Melrose, Fall 2026: buyers more selective, lower median price
Melrose sold 62 single-family homes this summer, the same as a year ago, and the median sale slipped 2.2% to $976,000. 66% of homes sold over asking, down from 73%, and there's less than a month of supply.
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Single-family homes
July 1 through September 29, 2026, compared with the same period in 2025
| Measure | 2026 | 2025 | Change |
|---|---|---|---|
| Homes sold | 62 | 62 | Even |
| Median sale price | $976,000 | $997,500 | −2.2% |
| Median price per sq. ft. | $475 | $456 | +4.2% |
| Median sale-to-list price | 104.7% | 106.1% | −1.4 pts |
| Sold over asking | 66% | 73% | −7 pts |
| Median days on market | 18.5 | 15 | +3.5 days |
| New listings | 54 | 45 | +20.0% |
| Sales with seller concessions | 5% (3) | 3% (2) | Up |
The median single-family sale was $976,000, down 2.2% from $997,500 last summer, while price per square foot rose 4.2% to $475. The typical home sold for 104.7% of its list price, with a median of 18.5 days on market, compared with 15 last year. Three sales included a seller concession, compared with two last summer.
For context, from April through June the median single-family sale was $1,000,000, and 82% of homes sold over asking.
Right now, as of September 29: 16 single-family homes are for sale and another 34 are under agreement. That's roughly 0.8 months of supply, firmly a seller's market. Eight of the 16 active listings have already cut their price, and new listings were up 20.0% this summer, so buyers have more to choose from than last year.
Condominiums
Melrose's condo sample is small: 19 condos sold this summer compared with 20 last summer. That's too few to read a reliable price trend. Today there are 18 condos for sale and 7 under agreement.
What it means if you own in Melrose
Melrose's median price dipped this summer, and most homes still sold over asking. Very little is for sale, so well-priced homes still draw strong interest. Townwide numbers can't tell you what your home is worth. Your street, your updates and your timing all move the number.
Curious what the recent sales near you mean for your home?
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Pat and Alana · (617) 939-4613 · scanlonsells@gmail.com
Based on information provided to and compiled by MLS Property Information Network, Inc., covering July 1 through September 29 in 2025 and 2026. The analysis includes single-family and condominium listings in Melrose, Massachusetts. Information is deemed reliable but not guaranteed. Recent closings may still be reported.