Key metrics and insights for homebuyers and sellers evaluating Melville, Suffolk, NY 11747.
Median Single-Family Price
$999,000
+19% YoY
Median Recorded Property Tax
$15,600
Annual
Walk Score
8
out of 100
Commute
57 min
to Manhattan
Monthly Charges
Condo
$507
common charges
How Do Monthly Charges Scale With Price in Melville?
Condos: among live listings asking under $750K, median monthly common charges runs about $287 (7 listings). At $750K and above, the median climbs to $530 (5 listings).
Live MLS listing data for Melville; medians refresh as inventory changes. Every building sets its own charges — confirm the specific building before you offer.
Community Details
County
Suffolk
ZIP Code
11747
School District
Half Hollow Hills Central School District
Market Type
Seller's Market
Median Days on Market
30 days
Walk Score
8/100
How far is Melville from New York City by train?
From Huntington Station on the LIRR Port Jefferson Branch, scheduled weekday AM-peak service takes about 57 minutes to Penn Station, 59 minutes to Grand Central Madison, 60 minutes to Atlantic Terminal in Brooklyn (MTA LIRR timetable data).
Is Melville walkable?
Melville has a Walk Score of 8 out of 100, which Walk Score rates "Car-Dependent".
Commuting from Melville — LIRR
Nearby Long Island Rail Road stations and typical weekday AM-peak travel times to the Manhattan and Brooklyn terminals. Many Melville residents use whichever station best fits their branch and schedule.
Huntington Station · Port Jefferson Branch Primary station
New York Ave & Broadway, Huntington Station, NY 11746
To Penn Station
57 min
To Grand Central
59 min
To Atlantic Terminal
60 min
Hicksville Station · Port Jefferson Branch Also nearby
Newbridge Rd And W Barclay St, Hicksville, NY 11801
To Penn Station
41 min
To Grand Central
42 min
To Atlantic Terminal
44 min
AM-peak travel times on scheduled LIRR service to Penn Station, Grand Central Madison, and Atlantic Terminal (Brooklyn). Based on MTA LIRR public timetable data.
What Is Your Melville, NY Home Worth?
Get a strategic market analysis — not an algorithm. A real evaluation from a licensed attorney and Associate Real Estate Broker serving Suffolk.
Single-family, condo and co-op homes are measured separately — these medians are never blended together.
Based on 202 recorded closings in ZIP 11747 between Sep 10, 2025 and Sep 10, 2026 — a settled trailing twelve months,
ending about a month back so late-recorded closings are counted rather than missed.
Days on market are medians, not averages. A property type with fewer than 8 closed sales in that window is left out rather than published on a sample too thin to mean anything.
Coops & Condos in Melville · ZIP 11747
Condos →$725K median ask · 23 days · 13 active$725K · 23d · 13 activeSeller's Market
Each segment is measured on its own inventory and sales pace — a segment's condition can differ from the overall market reading above.
The Trend
Over the past 2 years, 11747 has strengthened — the median sale price has risen roughly 10% year over year to around $1.06M, and homes have generally been selling faster. That combination points to conditions favoring sellers — and if it continues, further firming is possible. Alongside that firming trend, note that the roughly $946K blended median combines very different property types, so it may not describe any single one: of 396 recent sales, single-family made up the largest share at about 62% with the highest median near $993K, condos about 38% near $816K. Because condos, though not the most common, is priced far enough from the rest to pull the blend down, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $993K, roughly $47K over the headline number. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.
Coops & Condos: A Different Trend
Houses, coops, and condos do not move together here -- each segment below is measured on its own closed sales, so the direction (and what it means for you) can differ from the blended market above.
Condos in Melville
Seller's Market
Over the past 2 years, the Melville condo market has resisted a single storyline: the median sale price has bounced between $601K and $1.39M, the kind of swing that typically reflects a thin or mixed market. The latest months have brought some easing, though prices still sit above their earlier levels in the period. The typical recent sale has taken about 35 days to go under contract.
Sellers: Demand supports a stronger ask -- but keep it appraisal-ready, and expect buyers to compare your carrying costs against nearby buildings.
Buyers: Expect competition. A fully underwritten pre-approval and flexibility on timing are what separate winning condo offers here.
Based on information from OneKey® MLS, for the period October 7, 2025 through October 2, 2026. Source: OneKey MLS (recorded LI sales, trailing 12mo) + actual tax. Based on 322 recorded sales. Property tax values shown are algorithmic estimates calculated from official NY State ORPS / NYC Department of Finance assessment data aggregated by school district (Long Island) or ZIP code (NYC). These figures are an educational baseline and do not represent a guaranteed or binding tax bill. Actual taxes vary based on individual assessed value, applicable exemptions (STAR, Senior, Veteran), historical grievances, village overlays, and special district levies. Verify exact tax with the Nassau County Assessor / Suffolk County Comptroller / NYC Department of Finance before any financial commitment.
What investors paid, and what they resold for
Median purchase and resale price by yearBought forResold forShare of all local purchases made by companies
Across 8 years of county-clerk records, 221 homes in the Half Hollow Hills school district were bought by a company and resold within two years. Over the whole period the typical one was bought for $485,000 and resold for $750,000, a median of 9.0 months later.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +5.3%, so most of the difference is not the market carrying the house.
What these homes resold for moved from a median of $485,000 in 2017 to $945,000 in 2024, up about 95% over the period.
The pandemic years cut against the intuition that investors moved in. Companies bought 10.4% of homes here in 2019, then 7.2% in 2020 and 6.7% in 2021 — the lowest share of the 8 years. In the two years when buyers competed hardest, companies won a smaller share, not a larger one. The number bought and resold within two years fell with it, from 27 in 2019 to 24 in 2021.
Since then it has reversed. Company buying reached 12.8% in 2024, the highest of the period — above its pre-pandemic level, while the market cooled.
In 2025, 21 homes in the Half Hollow Hills school district were resold by a company that had bought them within the previous two years. They were bought for a median of $840,000 and resold for a median of $998,500. Measured house by house, the typical resale was 47% above what that same buyer had paid, a median of 9.0 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +3.8%, so most of the difference is not the market carrying the house. 5% resold for less than they paid.
Companies bought 12.2% of the 458 homes sold in the Half Hollow Hills school district that year (56 of them).
2025 is not a complete year here. Filings reach the state months after closing, so 2025 runs only to October and its totals will keep rising. Its counts are not comparable with a full year; its medians are.
In 2024, 20 homes in the Half Hollow Hills school district were resold by a company that had bought them within the previous two years. They were bought for a median of $775,000 and resold for a median of $945,000. Measured house by house, the typical resale was 24% above what that same buyer had paid, a median of 9.0 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +6.5%, so most of the difference is not the market carrying the house. 20% resold for less than they paid.
Companies bought 12.8% of the 549 homes sold in the Half Hollow Hills school district that year (70 of them).
In 2023, 30 homes in the Half Hollow Hills school district were resold by a company that had bought them within the previous two years. They were bought for a median of $600,000 and resold for a median of $850,000. Measured house by house, the typical resale was 56% above what that same buyer had paid, a median of 6.9 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +5.3%, so most of the difference is not the market carrying the house.
Companies bought 9.8% of the 615 homes sold in the Half Hollow Hills school district that year (60 of them).
In 2022, 21 homes in the Half Hollow Hills school district were resold by a company that had bought them within the previous two years. They were bought for a median of $433,000 and resold for a median of $750,000. Measured house by house, the typical resale was 70% above what that same buyer had paid, a median of 9.4 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +6.3%, so most of the difference is not the market carrying the house.
Companies bought 7.4% of the 646 homes sold in the Half Hollow Hills school district that year (48 of them).
In 2021, 24 homes in the Half Hollow Hills school district were resold by a company that had bought them within the previous two years. They were bought for a median of $460,000 and resold for a median of $664,000. Measured house by house, the typical resale was 75% above what that same buyer had paid, a median of 8.3 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +6.2%, so most of the difference is not the market carrying the house.
Companies bought 6.7% of the 721 homes sold in the Half Hollow Hills school district that year (48 of them).
In 2020, 32 homes in the Half Hollow Hills school district were resold by a company that had bought them within the previous two years. They were bought for a median of $393,824 and resold for a median of $640,000. Measured house by house, the typical resale was 52% above what that same buyer had paid, a median of 11 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +9.5%, so most of the difference is not the market carrying the house. 6% resold for less than they paid.
Companies bought 7.2% of the 666 homes sold in the Half Hollow Hills school district that year (48 of them).
In 2019, 27 homes in the Half Hollow Hills school district were resold by a company that had bought them within the previous two years. They were bought for a median of $399,000 and resold for a median of $599,000. Measured house by house, the typical resale was 70% above what that same buyer had paid, a median of 9.7 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +4.2%, so most of the difference is not the market carrying the house. 4% resold for less than they paid.
Companies bought 10.4% of the 657 homes sold in the Half Hollow Hills school district that year (68 of them).
In 2018, 25 homes in the Half Hollow Hills school district were resold by a company that had bought them within the previous two years. They were bought for a median of $380,000 and resold for a median of $599,000. Measured house by house, the typical resale was 52% above what that same buyer had paid, a median of 7.6 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +3.1%, so most of the difference is not the market carrying the house. 4% resold for less than they paid.
Companies bought 9.9% of the 710 homes sold in the Half Hollow Hills school district that year (70 of them).
In 2017, 21 homes in the Half Hollow Hills school district were resold by a company that had bought them within the previous two years. They were bought for a median of $315,350 and resold for a median of $485,000. Measured house by house, the typical resale was 77% above what that same buyer had paid, a median of 6.2 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +4.5%, so most of the difference is not the market carrying the house. 14% resold for less than they paid.
Companies bought 8.0% of the 710 homes sold in the Half Hollow Hills school district that year (57 of them).
Source: property transfers recorded with the county clerk, which cover every sale rather than only those listed for sale. Filings reach the state months after closing, so these figures run to October 2025 and describe what has already happened rather than the market today.
Homes that changed hands without going on the market
Between 2017 and October 2025, 872 homes in the Half Hollow Hills school district passed between family members rather than being sold — about 17 for every 100 that sold on the open market.
89% of them recorded no price at all, so they appear in no market statistic, no listing history and no sold comparable. They are counted here because the transfer itself is filed with the county clerk, whether or not money changed hands.
Family transfers per 100 open-market sales, by year
Counted from the reason recorded on each transfer with the county clerk, not from the price. Transfers filed only to add or remove a name on the deed are excluded — those are paperwork, not a change of owner. Where a filing gives no reason it is not counted, so these are minimum counts rather than a complete rate, and they run to October 2025.
Who has cut their asking price
Price reductions in Melville
16 of 48 homes for sale
33.3% have cut their asking price — in line with the 34.9% across Suffolk
Of the 48 homes for sale in Melville today, 16 are now asking less than they originally asked — 33.3%, against 34.9% across Suffolk. 1 seller has raised their asking price.
And among the homes that actually sold
Among the 204 homes that sold in Melville over the last twelve settled months, 19.1% had cut their price before they sold — down from 23.1% over the same twelve months a year earlier. The for-sale figure runs higher than the sold figure because homes that need a reduction stay on the market longer, so they build up among the listings still available while the completed sales are led by homes that sold without cutting.
What each group got
Over those same twelve months, the 165 Melville homes that sold without ever reducing achieved 100.8% of their asking price in a median of 20 days. The 39 that did reduce achieved 91.8% of what they first asked, after 79 days.
Homes that never reduced and homes that did are different homes, priced differently from the start — these figures describe what each group did, not what a reduction causes. How any individual home performs depends on condition, layout, its position within Melville and how it shows, none of which a market median can capture.
Measured from the OneKey MLS feed, updated daily. A home counts as reduced when its current asking price is below the price it was first listed at — not against an estimate or against other homes. The for-sale figures describe homes available today; the sold figures describe closed sales between September 2025 and August 2026.
Joseph's Market Take
What This Means for Sellers
Melville reads as a Seller's Market: about 3.7 months of single-family supply, and homes sold in a median of 30 days over the past 12 months. If you're considering selling, this market rewards strategic pricing — not overpricing. A properly positioned listing will attract qualified buyers and maximize your net proceeds.
Buyer Advisory
What This Means for Buyers
Buyers in Melville should be prepared to act quickly and come with strong offers. Pre-approval is essential, and buyers are generally better served retaining their own real estate attorney early to review the negotiation and contract. Expect competition, but don't overpay — there's a difference between being competitive and being reckless.
How many Melville listings did not sell
Did not sell
22%
54 of 247 listings that resolved
Sold
78%
193 closed sales · median $975,000
The listings that did not sell asked a median of $1,083,500 — 11% above the $975,000 median of the homes that closed. Counted over the trailing twelve months: every listing that closed, expired, was withdrawn or was
terminated. Listings still active or under contract are not counted on either side.
If the feed does not retain every withdrawn listing, the real figure is higher than the one shown, never lower.
Based on information from OneKey® MLS, for the period September 10, 2025 through September 10, 2026.
Flood informationMelville: FEMA flood dataMedian NFIP cost, single-family homes,ZIP 11747: $520 a year (Aug 2026)
Median yearly NFIP cost
$520
Single-family homes · ZIP 11747
Middle half of policies
$440–$640
65 policies in force, August 31, 2026
Residential buildings with NFIP insurance
5.4%
Suffolk County · FEMA, Aug 3, 2026
Median yearly cost by FEMA zone: moderate- to low-risk zones (X, B, C) $520 (65 policies).
Cost trend, Suffolk County
Median yearly cost of single-family NFIP policies taking effect each month.
In Suffolk County, the typical monthly median yearly cost of single-family NFIP policies taking effect in June through August 2026 was $1,410, 14% higher than the typical month in June through August 2025 ($1,230). Based on 6,422 and 6,811 policies.
FEMA flood-loss ratings
FEMA's National Risk Index rates each census tract's expected yearly losses from flooding against every census tract in the country. For the 5 census tracts in Melville (Census-designated place):
Calculated from FEMA policy data (as of Sep 8, 2026) and FEMA's NFIP residential penetration rates; ratings are FEMA's own labels from the National Risk Index (December 2025). Yearly cost is premium plus FEMA fees, single-family NFIP policies only; the insured share is residential NFIP contracts as a share of all residential buildings. Private flood insurance is not included. Not a flood-zone determination, insurance advice or a quote. Each building is priced individually.
03 — About Melville
What It's Like Living in Melville
Melville is one of Suffolk's most established residential communities, offering a distinctive blend of suburban character and metropolitan accessibility. Located in the 11747 zip code, the community is served by the Half Hollow Hills Central School District.
With a median home price of $999,000 and a median recorded property tax of $15,600 annually, Melville pairs an established housing stock with direct access to New York City. The commute to Manhattan averages approximately 57 min via the Long Island Rail Road.
Living in Melville does not mean one kind of ownership — condos selling at a median of $828K, single-family homes selling at a median of $999K, each with its own economics and day-to-day experience. In a coop or condo, the building handles the envelope — roof, heat, grounds — and your monthly maintenance or common charges fund it; in a house, those responsibilities (and that flexibility) are entirely yours. Condos are the dominant apartment form in Melville — deeded ownership with fewer transfer restrictions than a coop.
Local Expert Insights
Joseph's Insider Guide to Melville
Direct answers informed by 5,000+ closed transactions across Nassau, Suffolk, Queens and Brooklyn — not the canned content you'd find on any listing portal.
Is Melville a good place to live for commuters?
The LIRR connects Melville to Penn Station and Grand Central Madison in approximately 57 min. Peak express service, station parking and walk-to-station distance vary by address, and those three factors decide what a commute actually looks like day to day.
What are property tax trends in Melville, NY?
Melville homeowners pay a median of approximately $15,600 a year in property taxes — the median of the tax figures actually recorded on homes sold here, not an estimate. The bill funds school-district, county, town, and special-district services. Taxes are assessed parcel by parcel, so two similar homes on the same street can carry very different bills — confirm the actual assessment on a specific address before relying on it.
Is now a good time to buy or sell in Melville?
Melville is currently a Seller's Market, with homes selling in about 30 days. Prices have moved +19% year-over-year. Timing decisions depend on your specific situation — contact Joseph for a no-cost strategy session tailored to your property and goals.
What makes Melville different from other Suffolk communities?
Melville is a long-established community served by the Half Hollow Hills Central School District. Prices and activity vary by property type, school district, condition and price band; the figures above show where this market stands now.
What should buyers know before making an offer in Melville?
School district boundaries in Melville often run street by street — two blocks can mean a different school zone, so confirming a home's exact attendance zone before you make an offer matters. As an Associate Broker who is also an attorney, Joseph reads title and contract details differently than most agents — and when the facts of a deal are in front of him, he knows what's worth asking about. (Not a substitute for your own attorney's representation.)
Is Melville walkable for everyday living?
Melville has a Walk Score of 8/100, measured at a single point near the centre of Melville. Walkability varies street by street, so check the score for a specific address; the LIRR provides Manhattan access in approximately 57 min.
Planning a Move to Melville?
Get the Melville Relocation Guide — schools, commute options, live market data, and insider neighborhood details compiled by an Associate Broker who is also an attorney.
Melville is served by the Half Hollow Hills Central School District. Attendance zones on Long Island are assigned street by street, so a Melville mailing address does not by itself determine which school a home is zoned for.
Schools in the Half Hollow Hills Central School District
Elementary
Otsego Elementary SchoolPaumanok Elementary SchoolSignal Hill Elementary SchoolSunquam Elementary SchoolVanderbilt Elementary School
Middle
Candlewood Middle SchoolWest Hollow Middle School
High
Half Hollow Hills High School EastHalf Hollow Hills High School West
These are the schools recorded on homes sold in this district over the last 12 months — the district may also serve neighbouring communities. Zones can change and run street by street — we confirm the exact assignment for any home before you offer.
Half Hollow Hills Central School District — Value & Taxes
$1,178,000Median recorded sale
$17,201Typical annual tax ▲ +8% yr/yr
1.46%Effective rate
Typical value is the median recorded sale price in the district. Typical annual tax and effective rate are the median recorded tax bill and that bill divided by the median sale price, across 405 recent sales carrying a reported tax figure — an observed cost ratio, not an official millage rate. District boundaries can cross town and postal lines, so always verify the district for a specific address.
Melville is served by the Half Hollow Hills Central School District. District boundaries on Long Island often run street by street, so we confirm the district and attendance zone for a specific address before you make an offer.
What schools are zoned for Melville?
Melville is served by the Half Hollow Hills Central School District, which records these schools on homes sold in the district — elementary: Otsego Elementary School, Paumanok Elementary School, Signal Hill Elementary School, Sunquam Elementary School, Vanderbilt Elementary School; middle: Candlewood Middle School, West Hollow Middle School; high: Half Hollow Hills High School East, Half Hollow Hills High School West. Districts with more than one school at a level assign students by street, so confirm a specific address before relying on it.
What high school do Melville students attend?
The Half Hollow Hills Central School District, which serves Melville, operates Half Hollow Hills High School East and Half Hollow Hills High School West. Which one a home is assigned to depends on its street, so confirm the address before relying on it.
Searching for homes near a specific school?
School district boundaries on Long Island often run street by street, so a Melville mailing address doesn't guarantee a given school. We confirm a home's exact attendance zone before you make an offer.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 10, 2026 7:30 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
115 closed sales found.
Recent transactions provide real-world context for current market values.
For a full Comparative Market Analysis of your property,
request a complimentary CMA.
Expert answers to the most common questions about buying and selling in Melville.
How much does it cost to buy a home in Melville?
Single-family homes in Melville sold for a median of about $1,000,000 in the 12 months to September 10, 2026, across 132 closed sales, up 19% from the 12 months before. Their median recorded property-tax bill was about $15,600 a year. New York State's 1% mansion tax does not apply at that price; it starts at $1 million. The State's 0.4% base transfer tax is paid by the seller. Lender, title-insurance and attorney charges depend on the loan and the contract, so they are not included here. Sources: OneKey® MLS closed sales; tax rates from the NYS Department of Taxation and Finance.
Is Melville a good place to buy a home, and who is it right for?
Melville is an established Suffolk community served by the Half Hollow Hills Central School District, with a median home price of $999,000 and a median tax bill around $15,600. Commuters reach Manhattan via the LIRR, and it's currently a Seller's Market. Whether it fits comes down to budget, schools, and commute — I'll give you a candid read on the trade-offs versus nearby towns.
What are property taxes like in Melville, and can they be lowered?
Melville's median property-tax bill runs about $15,600/year. Can they be lowered? Sometimes. You can file a tax grievance — formally a tax certiorari proceeding — that challenges the assessed value your bill is calculated from. There's no guarantee of a reduction, it can take roughly two years to show up on your bill, and even a successful challenge may move the number only modestly. Many homeowners still pursue it, and a number of firms will handle the filing for a share of the first year's savings. It's worth reviewing for your specific home, and Joseph can pull a property's full tax history before you make an offer. If taxes are a deciding factor, you can also filter for lower-tax communities and compare.
What is the LIRR commute from Melville to Manhattan?
The typical commute to Manhattan is roughly 57 minutes by LIRR from the Huntington station (New York Ave & Broadway, Huntington Station, NY 11746) on the Port Jefferson Branch, with peak trains serving both Penn Station and Grand Central Madison (about 59 minutes to Grand Central). If you want options, nearby stations include Hicksville (about 41 min to Penn) — handy for trading a shorter drive for a faster train. View LIRR schedules and fares.
What is the median home price in Melville, and is it a buyer's or seller's market right now?
The median home price in Melville is $999,000, with prices trending +19% year over year, and the market is currently a Seller's Market with a median of 30 days on market. On the supply side, Melville is carrying about 3.7 months of single-family inventory — the time it would take to sell every active single-family listing at the current sales pace — which points to a limited supply that favors sellers, with roughly 27% of available homes selling each month (the absorption rate). Homes have recently sold at a median of about 100% of list price — 43% of sales closed above asking, 17% at asking, and 40% below. For a detailed analysis of your specific home or purchase target, contact Joseph DeVito for a complimentary market evaluation.
How are the schools in Melville?
Melville is served by the Half Hollow Hills Central School District. School attendance zones can run street by street, so an address in Melville doesn't automatically put a home in a given school. Because that distinction can affect both your child's school and the home's resale value, Joseph checks the specific attendance zone for any home you're seriously considering before you make an offer.
Why work with Joseph DeVito to buy or sell in Melville?
Joseph DeVito doesn't just help people buy and sell homes — he's spent over a decade hands-on renovating them. Alongside 5,000+ transactions, that renovation experience means he's worked through layout, design, and functionality decisions and lived with the timelines, costs, and pitfalls of a project — so he walks a home with a renovator's eye for craftsmanship and condition and can show buyers where to look closely. As a licensed attorney (though not your attorney on the transaction), he also reads a deal differently than most agents: when the facts of a transaction are in front of him, he understands the contract and title questions worth asking. His background also includes deep foreclosure and distressed-sale experience. In a divorce or estate sale, he can orient you and then coordinate with your matrimonial or estate representative for the legal specifics outside an agent's role. He's also genuinely responsive. It's an uncommon mix, and clients are generally better served by it. (Joseph represents you as your agent through Keller Williams; this is not legal representation and does not create an attorney-client relationship.)
Is Melville a buyer's or seller's market?
Over the past 2 years, 11747 has strengthened — the median sale price has risen roughly 10% year over year to around $1.06M, and homes have generally been selling faster. That combination points to conditions favoring sellers — and if it continues, further firming is possible. Alongside that firming trend, note that the roughly $946K blended median combines very different property types, so it may not describe any single one: of 396 recent sales, single-family made up the largest share at about 62% with the highest median near $993K, condos about 38% near $816K. Because condos, though not the most common, is priced far enough from the rest to pull the blend down, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $993K, roughly $47K over the headline number. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.
Are sellers cutting prices in Melville?
16 of the 48 homes for sale in Melville are asking less than they originally asked (33.3%), against 34.9% across Suffolk. Among homes that actually sold there in the last twelve settled months, 19.1% had cut before selling. Updated daily from the OneKey MLS feed.
What counts as a price reduction on this page?
A home is counted as reduced when its current asking price is lower than the price it was first listed at. It is not based on an estimate, on a valuation, or on what similar homes are worth — only on the seller's own two numbers, their original asking price and their current one.
Are price cuts in Melville becoming more or less common?
19.1% of the 204 homes that sold in Melville over the last twelve settled months had reduced their price before selling, compared with 23.1% over the same twelve months a year earlier. The two periods cover the same calendar months, because price cutting is strongly seasonal.
Do homes that cut their price in Melville sell for less?
Over the last twelve settled months in Melville, the 165 homes that sold without ever reducing achieved 100.8% of their asking price, and the 39 that reduced achieved 91.8% of what they first asked. These are different homes priced differently from the start, so the difference describes the two groups rather than the effect of a reduction.
Joseph DeVito is a New York Licensed Associate Real Estate Broker and a New York attorney. He does not act as both broker and attorney on the same transaction: here he acts as a real estate broker only, and he is not your attorney. Real estate services provided through Keller Williams Realty Greater Nassau are not legal representation. Everything on this site is general information for educational purposes only. It is not legal advice, it creates no attorney-client relationship, and it should not be relied on as legal advice — for advice about your own situation, consult your own attorney.
Melville’s median sale price of about $999K sits about 45% above the Suffolk County median of about $689K. These are whole-county figures over a settled trailing 12 months — the same data behind our full Suffolk County reports.
County medians describe the wider market, not any specific property, and are not a valuation of a home in Melville.
08 — Explore More
Markets Near Melville
The closest Suffolk communities we track, with their current median sale price, median days on market, and market condition — useful for widening or narrowing a search.
Live OneKey MLS medians from recent closed sales, refreshed daily. Market condition reflects months of supply. Figures describe each market, not any specific home.
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Ready to Make a Move in Melville?
Buy or Sell in Melville, NY With an Associate Broker Who Knows Which Questions to Ask
Joseph DeVito has been part of more than 5,000 closed transactions across Nassau County, Suffolk County, Queens, and Brooklyn. As an Associate Broker who is also an attorney, he reads a deal differently than most agents — and when the facts of your Melville deal are in front of him, he knows the contract and title questions worth asking.
