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market report · 02176
Melrose, MA · 02176
32 active listings$814,450 median ask$3,905 est. rent0.5% price/rent
$814,450
Median list price
$3,905/mo
Estimated rent
0.5%
Price / rent ratio
32
Listings
FHFA home price index · 2016–2025
72.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$2.22
Median rent / sqft
32 comps
$453.68
Median sold / sqft
32 comps
—
Walkability
3.8%
Area unemployment
BLS LAUS
Median household income $133,953 · median home value $822,900 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 61).
23 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2 Orris Pl, Melrose, MA 02176
Melrose, MA
$799,900$4,881/mo0.6%
28 N Mountain Ave, Melrose, MA 02176
Melrose, MA
$649,999$3,832/mo0.6%
160 Forest St, Melrose, MA 02176
Melrose, MA
$699,000$4,118/mo0.6%
96 Converse Ln, Melrose, MA 02176
Melrose, MA
$769,900$4,402/mo0.6%
60 Vinton St, Melrose, MA 02176
Melrose, MA
$379,000$2,155/mo0.6%
17 Echo St, Melrose, MA 02176
Melrose, MA
$899,000$5,050/mo0.6%