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2025 Compare Cities Housing:
Melrose, MA vs Buffalo Grove, IL

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Highlights
- The median age of a home in Melrose is 36.1% older than the median age of a home in Buffalo Grove.
 Melrose, MABuffalo Grove, ILUnited States
 Median Home Age61  Unlock42
 Median Home Cost  Unlock$334,600$338,100
 Home Appr. Last 12 months10.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock31.8%57.0%
 Home Appr. Last 10 yrs.104.4%  Unlock101.1%
 Property Tax Rate  Unlock$28.7$11.0
 Homes Owned65.0%  Unlock57.4%
 Housing Vacant  Unlock3.1%11.2%
 Homes Rented32.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Melrose, MABuffalo Grove, ILUnited States
 Average Rent  Unlock$2,600$1,840
 Studio Apartment$1,880  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,810$1,180
 2 Bedroom Home or Apartment$2,490  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,640$1,860
 4 Bedroom Home or Apartment$3,340  Unlock$2,160
 space1
 Vacant Housing
 Melrose, MABuffalo Grove, ILUnited States
 Vacant For Rent  Unlock0.7%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.2%3.6%
 Vacant Other1.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Melrose, MABuffalo Grove, ILUnited States
 Less Than $20,000  Unlock0.5%2.6%
 $20,000 to $39,9990.2%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.9%  Unlock3.9%
 $80,000 to $99,999  Unlock1.4%4.5%
 $100,000 to $149,9990.5%  Unlock11.3%
 $150,000 to $199,999  Unlock7.1%13.0%
 $200,000 to $299,9993.3%  Unlock20.1%
 $300,000 to $399,999  Unlock29.5%13.6%
 $400,000 to $499,99911.8%  Unlock8.3%
 $500,000 to $749,999  Unlock13.7%9.7%
 $750,000 to $999,99923.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.3%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Melrose, MABuffalo Grove, ILUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock3.6%13.6%
 2000 to 20095.5%  Unlock13.6%
 1990 to 1999  Unlock19.7%13.6%
 1980 to 19893.4%  Unlock13.2%
 1970 to 1979  Unlock26.7%14.8%
 1960 to 19691.8%  Unlock13.6%
 1950 to 1959  Unlock3.3%10.0%
 1940 to 19496.0%  Unlock4.7%
 1939 or Earlier  Unlock1.2%12.2%
Transportation
Reviews for Melrose    1 Reviews
Roy · Framingham, MA
great community
Over 12 years ago

Melrose is located a mere 7 miles from Boston and is only one of four cities in MA without a major road traversing, there are three commuter rail stops. It's filled  More

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Reviews for Buffalo Grove    7 Reviews
Linda · Buffalo Grove, IL
Outdoor recreation
Over 11 years ago

Numerous forest preserve areas with walking paths and places to play sports (baseball, soccer, football). Close driving distance to Lake Michigan and several  More

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jun · Buffalo Grove, IL
nice town to raise a family
Over 12 years ago

nice town to raise a  More

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Bp · Buffalo Grove, IL
Bison country
Over 17 years ago

No place is perfect however BG is at or near the top especially in schooling and crime prevention. Numerous parks and biking paths. A great place to raise a family safe  More

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Learn More About Melrose, Massachusetts
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