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Melrose Real Estate Market Facts

  • $196,733Median home price
    31% lower than Albany
  • $958Median rent asked
    14% lower than Albany
  • 44.6%Home owners
    17% lower than Albany
  • 2.0People per home
    25% lower than Albany

Melrose Home Affordability

  • $196,733Median home price
    31% lower than Albany
  • $50,322Median home income
    14% lower than Albany
  • 3.9xHome price to income ratio
    19% lower than Albany

Melrose Affordability Calculator

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Melrose Mortgage Calculator

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Melrose Demographics

  • 2,147Population
  • 2,146People / sq mile
  • 37.9Median age
  • 0.8:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Schenectady, NY66,055$116,70034%
Green Island, NY2,612$123,60030%
Watervliet, NY10,250$134,50023%
Troy, NY49,965$142,90019%
Ravena, NY3,275$146,10017%
Albany, NY98,287$173,5001%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Sandy Springs, GA98,480$419,100139%
College Station, TX98,505$180,1003%
Roanoke, VA97,949$135,60023%
Lawton, OK97,788$105,30040%
Clovis, CA98,815$247,40041%
Albany, NY98,287$173,5001%
Source: The Melrose, Albany, NY housing data displayed above is derived from the United States Census Bureau.