Melrose, MA
Housing market overview · Updated weekly
$849,900median sale price
Homes sold
19
Last 12 weeks
Days on market
32
Average pace
Active listings
20
1.1 months supply
Sale-to-list
100.6%
Above asking
The Melrose housing market is currently classified as a strong seller's market with a median sale price of $849,900. Prices have risen 12.3% compared to last year, with homes spending an average of 32 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Melrose?
The median home sale price in Melrose is $849,900, up 12.3% from last year.
How long do homes stay on market in Melrose?
Homes typically spend 32 days on market before going under contract.
Is Melrose a buyer's or seller's market?
With 1.1 months of supply, Melrose is currently a strong seller's market.
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