What are current home values in Melissa, TX?

The median home value in Melissa, TX is $422,271 as of August 2026. This represents a 0.2% decrease compared to last month and a 5.7% decrease year-over-year.

How have home values changed in Melissa, TX?

Home values in Melissa, TX have decreased by 0.2% month-over-month and 5.7% year-over-year.

How do home values in Melissa, TX compare to Collin County, Texas, and the national average?

The median home value in Melissa, TX ($422,271) compares to: Collin County ($475,341), Texas ($299,367), and the U.S. national median ($368,697).

Melissa, TX Housing Market

$422,271

5.7% 1-yr

The average Melissa, TX home value is $422,271, down 5.7% over the past year, and homes go to pending in around 53 days. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Melissa Key Takeaways

Typical Home Values: $422,271

1-Year Value Change: -5.7%

(Data through August 31, 2026)

Melissa Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 211 (August 31, 2026)

New Listings: 43 (August 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $463,500 (August 31, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: 53 (August 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Melissa

NameMedian ZHVI
Waterstone Estates$1,006,486
Trinity Falls$500,712
Creek Hollow$347,844
Timber Creek$418,252
Lewisville$243,260
La Loma--
High Pointe$339,140
Mouzon$266,216
McKinney Heights$338,154

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Melissa Homes for Sale

$579,900

4 bd3 ba3,220 sqft

609 Northside Dr

View Melissa listings

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Melissa Rental Market Trends

Average Rent: $1,818 (August 31, 2026)

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: -0.8% (August 31, 2026)

Year-Over-Year Change: 0.8% (August 31, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.