House Prices

Hoover Melrose, MA House Prices & Home Values 2026


Average Data

average house price$601,559
average size per house1642 ft²
average price per ft²339 $ / ft²

05/23/2026 - The value range (VR) for house prices in Hoover Melrose, MA is $322.05/ sqft to $355.95/ sqft. An average home with 1642 sqft costs approximately $488,617 to $540,051. Melrose, MA includes 1 ZIP codes and it is located in Middlesex county. The lowest prices are found in ZIP 02176, while the highest are in ZIP 02176. The average price per sqare feet is $339. Our analysis is based on 24 property listings.

Avergage prices by ZIP codes Hoover Melrose

02176351 $ / ft²




Historical development of home values in Hoover Melrose

Year Estimated value (USD) Change vs. 2025
2010 $279,375 -53.6%
2011 $268,571 -55.4%
2012 $267,848 -55.5%
2013 $277,860 -53.8%
2014 $291,676 -51.5%
2015 $306,646 -49.0%
2016 $322,649 -46.4%
2017 $340,064 -43.5%
2018 $358,864 -40.3%
2019 $375,504 -37.6%
2020 $394,916 -34.4%
2021 $449,174 -25.3%
2022 $523,636 -13.0%
2023 $552,199 -8.2%
2024 $584,144 -2.9%
2025 $601,559 0.0%

Graph: estimated home values in Hoover Melrose over time (USD)



Example: 100% financing house in Hoover Melrose

Loan amount: $601,559

Interest rate: 5.54%

Fixed monthly payment: $3,432.21

Breakdown in the 1st month:
Interest portion: $2,779.20  –  Principal portion: $653.01

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $33,148.22 $8,038.32 $593,520.68
2 $32,691.07 $8,495.46 $585,025.22
3 $32,207.93 $8,978.60 $576,046.62
4 $31,697.31 $9,489.22 $566,557.40
5 $31,157.65 $10,028.88 $556,528.52
6 $30,587.30 $10,599.23 $545,929.29
7 $29,984.52 $11,202.01 $534,727.28
8 $29,347.45 $11,839.08 $522,888.20
9 $28,674.16 $12,512.38 $510,375.82
10 $27,962.57 $13,223.96 $497,151.86
11 $27,210.51 $13,976.02 $483,175.84
12 $26,415.69 $14,770.84 $468,405.00
13 $25,575.66 $15,610.87 $452,794.13
14 $24,687.86 $16,498.67 $436,295.45
15 $23,749.57 $17,436.96 $418,858.49
16 $22,757.92 $18,428.61 $400,429.88
17 $21,709.87 $19,476.66 $380,953.22
18 $20,602.22 $20,584.31 $360,368.91
19 $19,431.58 $21,754.95 $338,613.96
20 $18,194.36 $22,992.17 $315,621.78
21 $16,886.78 $24,299.75 $291,322.03
22 $15,504.84 $25,681.69 $265,640.34
23 $14,044.30 $27,142.23 $238,498.11
24 $12,500.71 $28,685.83 $209,812.28
25 $10,869.33 $30,317.21 $179,495.07
26 $9,145.17 $32,041.37 $147,453.71
27 $7,322.95 $33,863.58 $113,590.13
28 $5,397.11 $35,789.42 $77,800.70
29 $3,361.74 $37,824.79 $39,975.91
30 $1,210.62 $39,975.91 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hoover Melrose, MA


1500 sqft3900 sqft
Ø selling price$568,524$1,209,405
Ø fast selling$516,840$1,088,464
Ø high price sale$620,208$1,330,345

In 2026, houses in Hoover Melrose, MA will be offered at an average price of $339 per square foot. A 1,500 sqft home priced at $568,524 is 21.25% more expensive per square foot than a 3,900 sqft home priced at $1,209,405. Home prices in Hoover Melrose, MA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $837,280. Sellers who can wait longer may achieve a higher price of up to $1,023,343.

FAQ – Home Values in Hoover Melrose

What is the median home value in Hoover Melrose in 2026?

In 2026, the typical home value in Hoover Melrose is about $601,559 for an average home size of 1642 square feet. This corresponds to an average price of roughly $339 per square foot.

What is the average cost per square foot in Hoover Melrose?

In 2026, homes in Hoover Melrose sell for an average of around $339 per square foot, with a typical range between $322.05 and $355.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Hoover?

The average home size in Hoover Melrose is about 1642 square feet, with an estimated 2026 value around $601,559.



Neighborhoods close to Hoover Melrose, MA

Stoneham Center Stoneham, MA326 $ / ft²
Braintree Highlands Braintree, MA361 $ / ft²
East Milton Milton, MA372 $ / ft²
West Medford Medford, MA419 $ / ft²
Point Shirley Winthrop, MA339 $ / ft²
Beachmont Revere, MA291 $ / ft²
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