Melville, NY Home Values & Market Trends
Real estate market trends reflect that there have been 266 transactions over the past year in Melville. The median value for residential home transactions that occurred over the previous year is $999,000. The number of current listings in Melville is 282, and the percentage of properties for sale in the city is 282.00%. Melville, NY currently has 57 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 282 properties for sale.
Melville, NY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 11747 | $ 999,000 $ 467/sqft |
Housing Market Summary for Melville, NY
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $939K | $950K | 1.17% |
| Median Sold Price | $854.4K | $959.7K | 12.33% |
| Homes For Sale | 208 | 281 | 35.10% |
| Homes Sold | 120 | 119 | -0.83% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Melville, NY
Browse Homes in Melville, NY
Melville home values range from $241,479 to $6,442,706. The median estimated value of a home in Melville is $999,000. The median list price of a home is 950,000, and the total count of properties in the city is 514.
- Pre-ForeclosurePre-foreclosure homes account for 11.09% of all residential properties in Melville, NY with 11747 containing 57 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Melville, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $3,071,114 in 11747 to the lowest home value of $369,609 in 11747.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Melville, NY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Melville, NY. There is 1 zips within Melville, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Melville, NY. Auction homes and other auction properties account for 0% of all properties in Melville, NY. There is 1 zips within Melville, NY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Melville, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
