Melville, NY
Housing market overview · Updated weekly
$600,000median sale price
Homes sold
3
Last 12 weeks
Days on market
216
Average pace
Active listings
31
10.3 months supply
Sale-to-list
95.1%
Below asking
The Melville housing market is currently classified as a buyer's market with a median sale price of $600,000. Prices have fallen 38.1% compared to last year, with homes spending an average of 216 days on market, indicating 10.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Melville
There are currently 31 homes listed for sale in Melville, New York. The median listing price is $825K.
Active listings
31
Homes on market
Median list price
$825K
Avg. days on market
216
Days until sale
New this week
14
Newly listed
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Frequently asked questions
What is the average home price in Melville?
The median home sale price in Melville is $600,000, down 38.1% from last year.
How long do homes stay on market in Melville?
Homes typically spend 216 days on market before going under contract.
Is Melville a buyer's or seller's market?
With 10.3 months of supply, Melville is currently a buyer's market.
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