Melrose, MA Real Estate & Property Data

Melrose Real Estate Market Trends
Last Updated: April 25, 2024

Accurate and comprehensive real estate data is critical for insight into Melrose, MA. ATTOM’s Melrose real estate data is updated daily, and current market trends show that in Melrose, MA a total of 301 residential properties have sold over the past year. With a median home price of $850,000 in Melrose. Get detailed property data for Melrose, MA instantly. ATTOM is your one-stop-shop for the Melrose property reports and real estate data you need in Melrose, MA.

Melrose Real Estate Market Trends
Total Residential Properties 8,422
Total Commercial Properties 287
Avg. Home Age (Single Family Home) 82 Years
Avg. Square Feet (Single Family Home) 2,018
Total 2024 Residential Sales (year-to-date) 25
% of Homes Seriously Underwater (Q2 2024) 0.49%
Total 2023 Residential Sales 298
% of Equity Rich Homes (Q2 2024) 54.41%
Effective 2023 Property Tax 0.9%
Total Foreclosure Filings (year-to-date) N/A
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Melrose, MA Real Estate Overview

There were 301 residential properties sold in the past year in Melrose, MA. The median home value in Melrose, MA is $806,883. There are a total of 8,422 residential properties in the Melrose.

Median Sales Price i
$850,000
(Feb 2024)
+0.6%
year-over-year
y-o-y
  • February '24 Feb '24 $850,000
  • January '24 Jan '24 $757,000
  • December '23 Dec '23 $785,000
  • November '23 Nov '23 $892,000
  • October '23 Oct '23 $825,000
  • September '23 Sep '23 $870,000
  • August '23 Aug '23 $907,500
  • July '23 Jul '23 $1,000,000
  • June '23 Jun '23 $1,000,000
  • May '23 May '23 $826,750
  • April '23 Apr '23 $817,500
  • March '23 Mar '23 $735,000
Median Down Payment i
$204,000
(Feb 2024)
-20.2%
year-over-year
y-o-y
  • February '24 Feb '24 $204,000
  • January '24 Jan '24 $228,000
  • December '23 Dec '23 $175,200
  • November '23 Nov '23 $261,500
  • October '23 Oct '23 $185,000
  • September '23 Sep '23 $224,250
  • August '23 Aug '23 $196,300
  • July '23 Jul '23 $220,000
  • June '23 Jun '23 $188,000
  • May '23 May '23 $130,000
  • April '23 Apr '23 $171,000
  • March '23 Mar '23 $143,000
Number of Homes Sold i
10
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 15
  • December '23 Dec '23 27
  • November '23 Nov '23 27
  • October '23 Oct '23 23
  • September '23 Sep '23 29
  • August '23 Aug '23 27
  • July '23 Jul '23 18
  • June '23 Jun '23 33
  • May '23 May '23 28
  • April '23 Apr '23 25
  • March '23 Mar '23 29
Number of Purchase Loans i
6
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 11
  • December '23 Dec '23 23
  • November '23 Nov '23 19
  • October '23 Oct '23 18
  • September '23 Sep '23 17
  • August '23 Aug '23 17
  • July '23 Jul '23 18
  • June '23 Jun '23 31
  • May '23 May '23 21
  • April '23 Apr '23 20
  • March '23 Mar '23 19
Number of REFI Loans i
7
(Feb 2024)
-41.7%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 7
  • December '23 Dec '23 11
  • November '23 Nov '23 14
  • October '23 Oct '23 12
  • September '23 Sep '23 10
  • August '23 Aug '23 16
  • July '23 Jul '23 12
  • June '23 Jun '23 25
  • May '23 May '23 12
  • April '23 Apr '23 9
  • March '23 Mar '23 10
Number of HELOC Loans i
8
(Feb 2024)
-11.1%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 14
  • December '23 Dec '23 9
  • November '23 Nov '23 11
  • October '23 Oct '23 9
  • September '23 Sep '23 7
  • August '23 Aug '23 9
  • July '23 Jul '23 8
  • June '23 Jun '23 7
  • May '23 May '23 21
  • April '23 Apr '23 7
  • March '23 Mar '23 17

Melrose, MA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Melrose, MA Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 4
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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