“Wanda is a great person to work with, when buying a property she goes above and beyond to make sure that you are taken care of. She works tirelessly to get results.”
OWN Real Estate, LLC
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for September 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Melrose-Rugby real estate Market Report.
Information and statistics on the latest trends in the Melrose-Rugby real estate market. *
Latest Rolling 3-Month Snapshot
May 1, 2026 - Jul 31, 2026
Median sale price
$194K
-3.2%
from
Q2 '26
Median list price
$218K
+8.9%
from
Q2 '26
Active listings
26
+4%
from
Q2 '26
Homes sold
10
-9.1%
from
Q2 '26
New pendings
11
+22%
from
Q2 '26
New listings
15
No change
from
Q2 '26
Quarterly Pricing Trends for Melrose-Rugby
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Melrose-Rugby
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Melrose-Rugby
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Melrose-Rugby
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Melrose-Rugby
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Melrose-Rugby
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
24
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (May 2026 - Jul 2026).
Year over year, Melrose-Rugby home values have climbed, with the typical home value up nearly 10 percent in this rolling three-month view. Median list prices are rising even faster, up about 19 percent compared with the same period last year. Closed sales have also increased by roughly 29 percent over the year, signaling more completed transactions even as conditions evolve.
In the latest rolling three-month period ending in July 2026, the typical home value sits around $193,700 while the median list price is closer to $217,800, reflecting a gap between asking and sale prices. Homes are taking longer to sell than a year ago, with the median days on market at 27 days, though about 45 percent still go off the market within two weeks, showing that well-positioned listings can move quickly.
Supply conditions point to a cooling from the intense pace seen previously, with months of supply at 4.1, far above last year’s extremely tight levels yet still aligning with a seller-leaning market gauge. Only about 10 percent of sales are closing above list price and the average sale-to-list ratio is just under 96 percent, suggesting buyers have a bit more room to negotiate than in recent years. Compared with the broader Roanoke market, where prices are slightly higher and supply a bit lower, Melrose-Rugby offers a somewhat more accessible but still seller-favored environment, and Agent Pronto can connect both buyers and sellers with an agent who understands these local dynamics.
Learn more about what Melrose-Rugby has to offer.
Melrose-Rugby offers residents a friendly, walkable community with tree-lined streets, easy access to parks and local shops, and a welcoming blend of historic charm and everyday conveniences.
Melrose-Rugby offers a distinctly residential feel compared with many other Roanoke neighborhoods, with wide streets, deep yards, and early to mid century homes that reflect its long established roots. Located just northwest of downtown Roanoke, it provides quick access to the city core while maintaining a quieter pace and strong sense of local identity.
The neighborhood benefits from nearby parks and community resources. Residents often spend time at Washington Park with its pool, open fields, and views of the surrounding hills. The Melrose Library is a local hub for classes, homework help, and neighborhood programs. Everyday errands are convenient along the Melrose Avenue corridor and in adjacent areas like Roanoke and Loudon-Melrose, while downtown dining and cultural options such as Center in the Square are only a short drive away.
Families appreciate access to Roanoke City schools, including nearby William Fleming High School, and the area’s straightforward routes to employers across Roanoke County. Outdoor enthusiasts can easily reach the Roanoke Valley Greenways network and regional destinations like Mill Mountain Park.
In Melrose-Rugby, timing and preparation matter, whether you are listing a long owned property or competing for a well kept home. Agent Pronto connects you with a local real estate professional who understands this neighborhood’s market rhythms and can guide both buyers and sellers from planning through closing.
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“We loved working with Bree!! She was very responsive, knowledgeable, knew what to ask, and really looked out for our best interests! We were looking for a vacation home over two hours away and she was with us every step of the way. I would recommend her to anyone, she makes it so easy and a great experience.”
Century 21 Realty at Home
“Kris kept in constant communication with expert advice to get us through the closing. She keep us in focus & redirect when we needed help through several delays to closing. Kris listened with patience & understanding & represented us with her expert knowledge. Thank you is not enough we appreciate you in many ways.”
NextHome Mission
“Judy Petrak is one of those rare agents that has a superb combination of utmost competence, great communication skills, enthusiasm, honesty and superior knowledge of the local Realestate market. Totally satisfied with the outcome of the sale.”
Century 21 New Millennium
“Debbie has great local knowledge and can recommend great people for services for your home. She has a great personality and we enjoyed spending time with her. She is definitely on your side with negotiations and contracts. She knows her stuff!! Highly recommend.”
DM
The Real Estate Group
“It was a pleasure working with William Mallory. He is patient, diligent, and has the buyers best interest at heart. I recommend working with him as he makes the home buying experience exciting and makes you feel supported throughout the process.”
Iron Valley Real Estate
“Mike was an excellent agent to work with. He went above and beyond to find out all the information on the property details and answers to all questions we had. He was available anytime we needed. We would recommend him to anyone interested in purchasing or selling a home. He is the best!!”
Century 21 Legacy
“Gurdeep is a top notch realtor. We have worked with her over the last 16 years on the purchase of 3 homes and the sale of 2 homes. Gurdeep has handled each transaction with extraordinary knowledge, professionalism, and care. She has a keen eye for detail and makes sure all aspects of the sale are done correctly. She is incredibly articulate and uses her skills to finesse through challenging moments with excellent negotiation skills. Her media presentation for our property included a beautiful flyer presentation and drone footage of our 5 acre property that were completely above and beyond. This attracted serious buyers immediately. We have always had a fantastic experience with Gurdeep and we can’t recommend her enough! If you want the BEST, then choose Gurdeep!”
Century 21 New Millennium
“Marc is the consummate professional, with top notch expertise and excellent people skills. Marc creates an environment where you truly feel heard and understood, and he makes you feel completely at ease throughout the entire process. Marc is very responsive and easy to get in touch with. A true pleasure to work with, I would highly recommend him.”
Century 21 New Millennium
“We were looking for a house in a certain area and told Pam of our needs. A house came on the market and she emailed me the listing right after it went live. We were the first people to call and tour the house and put in an offer, and I believe that the fast work that Pam put in was a decisive factor in how we got the home. There were days when I might call Pam half a dozen times and she always answered the phone and I could tell she had a smile on her face. This is the second time I've worked with her and I will definitely do it again in the future.”
Century 21 Century21 New MILLENNIUM
“Jamie and his team are top tier. I have full confidence that we would not have had the same level of success had we not partnered with them. For those looking for a team that differentiates themselves, James Strum and the Strum Group is the obvious choice!”
Long & Foster Real Estate Long and Foster
“It was a pleasure working with Debra. Her approach to getting my house sold quickly and for the best price was just what I needed. She easily navigated the many obstacles that came up during the process and her knowledge and experience really made the difference. I felt very much at ease knowing Debra was on the job.”
Century 21 New Millennium
“Brooke was amazing!! She truly went above and beyond to help me find a house to call home. I truly could not be more thankful I got to work with her!!!”
Century 21 Legacy
“a excelent realtor. very profecional”
Carrington Real Estate
“It was my pleasure working with you Daniel. You listened to my concerns and responded positively. Thank you”
Real Living Real Estate RLAH @properties
“We were so happy we picked Karen as our realtor. The only realtor that told us Virginia is a buyer beware state. The process is long and Karen has the patience and flexibility to work with you. We received excellent customer service and highly recommend her for all your realtor needs. Thank You, Karen for helping us find our new home.”
Century 21 Realty @ Home
“I cannot recommend Lindsay enough. She was always available to answer my questions, kept me updated throughout the entire process, and made what could have been a stressful experience feel smooth and manageable. She genuinely cared about helping me find the right home and was there every step of the way. I am extremely grateful for all of her hard work and would not hesitate to work with her again or recommend her to my family and friends.”
NextHome Mission
“Carla is a seasoned agent with a wealth of knowledge in the Northern Virginia area. We worked with her in the past, both buying and selling homes. We were extremely happy throughout the process then, and on the recent sale of our home. She is the only agent I would use going forward should the need arise. Thank you Carla!!”
Century 21 New Millennium
“Nick was great to work with! He was very personable and easy going. He made time for every home we wanted to see at the exact times we wanted to see it. He stuck with us even after a 6 month lull in looking at homes. I would consider Nick not only a professional, but he has become a friend.”
Century 21 New Millenium
“Working with Boris in DC was an outstanding experience from start to finish. He was knowledgeable, responsive, and truly understood the DC market. Throughout the entire process, he made us feel informed and supported, always going above and beyond to answer questions and advocate for our interests. His professionalism, honesty, and attention to detail made what could have been a stressful experience feel smooth and manageable. I would highly recommend Boris to anyone looking to buy or sell a home in the DC area.”
Fathom Realty
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Melrose-Rugby. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Melrose-Rugby Realtor® or real estate agent today.
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