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MELVILLE, NY 11747

Real Estate Market Report  ·  Suffolk County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MELVILLE, NY real estate market (11747) currently shows 66 active listings, with 26 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 45 days on market compared to 44 days last year.

The median listing price has risen 14.8% year-over-year, from $894,000 to $1,026,250.

Whether you are buying or selling in MELVILLE, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,605  ·  Density: 601.0/mi²  ·  Median household income: $147,013

Typical home value: $728,459  ·  Homeownership: 89.3%

Market Overview

Active Listings
66
⇩ 9.6% vs 73 last year
Pending
26
39% pending ratio
Median Price
$1,026,250
⇧ 14.8% vs $894,000 last year
Average Price
$1,479,095
⇧ 12.8% vs $1,311,154 last year
Days on Market
45
⇧ 2.3% vs 44 days last year

Price Per Square Foot

Median $/sqft
$476
⇩ 1.2% vs $482/sqft last year
Median Home Size
2,337 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 66 this year vs 73 last year
  • Days on market: 45 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $1,026,250 (+14.8% YoY)
  • Average: $1,479,095 (+12.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.8 miles — 499 listings ($556,221,414 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
11747Melville, NY 117470.0 mi57$85,872,495$1,051,250$1,506,535
11804Old Bethpage, NY 118043.1 mi7$10,943,233$1,748,444$1,563,319
11803Plainview, NY 118033.4 mi57$71,467,626$1,199,250$1,253,818
11797Woodbury, NY 117973.9 mi23$40,672,303$1,496,944$1,768,361
11714Bethpage, NY 117144.9 mi56$60,744,600$897,500$1,084,725
11703North Babylon, NY 117035.6 mi35$19,392,240$599,965$554,064
11724Cold Spring Harbor, NY 117246.1 mi11$29,108,442$2,325,000$2,646,222
11740Greenlawn, NY 117406.2 mi8$9,194,568$849,497$1,149,321
11757Lindenhurst, NY 117576.8 mi76$54,838,180$677,000$721,555
11756Levittown, NY 117566.9 mi77$83,366,591$893,945$1,082,683
11762Massapequa Park, NY 117627.2 mi28$29,045,436$881,750$1,037,337
11731East Northport, NY 117317.3 mi36$32,779,548$819,326$910,543
11795West Islip, NY 117957.8 mi28$28,796,152$797,000$1,028,434

Frequently Asked Questions

How many homes are for sale in MELVILLE, NY 11747?

As of March 2026, there are 66 active listings in MELVILLE, NY (zip code 11747), compared to 73 the prior year.

What is the median home price in MELVILLE, NY 11747?

The median listing price in MELVILLE, NY 11747 is $1,026,250 as of March 2026, a 14.8% increase from $894,000 the prior year.

How long do homes stay on the market in MELVILLE, NY?

Homes in MELVILLE, NY 11747 spend an average of 45 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in MELVILLE, NY 11747?

Based on current inventory and days-on-market data as of March 2026, MELVILLE, NY 11747 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 45 days on market compared to 44 days last year.

How much can I save on real estate commission in MELVILLE, NY?

With SELL123.com's maximum 3% commission, sellers in MELVILLE, NY 11747 save an estimated $20,525 compared to a typical 5% commission on the median listing price of $1,026,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.