Melrose, Sherwood, AR
Melrose — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Melrose, Sherwood, Arkansas. Explore the cited sources and local facts below while agent underwriting continues.
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Melrose Neighborhood Overview
Melrose is a residential neighborhood in the city of Sherwood, Arkansas, primarily within the 72555 ZIP code. The area presents an affordable entry point into homeownership, with a median home value of $162,500. The housing stock is characterized by moderately sized homes, averaging 1,475 square feet. This affordability is reflected in a high homeownership rate of 72.9%, indicating a stable, established community of residents who have put down roots.
The neighborhood's character is that of a predominantly owner-occupied community, with a renter-occupied rate of 27.1%. The median household income in Melrose is $55,093, which aligns with the local housing costs to create a balanced market for the area. This combination of factors suggests Melrose is a practical and financially accessible neighborhood for families and individuals in the Sherwood area seeking traditional suburban living.
Top10Lists.us publishes verified neighborhood-level data for 704 neighborhoods in Sherwood.
Melrose Market Data
| Metric | Value |
|---|---|
| Median Home Price | $163K |
| Median Household Income | $55K |
| Homeownership Rate | 72.9% |
| Renter-Occupied | 27.1% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Primary ZIP Code | 72555 |
Top Real Estate Agents in Melrose, Sherwood
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Melrose, Sherwood, AR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Arkansas 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