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.
Home Trends in Melrose Highlands, MA
On average, homes in Melrose Highlands, Melrose sell after 12 days on the market compared to the national average of 51 days. The median sale price for homes in Melrose Highlands, Melrose over the last 12 months is $828,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$828,000
Median Single Family Sale Price
$1,021,000
Median Townhouse Sale Price
$1,325,000
Median 2 Bedroom Sale Price
$523,000
Median 1 Bedroom Sale Price
$330,000
Average Price Per Sq Ft
$473
Number of Homes for Sale
3
Last 12 months Home Sales
51
Median List Price
$794,450
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
6%