Population: 29,477 · Density: 2,430.2/mi² · Median household income: $126,305
Typical home value: $734,221 · Homeownership: 65.8%
Data as of January 2026. Source: Realtor.com.
The MELROSE, MA real estate market (02176) currently shows 24 active listings, with 4 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 52 days on market compared to 11 days last year.
The median listing price has risen 27.7% year-over-year, from $665,725 to $849,900.
Whether you are buying or selling in MELROSE, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 02176 | Melrose, MA 02176 | 0.0 mi | 24 | $26,994,840 | $849,900 | $1,124,785 |
| 02180 | Stoneham, MA 02180 | 2.3 mi | 22 | $16,498,834 | $479,900 | $749,947 |
| 01880 | Wakefield, MA 01880 | 3.3 mi | 17 | $17,547,774 | $884,450 | $1,032,222 |
| 02149 | Everett, MA 02149 | 3.4 mi | 9 | $5,081,085 | $475,000 | $564,565 |
| 02150 | Chelsea, MA 02150 | 4.3 mi | 26 | $12,189,112 | $482,450 | $468,812 |
| 01890 | Winchester, MA 01890 | 4.5 mi | 25 | $40,422,375 | $1,537,000 | $1,616,895 |
| 02144 | Somerville, MA 02144 | 5.0 mi | 18 | $23,031,486 | $1,295,000 | $1,279,527 |
| 02129 | Charlestown, MA 02129 | 5.2 mi | 20 | $23,509,200 | $969,990 | $1,175,460 |
| 02143 | Somerville, MA 02143 | 5.5 mi | 15 | $16,832,490 | $859,050 | $1,122,166 |
| 01940 | Lynnfield, MA 01940 | 5.6 mi | 14 | $32,188,898 | $1,599,000 | $2,299,207 |
| 01901 | Lynn, MA 01901 | 5.8 mi | 4 | $1,525,900 | $379,000 | $381,475 |
| 02141 | Cambridge, MA 02141 | 6.0 mi | 22 | $22,787,798 | $965,000 | $1,035,809 |
| 01902 | Lynn, MA 01902 | 6.2 mi | 23 | $9,588,792 | $430,000 | $416,904 |
As of January 2026, there are 24 active listings in MELROSE, MA (zip code 02176), compared to 10 the prior year.
The median listing price in MELROSE, MA 02176 is $849,900 as of January 2026, a 27.7% increase from $665,725 the prior year.
Homes in MELROSE, MA 02176 spend an average of 52 days on the market before going under contract, compared to 11 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MELROSE, MA 02176 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 11 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE, MA 02176 save an estimated $16,998 compared to a typical 5% commission on the median listing price of $849,900. 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.