In January 2025, Melrose home prices were down 2.3% compared to last year, selling for a median price of $425K.
$545K
Sale Price
$303
Sale $/Sq. Ft.
Under List Price
0.2%
Days on Market
53
Down Payment
—
Total Homes Sold
1
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How hot is the Melrose housing market?
Melrose is somewhat competitive. Homes sell in 53 days.
0
100
43
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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 53 days.
Hot homes
can sell for around list price and go pending in around 33 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 - Minor
62% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Melrose has a minor risk of flooding. 88 properties in Melrose are likely to be
severely affected
by flooding over the next 30 years. This represents 62% of all properties in Melrose. Flood risk is increasing faster than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Melrose has a moderate risk of wildfire. There are 355 properties in Melrose that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Melrose.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Melrose has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Melrose is most at risk from hurricanes. 355 properties in Melrose have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 140 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 161 mph.