House Prices

Melrose Highlands Melrose, MA House Prices & Home Values 2026


Average Data

average house price$603,512
average size per house1647 ft²
average price per ft²340 $ / ft²

04/05/2026 - The value range (VR) for house prices in Melrose Highlands Melrose, MA is $323/ sqft to $357/ sqft. An average home with 1647 sqft costs approximately $493,147 to $545,057. 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 $340. Our analysis is based on 24 property listings.

Avergage prices by ZIP codes Melrose Highlands Melrose

02176352 $ / ft²




Historical development of home values in Melrose Highlands Melrose

Year Estimated value (USD) Change vs. 2025
2010 $280,282 -53.6%
2011 $269,443 -55.4%
2012 $268,718 -55.5%
2013 $278,762 -53.8%
2014 $292,623 -51.5%
2015 $307,642 -49.0%
2016 $323,696 -46.4%
2017 $341,168 -43.5%
2018 $360,029 -40.3%
2019 $376,723 -37.6%
2020 $396,198 -34.4%
2021 $450,633 -25.3%
2022 $525,336 -13.0%
2023 $553,992 -8.2%
2024 $586,041 -2.9%
2025 $603,512 0.0%

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



Example: 100% financing house in Melrose Highlands Melrose

Loan amount: $603,512

Interest rate: 5.56%

Fixed monthly payment: $3,450.19

Breakdown in the 1st month:
Interest portion: $2,797.28  –  Principal portion: $652.91

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $33,364.49 $8,037.77 $595,474.23
2 $32,905.85 $8,496.40 $586,977.83
3 $32,421.05 $8,981.21 $577,996.62
4 $31,908.58 $9,493.68 $568,502.94
5 $31,366.87 $10,035.39 $558,467.56
6 $30,794.25 $10,608.01 $547,859.55
7 $30,188.96 $11,213.30 $536,646.25
8 $29,549.13 $11,853.13 $524,793.12
9 $28,872.79 $12,529.47 $512,263.65
10 $28,157.85 $13,244.40 $499,019.25
11 $27,402.13 $14,000.13 $485,019.13
12 $26,603.28 $14,798.98 $470,220.15
13 $25,758.85 $15,643.40 $454,576.75
14 $24,866.24 $16,536.02 $438,040.73
15 $23,922.69 $17,479.56 $420,561.16
16 $22,925.31 $18,476.95 $402,084.22
17 $21,871.01 $19,531.24 $382,552.97
18 $20,756.56 $20,645.70 $361,907.28
19 $19,578.51 $21,823.74 $340,083.53
20 $18,333.25 $23,069.00 $317,014.53
21 $17,016.93 $24,385.32 $292,629.21
22 $15,625.51 $25,776.75 $266,852.46
23 $14,154.68 $27,247.57 $239,604.89
24 $12,599.94 $28,802.32 $210,802.57
25 $10,956.48 $30,445.78 $180,356.79
26 $9,219.24 $32,183.02 $148,173.77
27 $7,382.87 $34,019.38 $114,154.39
28 $5,441.73 $35,960.53 $78,193.86
29 $3,389.82 $38,012.44 $40,181.43
30 $1,220.83 $40,181.43 $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 Highlands Melrose, MA


1500 sqft3900 sqft
Ø selling price$572,052$1,216,910
Ø fast selling$520,048$1,095,219
Ø high price sale$624,057$1,338,601

In 2026, houses in Melrose Highlands Melrose, MA will be offered at an average price of $340 per square foot. A 1,500 sqft home priced at $572,052 is 21.32% more expensive per square foot than a 3,900 sqft home priced at $1,216,910. Home prices in Melrose Highlands 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 $842,477. Sellers who can wait longer may achieve a higher price of up to $1,029,694.


Melrose Highlands Neighborhood Guide

Location, Lifestyle, and Transportation

Melrose Highlands in Melrose, MA is a charming residential neighborhood known for its tree-lined streets and close-knit feel. Located on the western side of the city, it offers quick access to Boston while retaining a suburban vibe. The Melrose Highlands MBTA commuter rail station provides convenient service on the Haverhill Line for daily commuters.
Residents appreciate the walkability to Main Street shops, locally owned cafes, and everyday services. Its central location near Route 1 and I-93 enhances connectivity for work, school, and weekend adventures.

Homes, Parks, and Community Amenities

Housing in Melrose Highlands ranges from classic Victorian and Colonial homes to updated condos, making the local real estate market appealing to a variety of buyers. Nearby green spaces like Ell Pond, Pine Banks Park, and the Middlesex Fells offer plentiful trails, playgrounds, and waterfront views. The neighborhood is served by well-regarded Melrose Public Schools and active community organizations that host seasonal events.
Dining and retail options continue to grow, with farm-to-table restaurants, fitness studios, and specialty boutiques adding local flavor. With its strong transit access, historic charm, and vibrant amenities, Melrose Highlands stands out as one of the most desirable places to live in Greater Boston.



FAQ – Home Values in Melrose Highlands Melrose

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

In 2026, the typical home value in Melrose Highlands Melrose is about $603,512 for an average home size of 1647 square feet. This corresponds to an average price of roughly $340 per square foot.

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

In 2026, homes in Melrose Highlands Melrose sell for an average of around $340 per square foot, with a typical range between $323 and $357 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Melrose Highlands?

The average home size in Melrose Highlands Melrose is about 1647 square feet, with an estimated 2026 value around $603,512.



Neighborhoods close to Melrose Highlands 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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