home value in Melrose, NM is $218,000.
This is
higher than
the county median home value of $132,800.
The national median home value is $338,100.
The average price of homes sold in Melrose, NM is $218,000.
Approximately 55.33% of Melrose homes are owned,
compared to 13.75% rented, while
30.93% are vacant.
Melrose real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Melrose real estate agent to arrange a tour today!
Country living at its best. 3 bedroom 2 bath home in the preferred Melrose school district. The home features many updates. There is covered RV parking, a 2 car attached garage with an added storage building. The home has an additional lot included with endless possibilities.
Step into the warmth and character of this delightful home built in 1927, offering a blend of vintage charm and modern updates. Located in the heart of the picturesque town of Melrose, this home boasts tall ceilings, hardwood floors, and a thoughtfully designed layout that maximizes space and comfort. The spacious living and dining area is perfect for entertaining, featuring an open flow and an abundance of natural light. A separate, cozy office offers a quiet retreat for work or study, while two of the bedrooms are conveniently located near the main living areas. The third bedroom, tucked away for added privacy, is ideal for guests or a peaceful sanctuary. With two bathrooms, updated flooring, and original hardwoods, this home offers a perfect balance of classic style and modern convenience. The darling corner porch on the NW corner is an inviting space to relax and enjoy the view of the large corner lot, perfect for gardening or outdoor activities. Outside, you'll find a detached garage/workshop, ideal for storage or pursuing hobbies, and plenty of space to add your personal touch. This home is located just moments from Melrose's charming downtown, offering a wonderful opportunity to live in a welcoming community with rich history. Don't miss the chance to make this sweet 1927 cottage your own!
Newly Opened 10,566 sq ft Dollar General located in Melrose, NM. The lease is a true NNN lease with all the cost of ownership paid by the Tenant. This lease started December 27, 2023 with a primary term of 15 years and has 5 - 5 year options with a 5% rate increase every 5 years. The Dollar General Corporation has a "BBB" credit rating which is classified as Investment Grade and will guarantee the lease. The building is close to the intersection of highways US 60-84 and NM SR 276 and has a traffic count of 3825 cars per day. Melrose NM is a rural community with no other grocery stores within 18 miles of this location. Rent Schedule Years Annual Lease 1-5 $108,461.40 6-10 $113,884.44 11-15 $119,578.68 OPTION PERIOD 16-20 $125,557.56 21-25 $131,935.48 26-30 $138,427.30 31-35 $145,348.56 36-40 $152,616.00
648 acre dryland farm located west of Clovis. 7 years left in CRP program.
Really Nice 3-bedroom 2 bath on 2 city lots located in Melrose NM. Semi-open concept, living room, dining room, and kitchen. The living room has vaulted ceiling with wood beams, built in book shelves, and cozy wood burning fireplace. The kitchen has amble cabinets for storage, glass top range, and recently installed dishwasher, and two pantries in the utility room. Large bedrooms and each bedroom have ample storage in the large closets. Nice front porch to enjoy morning coffee or the evening sunsets. Several mature trees on the property. It is also located within an excellent school district. The roof and full exterior paint were completed August 2024. Pex water lines recently installed throughout the home.
Room to roam!! Check out this property on 4 acres. Beautiful landscape front yard with front an back sprinkler system. Double wide with a large addition on the back of the home. Aprox 2700 sq ft. Home is 4 bedroom and 3 bathroom, dining room, large pantry, kitchen, office, large laundry room, and large living room. Large fenced back yard. Metal shop is 40' x 60', insulated with electricity. Other accessories of garden shed, loafing shed, and fence garden area.
