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Melrose Highlands Homes for Sale

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  • 601 Franklin St Unit 2, Melrose, MA 02176
    601 Franklin St Unit 2, Melrose, MA 02176
    601 Franklin St Unit 2, Melrose, MA 02176
    /32

    $479,000

    $21K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,330 Sq Ft

    601 Franklin St Unit 2, Melrose, MA 02176

    Stop renting and start living the Melrose lifestyle! This spacious 3-bedroom condo offers an unbeatable 0.2-mile walk to the commuter rail, making your Boston commute a breeze. Inside, you'll find charming coffered ceilings, an open layout, and a fully equipped kitchen with Haier refrigerator (2022), Bosch dishwasher (2022) and gas range. Modern must-haves are all here—in unit laundry with 2024

    Joanne Rodrigues Redfin Corp.

    601 Franklin St Unit 2, Melrose, MA 02176
  • 629 Franklin St, Melrose, MA 02176
    629 Franklin St, Melrose, MA 02176
    629 Franklin St, Melrose, MA 02176
    /42

    $1,325,000

    $24K PRICE DROP
    • 6 Beds
    • 3 Baths
    • 3,564 Sq Ft

    629 Franklin St, Melrose, MA 02176

    One of a kind Architecturally distinctive VICTORIAN offers 3,564 sq.ft. living area across 13 rooms, 6 bedrooms, 3 full baths. Striking bottle glass stucco facade, stained glass window. 9 foot ceilings, hardwood floors, elegant crown moldings and abundant natural light throughout. Separate utilities, walkout basement, off street parking. Owners unit (1st floor) open concept living room,

    David Conte USA Realty Associates

    629 Franklin St, Melrose, MA 02176
  • 250 Tremont St, Melrose, MA 02176
    250 Tremont St, Melrose, MA 02176
    250 Tremont St, Melrose, MA 02176
    /31

    $999,900

    • 4 Beds
    • 2 Baths
    • 2,668 Sq Ft

    250 Tremont St, Melrose, MA 02176

    When opportunity knocks, 250 Tremont answers with open doors! This is a fantastic chance for first-time buyers and savvy investors alike. Imagine moving in and having the additional unit help cover your expenses, or purchasing this property as an investment and watching your equity grow over time. Prime Location - The location couldn't be more ideal—just around the corner from the commuter rail

    Mark Hutchinson Brad Hutchinson Real Estate

    250 Tremont St, Melrose, MA 02176
  • 721 Franklin St, Melrose, MA 02176
    721 Franklin St, Melrose, MA 02176
    721 Franklin St, Melrose, MA 02176
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    $1,199,000

    • 8 Beds
    • 3.5 Baths
    • 4,006 Sq Ft

    721 Franklin St, Melrose, MA 02176

    We are delighted to offer a unique opportunity in the Melrose Highlands. One of Melrose's finest grand turn of the century homes is now available for the home owner to lovingly restore or the house flipper to flip or a developer to search possibilities. It needs extensive work outside but it is in reasonably good condition inside with most of the original fine features still intact. We have a

    Paul Coogan Brad Hutchinson Real Estate

    721 Franklin St, Melrose, MA 02176
Massachusetts Middlesex County Melrose

Real Estate & Homes for Sale in Melrose Highlands, Melrose

Why Live in Melrose Highlands
Melrose Highlands is a picturesque neighborhood known for its tree-lined streets and diverse architectural styles, including ornate Victorian homes, charming bungalows, Cape Cods, colonial-style cottages, and Richardsonian or Queen Anne styles. Housing options range from one to five bedrooms, with condos and townhouses also available. The area features pocket parks like Warren Street Park and larger recreational spaces such as Memorial Knoll and Melrose Dog Park. Middlesex Fells Reservation, a 2,575-acre natural area, offers extensive hiking and biking trails and paddle boat launches. Residents often head to Downtown Melrose for shopping and dining, with the Towers Plaza Shopping Center providing convenient amenities like Whole Foods Market and CVS. The neighborhood is undergoing redevelopment, with new apartments and retail spaces planned. Melrose Highlands hosts the annual Victorian Fair, a major event featuring vendors, carnival rides, and live music. Commuters benefit from a central train station and proximity to Interstate 93 and U.S. Route 1, connecting to Boston within 30 minutes. Boston Logan International Airport is about 10 miles away. Students attend highly rated schools, including Roosevelt Elementary School, Melrose Middle School, and Melrose High School, as well as private options like Greater Boston Academy and St. Joseph School. The neighborhood has a low crime risk compared to the national average.
Learn more about living in Melrose Highlands

Melrose Highlands Home Prices vs. Nearby Melrose, MA Neighborhoods

Melrose Highlands Wyoming Downtown Melrose Forestdale
Median Home Price
$739,900
$799,000
$759,900
$667,493
Median Sale Price
$765,000
-7% YoY
$885,500
+38% YoY
$614,000
-10% YoY
$649,250
+1% YoY
Median Single Family Price
$975,000
$972,500
$1,027,500
$700,000
Median Condo Price
$479,000
$393,500
$587,500
$488,750
Total Active Listings
2 listings
2 listings
3 listings
6 listings
Market Conditions
1 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market

Frequently Asked Questions

Is Melrose Highlands a good place to live?
Melrose Highlands is a good place to live. Melrose Highlands is considered somewhat walkable and very bikeable with great transit options. Melrose Highlands is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Melrose Highlands has 7 parks for recreational activities. It has a median age of 46. The average household income is $137,841 which is above the national average. College graduates make up 62% of residents. A majority of residents in Melrose Highlands are home owners, with 37% of residents renting and 63% of residents owning their home. A local real estate agent serving Melrose Highlands can help you decide if this neighborhood is the right one for you. Learn more on our Melrose Highlands neighborhood guide.
Is Melrose Highlands, MA a safe neighborhood?
Melrose Highlands, MA is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Melrose Highlands?
The median home price in Melrose Highlands is $739,900. If you put a 20% down payment of $148,000 and had a 30-year fixed mortgage with an interest rate of 6.65%, your estimated principal and interest payment would be $3,800 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $163K a year to afford the median home price in Melrose Highlands. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Melrose Highlands is $138K.
What are the best public schools in Melrose Highlands?
The best public schools that serve Melrose Highlands are:
What are the best private schools in Melrose Highlands?
The best private schools that serve Melrose Highlands are:
What are the most popular zip codes in Melrose Highlands, Melrose, MA?
The most popular zip codes in Melrose Highlands, Melrose, MA include 02176, 02180, 01880, 01906 and 02148.
What are the most popular neighborhoods near Melrose Highlands, Melrose, MA?
The most popular neighborhoods near Melrose Highlands, Melrose, MA are Horace Mann, Melrose East Side, Haywardville, Wyoming and Oak Grove-Pine Banks.
Are home prices dropping in Melrose Highlands?
Yes, home prices in Melrose Highlands are down 7% in the last 12 months.
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