Middlesex County

Real Estate in Melrose, MA

Ready to move to Melrose , MA? Click below to learn more about recent housing trends, average home values and other real estate insights .

Real Estate Overview

So you want to move to Melrose , MA, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in Melrose is $432,300, while the median rent for a one bedroom apartment is $1133 . The median salary in Melrose , MA, is $85,521, and depending on how yours compares, it should help you determine which housing option is best for you.

Property Values in Melrose , MA

  $1,000,000 or More 0.8%
  $50k to $99k 0.1%
  $100k to $149k 0.8%
  $200k to $299k 10.7%
  $300k to $499k 52.3%
  $500k to $999k 30.5%
  Less than $50k 2.6%

$432300
Median Home Price
in Melrose , MA

Monthly Rent in Melrose , MA

Property Tax (with Mortgage) in Melrose , MA

$1.5k to $2k 17.3%
$1k to $1.5k 10.8%
$2.5k to $3k 17.4%
$2k to $2.5k 25%
Property Tax $3k or more 24.2%
$500 to $999 5.3%

$2333
Median Property Tax
in Melrose , MA

Property Tax (without Mortgage) in Melrose , MA

$1k or More 20.6%
$250 to $399 2.7%
$400 to $599 10.5%
$600 to $799 28.1%
$800 to $999 36.4%
Less than $250 1.8%
Property Tax Less $0.5k 0%

$432300
Median Propery Value
in Melrose , MA

$1133
Median Rent
in Melrose , MA