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MA area data

Melrose, MA

Melrose, MA.

Population: 29,650 (Census ACS)

Home values & appreciation

Median home value
$931,069
1-year appreciation
+3.8%
3-year appreciation
+11.3%
5-year appreciation
+20.4%
10-year appreciation
+76.7%
All-time peak (2026-07)
$931,069
House Price Index
467.4 (+2.1% YoY)

Market activity

Median sale price
$911,500
Median list price
$879,950
Median days on market
15 days
Sale-to-list ratio
107.4%
Active listings
45
1-year forecast
+1.2%
Days to pending
19 days
New listings (monthly)
33

Rents

Typical rent
$2,969/mo
1-year rent change
+2.7%
1BR fair-market rent
$1,597/mo
3BR fair-market rent
$2,658/mo

Affordability

Cost of living index (High)
110.5 (100 = US avg)
Electricity rate (state-level)
30.5¢/kWh
Natural gas rate (state-level)
$25.10/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
6
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
iceStorm, coldWave, hurricane, inlandFlooding, lightning
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
62.0°F
Average low
41.0°F
Annual precipitation
50.3 in
Annual snowfall
65.4 in

Air quality

Air quality rating
Good
Median AQI (annual)
39
Days with Good air quality
281

Walkability & transit

Walkability index
17.8 / 20
Transit service frequency
394

Amenities

National parks within ~60 mi
14
Nearest national park
Saugus Iron Works National Historic Site (3 mi)
Nearest airport
Boston Logan International Airport (BOS) (7 mi)
Nearest major airport
Boston Logan International Airport (BOS) (7 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-8,374 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$7,578
Mean commute to work
24 min
Households with broadband internet
88.3%

Employment & development

Total county employment
840,394
Average weekly wage
$2,110
Top industries (by employment)
Professional Services, Health Care, Accommodation & Food
Annual residential building permits (county)
734

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents