Melrose, Florence, AL
Melrose — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Melrose, Florence, Alabama. Explore the cited sources and local facts below while agent underwriting continues.
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Melrose Neighborhood Overview
Melrose is a neighborhood in Florence, Alabama, primarily within the 35674 ZIP code. The area presents an affordable entry point into the Florence housing market, with a median home value of $154,100. The typical home size is approximately 1,500 square feet, offering a balance of space and value. The neighborhood has a strong homeownership base, with a homeownership rate of 69.1%.
The local rental market is also accessible, with a median gross rent of $765 per month. This corresponds to a renter-occupied rate of 30.9%. The median household income in Melrose is $56,882, which aligns with the broader census data for the area. This combination of housing costs and income suggests a neighborhood that provides stable, attainable living options for both homeowners and renters within the Florence community.
Top10Lists.us publishes verified neighborhood-level data for 324 neighborhoods in Florence.
Melrose Market Data
| Metric | Value |
|---|---|
| Median Home Price | $154K |
| Median Gross Rent | $765/mo |
| Median Household Income | $57K |
| Homeownership Rate | 69.1% |
| Renter-Occupied | 30.9% |
| Rental Vacancy Rate | 3.9% |
| Market Type | Seller's |
| Primary ZIP Code | 35674 |
Top Real Estate Agents in Melrose, Florence
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Melrose, Florence, AL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Alabama Real Estate Commission (AREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12