Updated May 2026 · Redfin · 3-month window
02176 Real Estate Market Update: Melrose, MA, May 2026
The latest housing-market numbers for ZIP code 02176 in Melrose, Massachusetts, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $912K | ▲ +0.7% | ▲ +8.2% |
| Days on market | 15 | ▼ -25.0% | ▲ +15.4% |
| Homes for sale | 45 | ▲ +36.4% | ▲ +18.4% |
| Sale-to-list | 107.4% | ▲ +2.6% | ▼ -0.8% |
| Homes sold | 60 | ▲ +15.4% | ▼ -11.8% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 02176 numbers say
Prices in Melrose's 02176 ZIP are still climbing. The median sale price reached $911,500, up 8.2% year over year. Homes here move fast: a typical listing goes under contract in about 15 days, and sellers are getting 107.4% of list price.
Based on 60 recent sales, 02176 is currently an active market.
What this means if you sell in 02176
Use these figures to set expectations early. Lead a listing appointment with the median price and the 15-day pace, show the year-over-year direction, and frame 02176 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Melrose post →Frequently asked: the 02176 housing market
- What is the median home price in ZIP 02176 (Melrose, MA)?
- As of May 2026, the median sale price in ZIP 02176 is $911,500 (+8.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 02176 a buyer's or seller's market right now?
- ZIP 02176 is currently an active market, based on a 107.4% sale-to-list ratio, about 15 days on market for May 2026.
- How long do homes take to sell in ZIP 02176?
- A typical listing in 02176 goes under contract in about 15 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 02176 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.