A+
8%
Med. Home Val. NAT. AVG.
12%
Rent NAT. AVG.
47%
Owner Occ. NAT. AVG.

Melrose Park Housing Information

IndexMelrose ParkNew YorkNational
Median home price$300,715$503,498$326,622
Median rent asked$1,614$1,761$1,444
Avg. people per household2.42.62.6
Owner occupied households93.5%53.6%63.6%
Renter occupied households6.5%46.4%36.4%

Melrose Park Housing Market

Monthly market trends

Hover or tap the chart for a month. Focus it and use the arrow keys to move between months.

Housing Quick Facts

  • The median home price in Melrose Park is 8% lower than the national average.
  • The median rent asked in Melrose Park is 12% higher than the national average.
  • The average number of people per household in Melrose Park is 7% lower than the national average.
  • The number of owner occupied households in Melrose Park is 47% higher than the national average.
  • The number of renter occupied households in Melrose Park is 82% lower than the national average.

Most Affordable Places to Live in and Around Melrose Park

See all the best places to live around Melrose Park

Compare Melrose Park, NY Housing

City Image
    City Default Image
      vs
      How would you rate real estate in Melrose Park?
      Write a review to give others more information about this area.
      How would you rate rentals in Melrose Park?
      Write a review to give others more information about this area.
      See all Melrose Park poll results

      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Savannah, NY561$113,81465%
      Port Byron, NY1,066$166,26649%
      Seneca Falls, NY6,507$173,85947%
      Seneca Knolls, NY1,794$175,49846%
      Auburn, NY27,187$195,65840%
      Melrose Park, NY2,319$300,7158%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Corralitos, CA2,319$2,145,300557%
      Buchanan, NY2,319$683,343109%
      Ahwahnee, CA2,319$613,60788%
      Snow Hill, NC2,319$167,84849%
      Demorest, GA2,318$204,25437%
      Melrose Park, NY2,319$300,7158%
      Source: The Melrose Park, NY housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.