Melrose · Home valuation
What is your Melrose home worth?
A typical Melrose home carries an assessed value of about $799K as of mid-2026, based on municipal records across 8,778 residential parcels — but assessments lag the market, and no algorithm has walked your home. A comparative market analysis, built from recent nearby sales, is delivered within 24 hours.
Free home valuation
Your Melrose number, in 24 hours.
Built from comparable sales, not an algorithm. No obligation — and an honest read on what would move the number up.
Prefer to talk? (774) 341-4540
What drives Melrose values
Melrose turns over about 4.5% of its 8,778 residential parcels in a typical year — roughly 395 sales, per public transaction records. 33% of owners have held 15+ years and 7% of parcels are absentee-owned as of mid-2026, so much of what lists arrives after decades of ownership — exactly the homes where an assessment (median $799K, average $847K) tells you least about today's sale price, and a comparable-sales analysis tells you most.
How it works
Three steps to a real number.
Tell us about the property
Address, condition, and anything a drive-by wouldn’t show — renovations, additions, the things that change the number.
We build the analysis
Recent comparable Melrose sales near you — not town-wide averages — adjusted for your street, lot, condition, and timing.
You get the number in 24 hours
A written valuation with the comparables behind it, and an honest read on what would move it up — no obligation, no pressure.
Questions
Melrose home values, answered.
How much is my house worth in Melrose, MA?
Melrose's mid-2026 assessment roll shows a median residential value of $799K across 8,778 parcels — but your home isn't the median. Assessments lag the market, and the spread between Melrose's median ($799K) and average ($847K) values shows how much individual properties diverge. A comparative market analysis of recent nearby sales is the only reliable way to price a specific home.
Why is a CMA more accurate than an online estimate?
Online estimates are models built on tax records and broad averages — they haven't seen your kitchen, your lot, or your street. A comparative market analysis starts from actual recent sales of comparable Melrose homes and adjusts for what makes yours different. That's also the number a serious buyer's agent will be working from.
What does the valuation cost?
Nothing. It's a complimentary, no-obligation analysis delivered within 24 hours. If you decide to sell your Melrose home, you'll already have the pricing conversation done; if you don't, you'll know what you're sitting on.
Do assessed values equal market value in Melrose?
No. Municipal assessments are set for tax purposes and typically trail the open market by a year or more. In a market with roughly 400 sales a year, Melrose pricing moves faster than assessment cycles — which is why we anchor on recent closed sales instead.