Homes Under $500K in Melrose, MA

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4 Listings

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Thomas O'Leary

Realty.com

Lic. #1000018

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Price Reduced30Active
$474,900
2 bd · 2 ba · 960 sqft
180 Green St #406, Melrose, MA
Price Reduced24Active
$350,000
1 bd · 1 ba · 644 sqft
60 Vinton St #3, Melrose, MA
Price Reduced26Active
$379,900
1 bd · 1 ba · 624 sqft
26 W Wyoming Avenue #2D, Melrose, MA

Price Reduced32Active
$479,000
3 bd · 1 ba · 1,330 sqft
601 Franklin Street #2, Melrose, MA

Listing data & MLS disclosures

MLS Property Information Network (MLS PIN): The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing information ©2026 MLS Property Information Network, Inc®. All Rights Reserved. Last Updated: 2026-09-04 07:05:00 UTC

Melrose housing market

July 2026

Selling at 103.4% of asking price

Buyers here are paying above asking. MLS · 37 sales · as of Jul 31, 2026

Homes that sold · County records, as of Jul 31, 2026

Median sale price: $1,075,000$920,000–$1,330,000 typical range
Price per sq. ft.: $524
Sales: 35
Paid in cash: 22.9%

Homes on the market · MLS, as of Jul 21, 2026–Jul 31, 2026

Median list price: $770,000
Homes for sale: 34
Median days on market: 21 days

Price trend · Assessor repeat sales, as of Jul 31, 2026

Year-over-year: 12.0%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 14, 2026

Median home size: 1,894 sq. ft.

Melrose, MA community profile

Population: 30,240
Median income: $124,382
Housing units: 13,193
People per sq. mi.: 6,434
Area: 4.7 sq. mi.

Source: HJN community data

Registered offenders on the map

Registered offenders on the map

Registered offenders on the map

Registered offenders on the map

Homes Under $500K in Melrose, MA

Homes Under $500K in Melrose, MA

Your local brokerage

Listing data & MLS disclosures

Melrose housing market

Homes that sold · County records, as of Jul 31, 2026

Homes on the market · MLS, as of Jul 21, 2026–Jul 31, 2026

Price trend · Assessor repeat sales, as of Jul 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 14, 2026

Melrose, MA community profile

Explore Melrose homes

Listing data & MLS disclosures

Your local brokerage

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Melrose, MA community profile

Melrose housing market

Homes that sold · County records, as of Jul 31, 2026

Homes on the market · MLS, as of Jul 21, 2026–Jul 31, 2026

Price trend · Assessor repeat sales, as of Jul 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 14, 2026