Explore Melrose
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Why Live in Melrose
Melrose, MA, located less than 10 miles north of Boston, offers a suburban feel with historic charm and modern amenities. The city is known for its walkability, abundant open spaces, and quick access to Boston via car or train. Melrose boasts a thriving local business community on Main Street, featuring classic red brick buildings, locally owned shops, and restaurants. Notable dining spots include Turner's Fish Market and Buckalew's General Store. The downtown area, added to the National Register of Historic Places in 1982, is adorned with decorative lampposts and festive holiday lights. Melrose is home to the oldest all-volunteer orchestra in the nation, the Melrose Symphony Orchestra, founded in 1918. The city hosts several community events, such as the Summer Stroll, Victorian Fair, and Home for the Holidays. The Beebe Estate, dating back to 1828, serves as an arts and events center. Residential areas feature Victorian and colonial-inspired architecture, with many homes built before the 1940s. Melrose offers a greenbelt of parks, trails, and ponds, including Middlesex Fells Reservation and Ell Pond. Golf enthusiasts can enjoy Bellevue Golf Club and Mount Hood Golf Course. Families benefit from the highly rated Melrose Public Schools, including Hoover Elementary, Melrose Veterans’ Memorial Middle School, and Melrose High School. Commuters have access to the T Orange Line, Interstate 93, and Route 1. Melrose has lower crime rates compared to the national average, though some areas may experience flooding during heavy rain.
Home Prices in Melrose, MA
The median home sale price in Melrose, MA is $895,000, up 10% year-over-year. Homes in Melrose sell in 18 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$895,000
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Median Single Family Sale Price
$969,000
|
|
Median Townhouse Sale Price
$975,000
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Median 2 Bedroom Sale Price
$579,000
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Median 1 Bedroom Sale Price
$385,000
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Average Price Per Sq Ft
$495
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Number of Homes for Sale
34
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Last 12 months Home Sales
263
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Months of Supply
1.60
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Median List Price
$840,000
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Median Change From 1st List Price
-3%
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Median Home Sale Price YoY Change
10%
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