Melville, NY Housing Market
The Melville housing market is very competitive. The median sale price of a home in Melville was $735K last month, up 7.7% since last year. The median sale price per square foot in Melville is $407, up 7.4% since last year.
Melville Housing Market Trends
In April 2024, Melville home prices were up 7.7% compared to last year, selling for a median price of $735K. On average, homes in Melville sell after 15 days on the market compared to 23 days last year. There were 15 homes sold in April this year, up from 8 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Melville housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 16 days.
- Hot homescan sell for about 4% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 46 days.
- Hot homescan sell for about 3% above list price and go pending in around 20 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 23 days.
- Hot homescan sell for about 4% above list price and go pending in around 17 days.
Melville Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Melville from outside metros.
- Peoria homebuyers searched to move into Melville more than any other metro followed by Walla Walla and Lincoln.
- 69% of Melville homebuyers searched to stay within the Melville metropolitan area.
- Miami was the most popular destination among Melville homebuyers followed by Philadelphia and Washington.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 5 | ||
2 | 5 | ||
3 | 3 | ||
4 | 1 | ||
5 | 1 | ||
6 | 1 | ||
7 | 0 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 6,427 | ||
2 | 4,068 | ||
3 | 3,393 | ||
4 | 3,037 | ||
5 | 2,791 | ||
6 | 2,083 | ||
7 | 1,825 | ||
8 | 1,664 | ||
9 | 1,615 | ||
10 | 1,436 |
Home offer insights for Melville
Recent offers
View houses in Melville that sold recently
Recently sold homes
- $2,230,000 Last Sold Price6 beds5.5 baths5,600 sq ft2 Old Bridge Ct, Melville, NY 11747Listing by Signature Premier PropertiesList Price$2,220,000Sale to List0% over listDays on Market83 days2 Old Bridge Ct, Melville, NY 11747
- $1,875,000 Last Sold Price5 beds4.5 baths6,000 sq ft58 Farmington Ln, Melville, NY 11747Listing by BERKSHIRE HATHAWAYList Price$1,850,000Sale to List1% over listDays on Market125 days58 Farmington Ln, Melville, NY 11747
- $864,000 Last Sold Price3 beds2.5 baths—sq ft107 Northgate Cir #107, Melville, NY 11747Listing by Signature Premier PropertiesList Price$789,000Sale to List10% over listDays on Market105 days107 Northgate Cir #107, Melville, NY 11747
- $1,375,000 Last Sold Price3 beds2.5 baths—sq ft35 Farmington Ln, Melville, NY 11747Listing by Compass Greater NY LLCList Price$1,399,999Sale to List2% under listDays on Market104 days35 Farmington Ln, Melville, NY 11747
- $689,000 Last Sold Price3 beds1.5 baths—sq ft11 Scott Dr, Melville, NY 11747Listing by Douglas Elliman Real EstateList Price$699,000Sale to List1% under listDays on Market98 days11 Scott Dr, Melville, NY 11747
- $1,799,000 Last Sold Price4 beds3 baths—sq ft33 Louis Dr, Melville, NY 11747Listing by Daniel Gale Sothebys Intl RltyList Price$1,799,000Sale to List0% over listDays on Market79 days33 Louis Dr, Melville, NY 11747
- $1,325,000 Last Sold Price2 beds2 baths2,525 sq ft179 Altessa Blvd #179, Melville, NY 11747Listing by Realty Connect USA LLCList Price$1,320,000Sale to List0% over listDays on Market82 days179 Altessa Blvd #179, Melville, NY 11747
- $962,000 Last Sold Price3 beds2.5 baths—sq ft32 Apricot Ct Unit -, Melville, NY 11747Listing by Howard Hanna CoachList Price$899,000Sale to List7% over listDays on Market50 days32 Apricot Ct Unit -, Melville, NY 11747
See all recently sold homes in Melville.
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Schools in Melville
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Sunquam Elementary School Public • K-5 | 522 Students | 7 reviews |
3/10 Birchwood Intermediate School Public • 3-5 | 599 Students | 6 reviews |
Climate's impact on Melville housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Melville.
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Fire Factor - Moderate
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Wind likelihood over time
Heat Factor - Major
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Transportation in Melville
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