Melrose housing market
September 2026 · All Residences
Melrose's median sale price rose 5.9% compared with the same month last year. Homes sold more slowly than a year ago, at a median of 20 days on market. Sellers received a median 100.9% of their final list price.
What this means for sellers
Recent sales are the best guide to pricing. A considered launch usually matters more than timing the market.
What this means for buyers
There is a reasonable selection of homes, giving time to compare options before making an offer.
Key figures
Closed sales: 27 this month · 90 last 3 months · 284 trailing 12 months
Median days on market
20 days
Prior month: 21 days · MoM -4.8%
Last year: 19 days · YoY +5.3%
Average days on market
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Prior month: — · MoM: —
Last year: — · YoY: —
Cumulative days on market
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Last year: — · YoY: —
Closed sales (month)
27
Prior month: 23 · MoM +17.4%
Last year: 17 · YoY +58.8%
Median sale price
$900,000
Prior month: $880,000 · MoM +2.3%
Last year: $850,000 · YoY +5.9%
Average sale price
$867,118
Prior month: $877,337 · MoM -1.2%
Last year: $929,000 · YoY -6.7%
Median price per sq ft
$467
Prior month: $480 · MoM -2.7%
Last year: $481 · YoY -2.9%
New listings
49
Prior month: 24 · MoM +104.2%
Last year: 35 · YoY +40%
Active inventory
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Last year: — · YoY: —
Pending sales
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Months of supply
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Absorption rate
—
Prior month: — · MoM: —
Last year: — · YoY: —
Sale-to-list ratio
100.9%
Prior month: 103% · MoM -2%
Last year: 103.7% · YoY -2.7%
Sold over asking
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Prior month: — · MoM: —
Last year: — · YoY: —
With price reductions
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Trends
Median sale price moved from $759,900 in October 2024 to $900,000 in September 2026.
View as table
| Month | Median price |
|---|---|
| October 2024 | $759,900 |
| November 2024 | $750,000 |
| December 2024 | $745,000 |
| January 2025 | $841,500 |
| February 2025 | — |
| March 2025 | $832,000 |
| April 2025 | $869,000 |
| May 2025 | $822,450 |
| June 2025 | $913,750 |
| July 2025 | $950,000 |
| August 2025 | $995,000 |
| September 2025 | $850,000 |
| October 2025 | $925,000 |
| November 2025 | $875,000 |
| December 2025 | $800,000 |
| January 2026 | $925,000 |
| February 2026 | $836,450 |
| March 2026 | $890,000 |
| April 2026 | $930,000 |
| May 2026 | $898,000 |
| June 2026 | $982,500 |
| July 2026 | $997,250 |
| August 2026 | $880,000 |
| September 2026 | $900,000 |
In September 2026: 27 closed sales and 49 new listings.
View as table
| Month | Closed sales | New listings |
|---|---|---|
| October 2024 | 23 | 33 |
| November 2024 | 17 | 14 |
| December 2024 | 26 | 9 |
| January 2025 | 11 | 13 |
| February 2025 | 9 | 24 |
| March 2025 | 17 | 21 |
| April 2025 | 28 | 47 |
| May 2025 | 24 | 50 |
| June 2025 | 34 | 48 |
| July 2025 | 40 | 16 |
| August 2025 | 33 | 17 |
| September 2025 | 17 | 35 |
| October 2025 | 22 | 28 |
| November 2025 | 17 | 15 |
| December 2025 | 23 | 14 |
| January 2026 | 13 | 21 |
| February 2026 | 20 | 15 |
| March 2026 | 19 | 30 |
| April 2026 | 15 | 47 |
| May 2026 | 31 | 41 |
| June 2026 | 34 | 50 |
| July 2026 | 40 | 27 |
| August 2026 | 23 | 24 |
| September 2026 | 27 | 49 |
Days on market moved from 19 in October 2024 to 20 in September 2026.
View as table
| Month | Median days |
|---|---|
| October 2024 | 19 |
| November 2024 | 17 |
| December 2024 | 22 |
| January 2025 | 20 |
| February 2025 | — |
| March 2025 | 15 |
| April 2025 | 12 |
| May 2025 | 11 |
| June 2025 | 12 |
| July 2025 | 14 |
| August 2025 | 22 |
| September 2025 | 19 |
| October 2025 | 11 |
| November 2025 | 21 |
| December 2025 | 18 |
| January 2026 | 16 |
| February 2026 | 24 |
| March 2026 | 14 |
| April 2026 | 17 |
| May 2026 | 13 |
| June 2026 | 15 |
| July 2026 | 19 |
| August 2026 | 21 |
| September 2026 | 20 |
Months of supply: not enough history yet.
View as table
| Month | Months |
|---|---|
| October 2024 | — |
| November 2024 | — |
| December 2024 | — |
| January 2025 | — |
| February 2025 | — |
| March 2025 | — |
| April 2025 | — |
| May 2025 | — |
| June 2025 | — |
| July 2025 | — |
| August 2025 | — |
| September 2025 | — |
| October 2025 | — |
| November 2025 | — |
| December 2025 | — |
| January 2026 | — |
| February 2026 | — |
| March 2026 | — |
| April 2026 | — |
| May 2026 | — |
| June 2026 | — |
| July 2026 | — |
| August 2026 | — |
| September 2026 | — |
Sale-to-list ratio moved from 101.6% in October 2024 to 100.9% in September 2026.
View as table
| Month | % of list |
|---|---|
| October 2024 | 101.6% |
| November 2024 | 102.5% |
| December 2024 | 100.9% |
| January 2025 | 100.3% |
| February 2025 | — |
| March 2025 | 101.7% |
| April 2025 | 106.2% |
| May 2025 | 110% |
| June 2025 | 105.5% |
| July 2025 | 104.8% |
| August 2025 | 100.7% |
| September 2025 | 103.7% |
| October 2025 | 103.9% |
| November 2025 | 99.5% |
| December 2025 | 102.6% |
| January 2026 | 102.8% |
| February 2026 | 99.2% |
| March 2026 | 102% |
| April 2026 | 111.7% |
| May 2026 | 104.9% |
| June 2026 | 107.6% |
| July 2026 | 103.4% |
| August 2026 | 103% |
| September 2026 | 100.9% |