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Data as of June 2026. Source: Realtor.com.
The MELROSE, MA real estate market (02176) currently shows 88 active listings, with 50 pending sales. Homes are averaging 26 days on the market before going under contract.
Inventory has increased compared to last year, with 51 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 26 days on market compared to 11 days last year.
The median listing price has fallen 13.5% year-over-year, from $912,225 to $789,450.
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.
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 June 2026, there are 88 active listings in MELROSE, MA (zip code 02176), compared to 37 the prior year.
The median listing price in MELROSE, MA 02176 is $789,450 as of June 2026, a 13.5% decrease from $912,225 the prior year.
Homes in MELROSE, MA 02176 spend an average of 26 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 June 2026, MELROSE, MA 02176 is currently a Buyer's Market. Inventory has increased compared to last year, with 51 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 26 days on market compared to 11 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE, MA 02176 save an estimated $15,789 compared to a typical 5% commission on the median listing price of $789,450. 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.