Melrose city: Median Home Value Trend
How Melrose city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$463,300
2023
$796,100
Total change
+$332,800
% change
+71.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $463,300 | — |
| 2019 | $570,300 | +$107,000 (23.1%) |
| 2020 | $599,600 | +$29,300 (5.1%) |
| 2021 | $638,800 | +$39,200 (6.5%) |
| 2022 | $732,300 | +$93,500 (14.6%) |
| 2023 | $796,100 | +$63,800 (8.7%) |