The Melrose housing market is somewhat competitive. The median sale price of a home in Melrose was $1.52M last month, down 16.4% since last year. The median sale price per square foot in Melrose is $882, up 7.8% since last year.
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How hot is the Melrose housing market?
Melrose is somewhat competitive. Homes sell in 60 days.
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100
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Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 60 days.
Hot homes
can sell for around list price and go pending in around 36 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Melrose housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Melrose.
Flood Factor - Minimal
We’re working on getting current and accurate flood risk information
Flood Factor
Overall, Melrose has a minimal risk of flooding impacting the community over the next 30 years.