Median home value in zip code 02176 (Melrose, MA) is $885K, up 2.6% year over year. Part of the Boston-Cambridge-Newton, MA-NH metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Boston-Cambridge-Newton, MA-NH metro →

Home Value$885,369

YoY Change

+2.6%

AFFORDABILITY

Enter your income for 02176 (Melrose).

Income (annual)

Down Payment

$177,074 on $885,369

Out of reach — 87.8% of income

Need $235,286/yr to afford.

PITI$5,490

P/I87.8%

Afford$282K

Gap-$603K

P&I $4,477Tax $863Ins $150

6.50% 30yr, 20% down, county tax + MA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

02176 is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Boston-Cambridge-Newton, MA-NH analysis

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