The median sale price of a home in Melrose was $172K last month, down 6.1% since last year. The median sale price per square foot in Melrose is $131, down 13.8% since last year.
In September 2024, Melrose home prices were down 6.1% compared to last year, selling for a median price of $172K. There were 3 homes sold in September this year, down from 7 last year.
$209K
Sale Price
+17.1% since last year
$131
Sale $/Sq. Ft.
-13.8% since last year
Under List Price
2.9%
Days on Market
105
Down Payment
—
Total Homes Sold
1
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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
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Melrose has a minor risk of flooding. 33 properties in Melrose are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Melrose. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Melrose has a major risk of wildfire. There are 557 properties in Melrose that have some risk of being affected by wildfire over the next 30 years. This represents 99% 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. 558 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 137 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 145 mph.