Melrose, MA Real Estate Market Summary – September 8, 2026
In Melrose, MA, the real estate market has witnessed a total of 20 homes sold in the last 30 days, averaging a pace of 1 every 1.5 days. The average sold price of these homes is $842,325, with a median price of $867,500.
| Metric | 30 Days |
|---|---|
| Number Sold | 20 |
| Sold Per Day | 1 every 1.50 days |
| Average SQFT | 1837 |
| Median Sales Price | $867,500 |
| Average Sales Price | $842,325 |
| Average Price Per SQFT | $476 |
| Average Days on Market | 18 |
| Average Year Built | 1929 |
Melrose, MA Single Family Home Analysis
Within the single family segment, 12 homes were sold, with an average selling price of $916,375 and a median of $886,500. The average living area for these homes is 1,977 square feet, and they spent about 18 days on the market on average.
| Metric | 30 Days |
|---|---|
| Number Sold | 12 |
| Sold Per Day | 1 every 2.50 days |
| Average SQFT | 1977 |
| Median Sales Price | $886,500 |
| Average Sales Price | $916,375 |
| Average Price Per SQFT | $473 |
| Average Days on Market | 18 |
| Average Year Built | 1937 |
Melrose, MA Condo & Townhome Analysis
In the condo and townhome market, 5 properties sold for an average price of $501,000, with a median sale price of $430,000. These units averaged 969 square feet of living space and had an average market time of just over 21 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 5 |
| Sold Per Day | 1 every 6.00 days |
| Average SQFT | 969 |
| Median Sales Price | $430,000 |
| Average Sales Price | $501,000 |
| Average Price Per SQFT | $524 |
| Average Days on Market | 21 |
| Average Year Built | 1931 |
Buyer & Seller Analysis
- The market has seen 20 homes sold in the last 30 days.
- Homes are selling at a pace of 1 every 1.5 days.
- The average days on market is 18.
- The state does not disclose sale prices.
Conclusion
Overall, the Melrose real estate market appears active with consistent sales across various segments. Buyers can expect a variety of properties available in this competitive landscape.