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ZIP 02176 in Melrose, MA: housing market trends

The median home sale price in ZIP 02176 in Melrose, MA was $914,731 for the three-month period ending September 2026. Sale prices were 3.7% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$914,731
three-month period ending September 2026
Median sale price per sq ft
$470.62
three-month period ending September 2026
Active listings
146
three-month period ending September 2026
Typical monthly rent
$3,055
Rent index · August 2026

How is housing inventory changing?

There were 146 active listings for the three-month period ending September 2026. Active listings were 41.7% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 20 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 02176 in Melrose, MA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$914,731$470.6291
Single-familySeptember 2026$971,755$480.1964
TownhousesSeptember 2026$667,501$553.992 · small sample
Condos / co-opsSeptember 2026$424,987$486.3018
Multifamily (2–4 units)September 2026$1,110,000$435.427 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 02176 in Melrose, MA
MarketMedian sale priceReporting period / source
Melrose, MA$914,5643 months ending September 2026 · Redfin
Malden, MA$674,6793 months ending September 2026 · Redfin
Stoneham, MA$819,6103 months ending September 2026 · Redfin
Saugus, MA$683,6743 months ending September 2026 · Redfin
Medford, MA$869,5863 months ending September 2026 · Redfin
Wakefield, MA$792,1233 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 02176 in Melrose, MA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$914,731$470.62146
August 2026$950,000$493.10142
July 2026$980,000$498.26147
June 2026$960,000$523.13159
May 2026$911,500$502.25137
April 2026$905,000$492.58113
March 2026$870,000$469.6785
February 2026$807,500$460.8966
January 2026$815,000$455.3075
December 2025$867,000$471.1477
November 2025$888,750$471.1494
October 2025$940,000$480.5896
September 2025$950,000$464.40103
August 2025$951,250$464.44113
July 2025$935,000$482.28131
June 2025$869,000$501.66147
May 2025$842,500$514.72126
April 2025$832,000$518.26100
March 2025$810,000$514.2961
February 2025$785,000$474.3858
January 2025$792,500$473.8362
December 2024$750,500$452.0585
November 2024$751,000$449.5597
October 2024$828,500$454.17112

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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