5 Melrose Ave
Needham, MA 02492
- 4 Beds
- 2 Baths
- 2,022 sqft
4 Beds
2 Baths
2,022 sqft
Home Value
Trulia Estimate
$1.38MSince last month
Decreased$7K (-0.5%)Since last year
Increased$55K (+4.2%)Since last sale
Increased$590K (+74.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +61% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.38M |
| July 2026 | $1.39M |
| June 2026 | $1.4M |
| May 2026 | $1.42M |
| April 2026 | $1.42M |
| March 2026 | $1.41M |
| February 2026 | $1.35M |
| January 2026 | $1.32M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $1,155,000 | 05/08/26 | 4 | 2 | 1,563 | |
0.20 | Single-Family Home | $1,190,000 | 08/07/26 | 4 | 2 | 1,729 | |
0.26 | Single-Family Home | $1,000,000 | 01/27/26 | 4 | 1.5 | 1,352 | |
0.19 | Single-Family Home | $1,330,000 | 12/04/25 | 3 | 1.5 | 2,164 | |
0.27 | Single-Family Home | $1,525,000 | 07/22/26 | 4 | 2 | 2,314 | |
0.30 | Single-Family Home | $1,100,000 | 08/04/26 | 3 | 2 | 1,792 | |
0.39 | Single-Family Home | $1,120,000 | 07/22/26 | 4 | 1.5 | 1,729 | |
0.33 | Single-Family Home | $1,400,000 | 11/10/25 | 4 | 2 | 2,100 | |
0.11 | Single-Family Home | $2,150,000 | 06/26/26 | 4 | 2.5 | 2,506 | |
0.21 | Single-Family Home | $1,200,000 | 01/29/26 | 3 | 1.5 | 1,420 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $1,735,600 | 4 | 2.5 | 2,600 | Off Market | |
0.06 | $1,155,000 | 4 | 2 | 1,563 | Recently Sold | |
0.07 | $1,400,000 | 3 | 2.5 | 2,622 | Recently Sold | |
0.03 | $1,725,000 | 5 | 3.5 | 3,600 | Recently Sold | |
0.08 | $1,969,000 | 3 | 1.5 | 1,216 | Off Market | |
0.04 | $2,270,100 | 5 | 6 | 4,523 | Off Market | |
0.11 | $2,886,000 | 5 | 5.5 | 4,750 | Recently Sold | |
0.08 | $2,295,000 | 4 | 3.5 | 4,343 | Recently Sold | |
0.13 | $2,016,300 | 4 | 3.5 | 4,443 | Off Market | |
0.13 | $1,640,100 | 3 | 1 | 1,232 | Off Market | |
0.11 | $2,150,000 | 4 | 2.5 | 2,506 | Recently Sold | |
0.16 | $1,603,000 | 3 | 1.5 | 2,257 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1968
Living Area
2,022 sqft
Price/Sqft
$682
Parking
Garage
About this House
A handsome 4 bedroom deleaded Colonial with white picket fence in Mitchell School district. Large fireplaced living room graces the front of the home. The formal dining room has access to new mahogany deck and private backyard. Eat in kitchen offers ample cabinets as well as gas range and refrigerator. The first floor family room has builtins for books and toys and door to fenced side yard. 2nd floor boasts 4 generous sized bedrooms with good closet space. Finished basement is a great playroom as well as a separate office space. This is a home that you can grow into. Walk to commuter rail to Boston, as well as shops, cafes, Perry Park and all schools make this a top location. Side yard is perfect place to host a 4th of July party and watch the fireworks two blocks away at Memorial Field. A wonderful place to call home!
5 Melrose Ave, Needham, MA 02492 is a 4 bedroom, 2 bathroom, 2,022 sqft single-family home built in 1968. It last sold for $792,000 on Feb 12, 2015. It is currently off market. The Trulia Estimate is $1,378,300, with a rent estimate of $5,481/month.
Home Details for 5 Melrose Ave
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Interior Details BasementNumber of Rooms: 8 |
Heating & Cooling Heating: GasHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 2 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: Other |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1968Year Updated: 2000 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 7840 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 12, 2015 Source: N/A | Sold | $792,000 |
Dec 4, 2014 Source: Agent Provided | Listed For Sale | $825,000 |
Mar 16, 2008 Source: Agent Provided | ListingRemoved | $630,000 |
Mar 7, 2008 Source: Agent Provided | Listed For Sale | $630,000 |
Jul 9, 2003 Source: N/A | Sold | $515,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $11,771 | $1,110,500 |
Home facts updated by county records
Market trends in Needham
Last updated July 2026
Avg. sale price
$1.57M
$76.33KMoM
Sale-to-List Price
101.7%
0.5%MoM
Price per sq ft
$602
$9MoM
Available listings
82
25MoM
Around this home
What Locals Say about Needham
At least 138 Trulia users voted on each feature.
90 % Say it's dog friendly
88 % Say there are sidewalks
87 % Say parking is easy
83 % Say yards are well-kept
82 % Say people would walk alone at night
79 % Say car is needed
76 % Say there's holiday spirit
75 % Say kids play outside
70 % Say streets are well-lit
67 % Say it's quiet
65 % Say it's walkable to restaurants
63 % Say they plan to stay for at least 5 years
62 % Say neighbors are friendly
61 % Say there's wildlife
55 % Say there are community events
54 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5 Melrose Ave
- What is 5 Melrose Ave estimated to be worth?Trulia's estimated value for 5 Melrose Ave in Needham, MA is $1,378,300.
- What is the price history for 5 Melrose Ave?5 Melrose Ave in Needham, MA last sold for $792,000 in February 2015.
- Is Needham a buyer's or seller's market?Needham is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Needham?The median sale price in Needham is $1.57M. That is up $76.33K from the prior month.
- How big is the lot at 5 Melrose Ave?The lot at 5 Melrose Ave in Needham, MA is about 0.18 acres (7,840 sq ft).
- Does 5 Melrose Ave have a garage?Yes, 5 Melrose Ave in Needham, MA has a garage.

