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Data as of April 2026. Source: Realtor.com.
The MELROSE, MA real estate market (02176) currently shows 24 active listings, with 6 pending sales. Homes are averaging 15 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 15 days on market compared to 7 days last year.
The median listing price has risen 10.5% year-over-year, from $739,900 to $817,400.
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 April 2026, there are 24 active listings in MELROSE, MA (zip code 02176), compared to 21 the prior year.
The median listing price in MELROSE, MA 02176 is $817,400 as of April 2026, a 10.5% increase from $739,900 the prior year.
Homes in MELROSE, MA 02176 spend an average of 15 days on the market before going under contract, compared to 7 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MELROSE, MA 02176 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 15 days on market compared to 7 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE, MA 02176 save an estimated $16,348 compared to a typical 5% commission on the median listing price of $817,400. 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.