foreclosure.com

Foreclosures in Melrose, MA

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 10 of 11

Melrose, MA Foreclosures

Current Market Conditions in in Melrose, MA As of February 2026?
In the past month, the Melrose real estate market has experienced increased activity, with more homes being listed for sale compared to previous months. The rise in inventory, however, has not significantly affected home prices as buyers remain eager to secure homes in the area. The competitive nature of the market means that properties that are well-maintained and priced effectively continue to attract significant interest, often leading to quick sales.
How much do homes sell for in Melrose, MA?
The average home price is currently $944,228.
In Melrose, MA, how many homes are available?
There are currently 11 active home listings available in Melrose.
What’s the average rental cost in Melrose, MA?
The average rental price in Melrose is $2,691.
What is the most expensive home in Melrose?
The most expensive home sold in Melrose had a price of $67,160,976.
What is currently the cheapest priced home in Melrose, MA?
The cheapest home for sale in Melrose is priced at $20,331.

Living in Melrose, MA

Melrose, Massachusetts, is a quaint suburb of Boston known for its rich history and strong community ties. The town features beautiful parks, excellent schools, and a variety of local businesses, making it an ideal choice for families and young professionals alike. With easy access to downtown Boston via public transportation, residents enjoy the best of both suburban and urban lifestyles.

Buyer vs Seller Market in Melrose, MA

Melrose's real estate market has seen a steady rise in home values over the past year, reflecting the demand for housing in suburban areas close to Boston. The competitive market is characterized by a low inventory of homes for sale, resulting in quicker sales and often multiple offers on desirable properties. Buyers are drawn to the area's charm, good schools, and community spirit, leading to continued investment in the housing market.

In response to the changing dynamics of remote work and urban migration, Melrose has become increasingly popular among buyers looking for spacious homes and outdoor spaces. The average days on the market for homes have decreased significantly as families seek to move into the area, highlighting the overall demand for residential properties.

Home Value Estimator For Melrose, MA

There are currently 8,874 real estate properties in Melrose, MA, with a median automated valuation model (AVM) price of $899,382.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Melrose, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Melrose, MA, is $944,228.00, with the most expensive house in Melrose, MA, topping out at $67,160,976.00 and the cheapest home in Melrose, MA, clocking in at $20,331.00. In other words, there’s something for every potential homebuyer or savvy investor in Melrose, MA!

Rent Prices In Melrose, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Melrose, MA, is on a rollercoaster ride. The average rent price in Melrose, MA, is $2,691.00. Indeed, when looking to rent in Melrose, MA, you can expect to pay as little as $1,160.00 or as much as $4,180.00, with the average rent median estimated to be $2,760.00. The good news is that finding an affordable and desirable property to rent in Melrose, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Melrose, MA Foreclosures

Popular Searches

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.