Todays Market Report

Melrose, MA

Single-Family Homes



Melrose, MA

Sun Dec 07 2025
This week the median list price for Melrose, MA is $862,000 with the market action index hovering around 84. This is less than last month's market action index of 90. Inventory has decreased to 10. Click here to stay informed with the Melrose market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Melrose, MA

Sun Dec 07 2025
This week the median list price for Melrose, MA is $862,000 with the market action index hovering around 84. This is less than last month's market action index of 90. Inventory has decreased to 10. Click here to stay informed with the Melrose market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Melrose market.
Median List Price $862,000
Median Price of New Listings $599,986
Per Square Foot $472
Average Days on Market 29
Median Days on Market 18
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 84
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,299,000 4,750 0.25 - 0.5 acre 5 4.5 0 0 1 42
$1,037,000 2,490 8,000 - 10,000 sqft 4 2.3 86 0 0 21
$724,900 1,352 4,500 - 6,500 sqft 3 1 95 0 1 14
$599,993 1,269 4,500 - 6,500 sqft 2 1.5 115 1 0 7