House Prices

Melrose Common Melrose, MA House Prices & Home Values 2026


Average Data

average house price$679,033
average size per house1853 ft²
average price per ft²383 $ / ft²

05/23/2026 - The value range (VR) for house prices in Melrose Common Melrose, MA is $363.85/ sqft to $402.15/ sqft. An average home with 1853 sqft costs approximately $703,206 to $777,227. 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 $383. Our analysis is based on 24 property listings.

Avergage prices by ZIP codes Melrose Common Melrose

02176396 $ / ft²




Historical development of home values in Melrose Common Melrose

Year Estimated value (USD) Change vs. 2025
2010 $315,355 -53.6%
2011 $303,160 -55.4%
2012 $302,344 -55.5%
2013 $313,645 -53.8%
2014 $329,241 -51.5%
2015 $346,139 -49.0%
2016 $364,203 -46.4%
2017 $383,860 -43.5%
2018 $405,082 -40.3%
2019 $423,865 -37.6%
2020 $445,777 -34.4%
2021 $507,023 -25.3%
2022 $591,075 -13.0%
2023 $623,316 -8.2%
2024 $659,376 -2.9%
2025 $679,033 0.0%

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



Example: 100% financing house in Melrose Common Melrose

Loan amount: $679,033

Interest rate: 6.26%

Fixed monthly payment: $4,184.46

Breakdown in the 1st month:
Interest portion: $3,541.16  –  Principal portion: $643.30

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $42,268.57 $7,944.91 $671,088.09
2 $41,756.87 $8,456.61 $662,631.48
3 $41,212.21 $9,001.27 $653,630.21
4 $40,632.47 $9,581.01 $644,049.20
5 $40,015.39 $10,198.09 $633,851.11
6 $39,358.56 $10,854.92 $622,996.19
7 $38,659.44 $11,554.04 $611,442.15
8 $37,915.28 $12,298.20 $599,143.95
9 $37,123.20 $13,090.28 $586,053.67
10 $36,280.10 $13,933.38 $572,120.29
11 $35,382.70 $14,830.78 $557,289.51
12 $34,427.50 $15,785.98 $541,503.52
13 $33,410.78 $16,802.70 $524,700.82
14 $32,328.57 $17,884.91 $506,815.92
15 $31,176.67 $19,036.81 $487,779.11
16 $29,950.58 $20,262.90 $467,516.20
17 $28,645.51 $21,567.97 $445,948.23
18 $27,256.39 $22,957.09 $422,991.15
19 $25,777.81 $24,435.67 $398,555.47
20 $24,203.99 $26,009.49 $372,545.99
21 $22,528.81 $27,684.67 $344,861.32
22 $20,745.74 $29,467.74 $315,393.57
23 $18,847.82 $31,365.66 $284,027.92
24 $16,827.67 $33,385.81 $250,642.11
25 $14,677.41 $35,536.07 $215,106.03
26 $12,388.65 $37,824.83 $177,281.20
27 $9,952.49 $40,260.99 $137,020.21
28 $7,359.41 $42,854.07 $94,166.14
29 $4,599.33 $45,614.15 $48,552.00
30 $1,661.48 $48,552.00 $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 Melrose Common Melrose, MA


1500 sqft3900 sqft
Ø selling price$725,037$1,542,350
Ø fast selling$659,124$1,388,115
Ø high price sale$790,949$1,696,585

In 2026, houses in Melrose Common Melrose, MA will be offered at an average price of $383 per square foot. A 1,500 sqft home priced at $725,037 is 23.99% more expensive per square foot than a 3,900 sqft home priced at $1,542,350. Home prices in Melrose Common 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 $1,067,781. Sellers who can wait longer may achieve a higher price of up to $1,305,066.


Melrose Common Neighborhood, Melrose, MA

Melrose Common is a beloved neighborhood in Melrose, MA, centered around its namesake green space and playing fields. Known for its tree-lined streets and walkable layout, the area delivers a classic New England charm with easy access to parks, schools, and local shops. Families and professionals appreciate the relaxed vibe and strong sense of community that defines Melrose Common.


Local Amenities and Parks

The neighborhood?s focal park offers open lawns, playground areas, and athletic fields that host youth sports and casual recreation. Seasonal community gatherings and outdoor activities make the area lively while still feeling peaceful and safe.


Location and Transportation

Residents enjoy convenient connections to downtown Melrose, nearby dining, and small businesses along Main Street and neighboring corridors. Commuters benefit from access to MBTA bus routes and nearby commuter rail stations offering swift trips to Boston.


Housing and Lifestyle

Housing near Melrose Common ranges from classic single-family homes to multifamily options, appealing to a variety of budgets and life stages. Well-regarded local schools, active civic groups, and abundant recreation support a balanced lifestyle with strong resale appeal. For buyers, renters, and visitors alike, the Melrose Common neighborhood blends convenience, green space, and small-city energy in one highly sought-after Melrose location.



FAQ – Home Values in Melrose Common Melrose

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

In 2026, the typical home value in Melrose Common Melrose is about $679,033 for an average home size of 1853 square feet. This corresponds to an average price of roughly $383 per square foot.

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

In 2026, homes in Melrose Common Melrose sell for an average of around $383 per square foot, with a typical range between $363.85 and $402.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Melrose Common?

The average home size in Melrose Common Melrose is about 1853 square feet, with an estimated 2026 value around $679,033.



Neighborhoods close to Melrose Common 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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