Melrose, MA Housing Statistics

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A+

237%

Med. Home Val. NAT. AVG.

71%

Rent NAT. AVG.

5%

Owner Occ. NAT. AVG.

Melrose Housing Information

Index	Melrose	Massachusetts	National
Median home price	$1,099,234	$624,359	$326,622
Median rent asked	$2,471	$1,705	$1,444
Avg. people per household	2.3	2.5	2.6
Owner occupied households	66.9%	62.1%	63.6%
Renter occupied households	33.1%	37.9%	36.4%

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Homes For Sale In Melrose, MA

646 Lynn Fells Pkwy

Melrose, MA

49 Melrose St Unit 4B

Melrose, MA

16 Sanford St #16

Melrose, MA

601 Franklin St #2

Melrose, MA

See the Newest Homes For Sale In Melrose, MA

Housing Quick Facts

The median home price in Melrose is 237% higher than the national average.
The median rent asked in Melrose is 71% higher than the national average.
The average number of people per household in Melrose is 12% lower than the national average.
The number of owner occupied households in Melrose is 5% higher than the national average.
The number of renter occupied households in Melrose is 9% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Hanscom AFB, MA	2,178	$0	100%
Lowell, MA	114,170	$517,872	59%
Lynn, MA	97,235	$651,022	99%
Salem, MA	44,881	$676,535	107%
Chelsea, MA	41,000	$679,044	108%
Melrose, MA	29,146	$1,099,234	237%

Cities with similar population

	Population	Home Price	National Avg.
Schererville, IN	29,136	$438,175	34%
Williamsport, PA	29,130	$205,566	37%
Greenville, TX	29,176	$199,542	39%
Oakleaf Plantation, FL	29,179	$420,514	29%
Burton, MI	29,181	$174,568	47%
Melrose, MA	29,146	$1,099,234	237%

Source: The Melrose, MA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.