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Melrose Real Estate Market Facts

  • $199,433Median home price
    30% lower than Albany
  • $944Median rent asked
    19% lower than Albany
  • 50.0%Home owners
    7% lower than Albany
  • 2.2People per home
    18% lower than Albany

Melrose Home Affordability

  • $199,433Median home price
    30% lower than Albany
  • $67,962Median home income
    12% higher than Albany
  • 2.9xHome price to income ratio
    38% lower than Albany

Melrose Affordability Calculator

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Melrose Demographics

  • 2,295Population
  • 2,294People / sq mile
  • 35.5Median age
  • 0.8:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Schenectady, NY65,554$112,90039%
Green Island, NY2,613$118,20036%
Rensselaer, NY9,435$129,80030%
Scotia, NY7,732$137,40026%
Watervliet, NY10,207$139,00025%
Albany, NY98,425$172,7006%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Renton, WA98,499$313,50070%
Vista, CA98,560$392,700113%
San Angelo, TX98,694$112,80039%
Davie, FL98,717$225,50022%
Flint, MI98,918$30,00084%
Albany, NY98,425$172,7006%
Source: The Melrose, Albany, NY housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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