Last updated November 5, 2026
The median home price in Downtown Melrose is $804,900, up 11.8% year-over-year. Median price per square foot is up 7.2% at $593/sq. ft. Homes are selling in 40 days on average, compared to 123 days last year. As of November 5, 2026, there are 8 active listings on the market, with 1 new listing in the last 7 days.
Median home price
$804K
11.8% YoY
YoY price change
+11.8%
+$85,000
Days on market
40
-83 days YoY
Active homes
8
166.7% YoY
$804,900
8
$593
40 days
1,455 sqft
| Neighborhood | Median price | YoY change | $/Sqft | Days on market | Active homes |
|---|---|---|---|---|---|
| Downtown Melrose | $804,900 | +11.8% | $593 | 40 | 8 |
| Cedar Park | $675,000 | — | $553 | 19 | 6 |
| Horace Mann | $699,900 | +3.7% | $479 | 29 | 9 |
| Melrose East Side | $799,900 | -3.6% | $478 | 45 | 9 |
| Melrose Highlands | $784,900 | +34.2% | $370 | 35 | 8 |
| Oak Grove - Pine Banks | $979,000 | +15.2% | $479 | 22 | 9 |