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Melville, NY Real Estate & Property Data

Melville Real Estate Market Trends

Last Updated: April 26, 2024

Accurate and comprehensive real estate data is critical for insight into Melville, NY. ATTOM’s Melville real estate data is updated daily, and current market trends show that in Melville, NY a total of 449 residential properties have sold over the past year. With a median home price of $827,500 in Melville and a total of 2 foreclosures. Get detailed property data for Melville, NY instantly. ATTOM is your one-stop-shop for the Melville property reports and real estate data you need in Melville, NY.

Melville Real Estate Market Trends

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Total Residential Properties 6,897

Total Commercial Properties 252

Avg. Home Age (Single Family Home) 48 Years

Avg. Square Feet (Single Family Home) 2,227

Total 2024 Residential Sales (year-to-date) 67

% of Homes Seriously Underwater (Q2 2024) 0.31%

Total 2023 Residential Sales 410

% of Equity Rich Homes (Q2 2024) 39.59%

Effective 2023 Property Tax 0.22%

Total Foreclosure Filings (year-to-date) 3

Melville, NY Real Estate Overview

There were 449 residential properties sold in the past year in Melville, NY. The median home value in Melville, NY is $808,000. There are a total of 6,897 residential properties in the Melville.

Median Sales Price i

$827,500

(Feb 2024)

-12.9%

year-over-year

y-o-y

February '24 Feb '24 $827,500
January '24 Jan '24 $860,000
December '23 Dec '23 $750,000
November '23 Nov '23 $760,000
October '23 Oct '23 $997,500
September '23 Sep '23 $1,005,000
August '23 Aug '23 $1,081,000
July '23 Jul '23 $903,750
June '23 Jun '23 $640,000
May '23 May '23 $675,000
April '23 Apr '23 $1,000,000
March '23 Mar '23 $690,000

Median Down Payment i

$231,500

(Feb 2024)

+6.2%

year-over-year

y-o-y

February '24 Feb '24 $231,500
January '24 Jan '24 $260,390
December '23 Dec '23 $193,500
November '23 Nov '23 $137,375
October '23 Oct '23 $233,000
September '23 Sep '23 $171,500
August '23 Aug '23 $270,000
July '23 Jul '23 $203,500
June '23 Jun '23 $144,875
May '23 May '23 $78,240
April '23 Apr '23 $400,000
March '23 Mar '23 $237,500

Number of Homes Sold i

37

(Feb 2024)

+8.8%

year-over-year

y-o-y

February '24 Feb '24 37
January '24 Jan '24 30
December '23 Dec '23 15
November '23 Nov '23 35
October '23 Oct '23 25
September '23 Sep '23 42
August '23 Aug '23 45
July '23 Jul '23 24
June '23 Jun '23 39
May '23 May '23 42
April '23 Apr '23 39
March '23 Mar '23 42

Number of Purchase Loans i

9

(Feb 2024)

-10%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 8
December '23 Dec '23 5
November '23 Nov '23 10
October '23 Oct '23 7
September '23 Sep '23 14
August '23 Aug '23 18
July '23 Jul '23 6
June '23 Jun '23 13
May '23 May '23 10
April '23 Apr '23 6
March '23 Mar '23 15

Number of REFI Loans i

5

(Feb 2024)

-54.5%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 6
December '23 Dec '23 8
November '23 Nov '23 7
October '23 Oct '23 6
September '23 Sep '23 7
August '23 Aug '23 7
July '23 Jul '23 6
June '23 Jun '23 11
May '23 May '23 9
April '23 Apr '23 9
March '23 Mar '23 10

Number of HELOC Loans i

3

(Feb 2024)

-85.7%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 7
November '23 Nov '23 6
October '23 Oct '23 4
September '23 Sep '23 8
August '23 Aug '23 2
July '23 Jul '23 3
June '23 Jun '23 4
May '23 May '23 1
April '23 Apr '23 6
March '23 Mar '23 20

Melville, NY Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

11747
$808,000 $362.88/sqft

Melville, NY Foreclosure Activity

There were a total of 2 Melville, NY properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 7
May '23 May '23 3
April '23 Apr '23 3
March '23 Mar '23 1

Foreclosure Starts i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 6
May '23 May '23 3
April '23 Apr '23 1
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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