Market Report
Melrose, MA Housing Market
The median sale price is $853,000 (-17.6% year over year). Homes are selling in a median of 14 days.
Prices & Activity
Median Sale Price
$853K
-17.6% YoYDays on Market
14
-3 days YoYMonths of Supply
2.0
+1.5 mo YoYActive Inventory
16
+300.0% YoYSale-to-List
104.0%
+0.8 pts YoYSource: Redfin Data Center (through Jan 2026)
Median Sale Price — Melrose, MA
Days on Market — Melrose, MA
Growth & Supply
Population
1,638,365
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003) — Middlesex County
Median Household Income
$131K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013) — Middlesex County
Renter-Occupied Homes
38.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003) — Middlesex County
Migration — Middlesex County
Avg income of movers (latest year): in $107K · out $126K
IRS Statistics of Income, County-to-County Migration Data (through 2023)
Unemployment Rate — Middlesex County
Most recent month is preliminary and subject to revision
U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)