Melrose Housing Market Trends

Market Overview for Q4 2025

$460K -% Y-o-Y - Y-o-Y
$417 -% Y-o-Y - Y-o-Y
5 -% Y-o-Y - Y-o-Y
$1.2M 0% Y-o-Y $1M Y-o-Y
Melrose Median Sale Price
Year Q1 Q2 Q3 Q4
2021 $600,000 $717,500 $440,000 $750,000
2022 0 0 $366,500 $870,000
2023 0 $430,000 $392,500 0
2024 0 0 $730,000 0
2025 $385,000 $406,000 $677,500 $460,000
Melrose Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2021 $203 $330 $364 $321
2022 0 0 $402 $362
2023 0 $337 $423 0
2024 0 0 $157 0
2025 $415 $428 $416 $417
Real Estate Transactions in Melrose
Year Q1 Q2 Q3 Q4
2021 1 2 1 4
2022 0 0 2 1
2023 0 3 2 0
2024 0 0 1 0
2025 1 1 2 5
Bronx Median Sale Price
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $781,000 $790,000 $780,000 $750,000
2023 $739,500 $770,000 $770,000 $750,000
2024 $750,000 $800,000 $800,000 $790,000
2025 $802,995 $830,000
Melrose Median Sale Price
Year Q1 Q2 Q3 Q4
2021 $600,000 $717,500 $440,000 $750,000
2022 0 0 $366,500 $870,000
2023 0 $430,000 $392,500 0
2024 0 0 $730,000 0
2025 $385,000 $406,000 $677,500 $460,000
Melrose Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2021 $203 $330 $364 $321
2022 0 0 $402 $362
2023 0 $337 $423 0
2024 0 0 $157 0
2025 $415 $428 $416 $417
Real Estate Transactions in Melrose
Year Q1 Q2 Q3 Q4
2021 1 2 1 4
2022 0 0 2 1
2023 0 3 2 0
2024 0 0 1 0
2025 1 1 2 5
Bronx Median Sale Price
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $781,000 $790,000 $780,000 $750,000
2023 $739,500 $770,000 $770,000 $750,000
2024 $750,000 $800,000 $800,000 $790,000
2025 $802,995 $830,000 $840,000 $825,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$410K
-
$417
-
3
Houses
$750K
-
$418
-
2

Melrose Housing Stock

Property Type
Units
Single Family
9
2-4 Family
293
Condo
110
Co-op
15
Other
23

Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.

Neighborhood Risk Trends

Properties in this neighborhood are not designated as at risk from fire, flood or hurricane activity.

Melrose: Demographics

Total population
14,870
Median age
34
No high school education
12.1%
Some high school/college
41.2%
Bachelor's degree
13.1%
Average household income
$60,132
Occupied housing units
6,277
Owner-occupied units
12.6%
Renter-occupied units
87.4%
Median year structure built
1966

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Median Sale Price

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Median Sale Price Q2 2026