Bellevue · Cedar Park · Colonial Park · Downtown · East Side (Upham Hill) · Fells · Forestdale · Golden Hills (the Golden Hills) · Greenwood · Horace Mann · Melrose Highlands (the Highlands) · Mount Hood (Mt. Hood) · North Medford (Fulton Heights) · Oak Grove (Pine Banks) · Wyoming
Data as of September 2026. Source: Realtor.com.
The MELROSE, MA real estate market (02176) currently shows 69 active listings, with 32 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has increased compared to last year, with 47 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 31 days on market compared to 12 days last year.
The median listing price has fallen 5.7% year-over-year, from $814,995 to $768,500.
Population: 29,477 · Density: 2,430.2/mi² · Median household income: $126,305
Typical home value: $734,221 · Homeownership: 65.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 02176 | Melrose, MA 02176 | 0.0 mi | 19 | $17,017,122 | $734,600 | $895,638 |
| 02180 | Stoneham, MA 02180 | 2.3 mi | 16 | $11,797,040 | $576,950 | $737,315 |
| 01880 | Wakefield, MA 01880 | 3.3 mi | 22 | $18,229,134 | $739,900 | $828,597 |
| 02149 | Everett, MA 02149 | 3.4 mi | 11 | $6,592,300 | $573,950 | $599,300 |
| 02150 | Chelsea, MA 02150 | 4.3 mi | 19 | $8,782,845 | $470,000 | $462,255 |
| 01890 | Winchester, MA 01890 | 4.5 mi | 24 | $52,644,360 | $2,148,000 | $2,193,515 |
| 02144 | Somerville, MA 02144 | 5.0 mi | 16 | $20,704,224 | $1,304,725 | $1,294,014 |
| 02129 | Charlestown, MA 02129 | 5.2 mi | 12 | $12,998,616 | $856,243 | $1,083,218 |
| 02143 | Somerville, MA 02143 | 5.5 mi | 21 | $22,434,090 | $864,288 | $1,068,290 |
| 01940 | Lynnfield, MA 01940 | 5.6 mi | 15 | $35,619,690 | $1,735,500 | $2,374,646 |
| 01901 | Lynn, MA 01901 | 5.8 mi | 5 | $1,919,490 | $386,750 | $383,898 |
| 02141 | Cambridge, MA 02141 | 6.0 mi | 33 | $31,966,473 | $948,250 | $968,681 |
| 01902 | Lynn, MA 01902 | 6.2 mi | 24 | $10,202,568 | $457,400 | $425,107 |
As of September 2026, there are 69 active listings in MELROSE, MA (zip code 02176), compared to 22 the prior year.
The median listing price in MELROSE, MA 02176 is $768,500 as of September 2026, a 5.7% decrease from $814,995 the prior year.
Homes in MELROSE, MA 02176 spend an average of 31 days on the market before going under contract, compared to 12 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MELROSE, MA 02176 is currently a Buyer's Market. Inventory has increased compared to last year, with 47 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 31 days on market compared to 12 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE, MA 02176 save an estimated $15,370 compared to a typical 5% commission on the median listing price of $768,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.