How much do condos cost at 51 Melrose St?

In the past 12 months, 5 condos sold at 51 Melrose St (51 Melrose St, Melrose) for a typical $575,000, or $467 per square foot. Sales ranged from $345,000 to $595,000.

How fast do condos sell at 51 Melrose St?

Units that sold in the past 12 months took a typical 71 days to get an accepted offer, and 20% sold for their first asking price or more. In Melrose overall, it took 9 days.

What are the condo fees at 51 Melrose St?

The typical monthly condo fee at 51 Melrose St is $623, about $0.51 per square foot a month, based on the fees filed with its listings.

How many condos are for sale at 51 Melrose St right now?

1 unit is for sale, asking from $559,900 to $559,900.

What does it cost to rent at 51 Melrose St?

3 units rented in the past 12 months, for a typical $2,200 a month. 1 bedroom: $2,200.

When was 51 Melrose St built, and how many units does it have?

51 Melrose St was built in 1972 and has 164 units, with homes up to the 5th floor, according to its listings.

Building report · Melrose

51 Melrose St

Melrose, MA 02176

5 condos sold at 51 Melrose St in the past 12 months, for a typical $575K, or $467 a square foot. Right now, 1 is for sale.

1972 built
164 units
5 floors with homes
#173 in Greater Boston by condo sales

Unit 5F, for sale at $559,900. Listed by John Bulman, Brad Hutchinson Real Estate. MLS #73569094.

$575K: typical sale price, past 12 months
$467: per square foot
71 days: typical time to an accepted offer
20%: sold for asking or more
1: for sale now
$623: typical monthly condo fee

51 Melrose St sells close to the Melrose norm

Condo sales in the past 12 months: this building against all 66 condo sales in Melrose.

Melrose 51 Melrose St

Price per sq ft ($)472467 −1%
Days to an accepted offer971 +689%

Source: Verified market data; analysis by the Observer Markets Desk.

Show the numbers

	51 Melrose St	Melrose
Typical price per sq ft	$467	$472
Typical days to an accepted offer	71	9
Sold for asking or more	20%	59%

For sale now1 unit, 0.6% of the building

$559,900Cut $30K
Unit 5F, floor 5
2 bed · 2 bath · 1,236 sq ft
$453/sq ft · 74 days listed · $623/mo fee
Active · Condo · MLS #73569094
51 Melrose St #5F, Melrose, MA
Listed by John Bulman, Brad Hutchinson Real Estate

Buy or rent here?

Typical sale price and monthly rent by size, past 12 months. “Rent as % of price” is a year's rent divided by the price: the higher it is, the more renting here costs compared with buying.

Size	Sale price	Monthly rent	Rent as % of price
1 bedroom	$381K (2)	$2,200 (3)	6.9%
2 bedrooms	$579K (3)	–	–

What soldPast 12 months, newest first

Closed	Unit	Size	Price	$/sq ft	vs. first ask
Sep 15	Unit 2DMLS #73513735 · Coldwell Banker Realty - Andovers/Readings Regional	2 bed, 1,230 sq ft	$575,000	$467	−1.7%
Sep 10	Unit 1AMLS #73476247 · Curzi Realty Group LLC	1 bed, 818 sq ft	$345,000	$422	−13.7%
Jul 14	Unit 4DMLS #73507275 · Flow Realty, Inc.	2 bed, 1,230 sq ft	$579,000	$471	+0.0%
Jun 30	Unit 1CMLS #73449223 · Brad Hutchinson Real Estate	1 bed, 909 sq ft	$417,000	$459	−4.1%
Feb 25	Unit 4DMLS #73468696 · Coldwell Banker Realty - Newton	2 bed, 1,230 sq ft	$595,000	$484	−0.7%

Where it isWith nearby buildings we track

340 Main St8 sales, typical $235K, $609/sq ft · 1.5 km away

Questions people ask

How much do condos cost at 51 Melrose St?: In the past 12 months, 5 condos sold at 51 Melrose St (51 Melrose St, Melrose) for a typical $575,000, or $467 per square foot. Sales ranged from $345,000 to $595,000.
How fast do condos sell at 51 Melrose St?: Units that sold in the past 12 months took a typical 71 days to get an accepted offer, and 20% sold for their first asking price or more. In Melrose overall, it took 9 days.
What are the condo fees at 51 Melrose St?: The typical monthly condo fee at 51 Melrose St is $623, about $0.51 per square foot a month, based on the fees filed with its listings.
How many condos are for sale at 51 Melrose St right now?: 1 unit is for sale, asking from $559,900 to $559,900.
What does it cost to rent at 51 Melrose St?: 3 units rented in the past 12 months, for a typical $2,200 a month. 1 bedroom: $2,200.
When was 51 Melrose St built, and how many units does it have?: 51 Melrose St was built in 1972 and has 164 units, with homes up to the 5th floor, according to its listings.

About these numbers

Every figure on this page comes from verified market data for 51 Melrose St, Melrose, refreshed November 8, 2026, and updates every morning. “Typical” means the median. Price per square foot uses the living area filed with each listing. Condo fees are monthly. Sales history in our data starts in late 2025.

Cite as: “51 Melrose St building report,” Boston Real Estate Observer, https://bostonrealestateobserver.com/buildings/melrose/51-melrose-st/ (data as of November 8, 2026).

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Figures refresh every morning. This page was last updated November 8, 2026.