Melville, NY Housing Market

$915,241

0.2% 1-yr

The average Melville, NY home value is $915,241, up 0.2% over the past year. (Updated on 2/28/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Melville Key Takeaways

Typical Home Values: $915,241

1-Year Value Change: +0.2%

(Data through February 28, 2026)

Melville Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 48 (February 28, 2026)

New Listings: 11 (February 28, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $1,045,333 (February 28, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Melville

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Melville Homes for Sale

$1,050,000

2 bd3 ba1,941 sqft

418 Madeira Blvd

View Melville listings

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An equal housing lender. NMLS #10287.

Melville Rental Market Trends

Average Rent: --

National Average Rent: $1,895 (February 28, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.