Housing in Melville, NY
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$1,217,500
Median List Price
$960,000
Price Per Sq Ft
$445
Days on Market
26
Active Inventory
37
Months of Supply
4.6
Balanced market
Zillow Home Value
$870,753
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
99.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
9
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$445
Median List $/SF
$459
Melville vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Melville 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
$778,400
Median Rent
$3,501
Total Housing Units
7,519
Vacancy Rate
2.6%
Owner Occupied
87.5%
Renter Occupied
12.5%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,483
Housing Types
The current median sale price in Melville, NY is $1,217,500 according to Redfin data. Homes spend a median of 26 days on the market. 50.0% of homes sold above asking price. The market has 4.6 months of supply. The median price per square foot is $445. The median rent is $3,501 per month (Census ACS). About 87.5% of housing units are owner-occupied. The median year homes were built is 1985. There are 7,519 total housing units.