Housing in Melrose Park, NY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$251,000

Median List Price

N/A

Price Per Sq Ft

$123

Days on Market

104

Active Inventory

2

Months of Supply

1.0

Seller's market

Price Trends

Source: Redfin
Sale Price 8.7%List Price 25.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

93.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
50.0%

Market Activity

Source: Redfin

Homes Sold

2

Pending Sales

2

Homes Sold 0.0%New Listings 66.7%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$123

Sale $/SF 32.8%List $/SF 67.6%Mar 24Jan 26

Melrose Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Melrose Park is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$203,200

Median Rent

$1,488

Total Housing Units

894

Vacancy Rate

1.0%

Owner Occupied

95.8%

Renter Occupied

4.2%

Median Property Tax

$5,478

per year

Monthly Cost (w/ Mortgage)

$1,277

Housing Types

Single Family
95.9%
Multi-Family
4.1%
Mobile Home
0.0%

The current median sale price in Melrose Park, NY is $251,000 according to Redfin data. Homes spend a median of 104 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $123. The median rent is $1,488 per month (Census ACS). About 95.8% of housing units are owner-occupied. The median year homes were built is 1958. There are 894 total housing units.