How much does it cost to buy a house in Melrose, MA?

In June 2026 Melrose homes were listed to buy for a median price of $699K, which is a 18% decrease to May 2025 last month, and a 17% decrease to June 2025 last year. The median value of a home listed to buy in Melrose in June 2026 was $472 per sqft,

Is it affordable or expensive to live in Melrose, MA?

It is expensive to live in Melrose. Buying a home in Melrose is 2% more expensive compared with the national average.

Is the Melrose, MA housing market slowing down?

The housing market in Melrose is slowing down. In June 2026, homes to buy in Melrose spent an median 16 days on the market, a 5% decrease from June 2025 last year.

What are the best and safest places to live in Melrose, MA?

The best and safest neighborhoods to live in Melrose in June 2026 are Fenway - Kenmore, Beacon Hill, Downtown Boston, Seaport District, Back Bay, Cambridgeport, South End, Melrose East Side, Waterfront, North End, Lawrence Estates, Marina Bay, Greenwood, Belvidere, West Revere, Melrose Highlands, West Peabody, Houghes Neck, Downtown Melrose, Diamond District

How much money should I make to buy a house in Melrose, MA?

In June 2026, Melrose homes were listed to buy for a median price of $699K, with 25% down you would need $3.98K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $136K.