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Melrose, MA — Market Report

April 2026

Market Snapshot

15Closed Sales
$15,276,000Total Volume
$556Median $/sqft
$930,000Median Sale Price
$849,900Median List Price
111.73%Median Sale-to-List Ratio
125.17%Median Sale-to-Assessment Ratio
0.86%Median Taxes-to-Sale Ratio
1,924Avg Year Built

Market Performance by Property Type

Volume & Price Metrics

TypeTotal SoldTotal VolumeMedian PriceAvg PriceMedian $/sqftAvg $/sqftAvg Year Built
Single Family13$14,506,000$1,000,000$1,115,846$556$5591,924
Condo2$770,000$385,000$385,000$504$504

Median Ratio Metrics

TypeSale/ListSale/AssessmentTaxes/Sale
Single Family114.88%130.94%0.76%
Condo99.05%105.75%1.01%

Average Ratio Metrics

TypeSale/ListSale/AssessmentTaxes/Sale
Single Family114.42%131.56%0.82%
Condo99.05%105.75%1.01%

Price Distribution

Sale/List ≥ 100%Sale/List < 100%

Median Ratio Metrics

BucketSale/ListSale/AssessmentTaxes/Sale
<$200k
$200k-$400k100.00%102.12%0.97%
$400k-$600k98.10%109.37%1.05%
$600k-$800k114.24%105.62%1.01%
$800k-$1.0M107.66%114.77%1.00%
$1.0M-$1.5M119.86%137.08%0.72%
$1.5M-$2.0M108.00%150.40%0.66%
$2.0M+

Average Ratio Metrics

BucketSale/ListSale/AssessmentTaxes/Sale
<$200k
$200k-$400k100.00%102.12%0.97%
$400k-$600k98.10%109.37%1.05%
$600k-$800k114.24%105.62%1.01%
$800k-$1.0M108.58%120.51%0.94%
$1.0M-$1.5M121.73%147.00%0.69%
$1.5M-$2.0M108.00%150.40%0.66%
$2.0M+

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