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Melrose vs Wakefield, MA — June 2026

A side-by-side comparison of Melrose and Wakefield, Massachusetts — home prices, property taxes, schools, and market conditions.

Updated June 2026 · Live MLS data
More Affordable
Melrose
Lower Property Tax
Melrose
Faster Market
Melrose
Higher-Rated Schools
Melrose

Melrose vs Wakefield: How They Compare

MetricMelroseWakefield
Median List Price$720K$750K
Price / Sq Ft$493$487
Active Listings9072
Avg. Days on Market5575
Market TypeBalancedBalanced
Property Tax ($/$1k)$9.90$11.35
School District GradeAA-

Comparing Melrose and Wakefield, Massachusetts: Melrose has a median list price of $720K, while Wakefield is around $750K. Melrose is the more affordable of the two.

On property taxes, Melrose charges $9.90 per $1,000 versus Wakefield at $11.35, so Melrose has the lower rate. Schools: Melrose's district is graded A and Wakefield's is A-. Melrose is currently a balanced market and Wakefield a balanced market.

Both figures come from live MLS data. Browse current listings in Melrose or Wakefield to compare homes side by side.

Browse homes for sale in Melrose → See every active listing with photos, pricing, and full details.

Frequently Asked Questions

Is Melrose or Wakefield more affordable?

Melrose is more affordable, with a median list price of $720K versus $750K in Wakefield.

Which has lower property taxes, Melrose or Wakefield?

Melrose has the lower residential property tax rate: $9.90 per $1,000 versus $11.35 in Wakefield.

Which has better schools, Melrose or Wakefield?

Melrose's school district is graded A and Wakefield's is A-.

Market figures are derived from live MLS data and are provided for informational purposes only. They are not an appraisal or a guarantee of value. Last updated June 2026.