All Towns

Melrose, MA — Market Report

January 2026

Market Snapshot

12Closed Sales
$11,502,500Total Volume
$446Median $/sqft
$960,000Median Sale Price
$889,900Median List Price
103.53%Median Sale-to-List Ratio
114.51%Median Sale-to-Assessment Ratio
0.87%Median Taxes-to-Sale Ratio
1,942Avg Year Built

Market Performance by Property Type

Volume & Price Metrics

TypeTotal SoldTotal VolumeMedian PriceAvg PriceMedian $/sqftAvg $/sqftAvg Year Built
Single Family8$7,107,000$853,000$888,375$450$4621,942
Condo4$4,395,500$1,201,500$1,098,875$411$430

Median Ratio Metrics

TypeSale/ListSale/AssessmentTaxes/Sale
Single Family103.53%114.51%0.87%
Condo105.33%61.56%3496.91%

Average Ratio Metrics

TypeSale/ListSale/AssessmentTaxes/Sale
Single Family104.04%115.65%0.87%
Condo105.95%62.68%3524.22%

Price Distribution

Sale/List ≥ 100%Sale/List < 100%

Median Ratio Metrics

BucketSale/ListSale/AssessmentTaxes/Sale
<$200k
$200k-$400k
$400k-$600k102.27%122.98%0.80%
$600k-$800k97.96%107.16%0.92%
$800k-$1.0M107.94%123.39%0.80%
$1.0M-$1.5M110.56%128.19%0.77%
$1.5M-$2.0M
$2.0M+

Average Ratio Metrics

BucketSale/ListSale/AssessmentTaxes/Sale
<$200k
$200k-$400k
$400k-$600k102.27%122.98%0.80%
$600k-$800k98.58%102.13%0.98%
$800k-$1.0M107.94%123.39%0.80%
$1.0M-$1.5M108.74%79.53%2819.50%
$1.5M-$2.0M
$2.0M+