Downtown, Melrose Real Estate & Homes For Sale

4 homes

Real Estate & Homes For Sale Near Downtown, Melrose, MA

We found 30 more homes matching your filters just outside Downtown

Downtown, Melrose, MA Real Estate Trends

Learn about the Downtown, Melrose, MA housing market through trends and averages.

Affordability of Living in Downtown, Melrose, MA

The median home value is $705,459
MonthMedian home value
April 2025$673k
May 2025$671k
June 2025$670k
July 2025$669k
August 2025$670k
September 2025$674k
October 2025$682k
November 2025$689k
December 2025$695k
January 2026$700k
February 2026$704k
March 2026$705k
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Trends and affordability stats are provided by third party data sources.

Average Home Value in Downtown, Melrose, MA, by Home Size

Home SizeHome Value*
2 bedrooms (See homes)$600,981
3 bedrooms (See homes)$805,047
*Home value over the past month

Explore the Neighborhood

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Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

  • Keri
    "Busy street, lot's of dogs in the neighborhood. People are respectful and follow rules about leashing and pick up."
  • Lowysematsunaga
    "I’ve lived here since I was newly wed, it has been a great place for our family and for my son to grown up."
  • krausch
    "I have been living in Melrose for nearly a year now. What a refreshing break from Boston! Lots of small shops and restaurants, many with owners who live right in Melrose, themselves. People, in general, are more courteous and will speak to each other in the street. It is a very pleasant home-town feeling place. With 2 commuter rail stops in town and the Orange Line just a short bus ride away, it's a great place to commute from and come home to!"
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.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.