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MELVILLE, NY 11747

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

Market Overview

Active Listings
56
⇩ 15.2% vs 66 last year
Pending
16
29% pending ratio
Median Price
$1,066,500
⇩ 0.7% vs $1,074,000 last year
Average Price
$1,506,591
⇧ 1.4% vs $1,485,118 last year
Days on Market
80
⇧ 14.3% vs 70 days last year

Market Context

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

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

Market Analysis

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

The MELVILLE, NY real estate market (11747) currently shows 56 active listings, with 16 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 80 days on market compared to 70 days last year.

The median listing price has fallen 0.7% year-over-year, from $1,074,000 to $1,066,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 66 last year
  • Days on market: 80 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $1,066,500 (-0.7% YoY)
  • Average: $1,506,591 (+1.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.8 miles — 513 listings ($555,120,776 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
11747Melville, NY 117470.0 mi56$84,369,096$1,066,500$1,506,591
11804Old Bethpage, NY 118043.1 mi10$12,596,290$1,250,000$1,259,629
11803Plainview, NY 118033.4 mi65$81,564,730$1,199,000$1,254,842
11797Woodbury, NY 117973.9 mi20$38,389,480$1,749,999$1,919,474
11714Bethpage, NY 117144.9 mi56$58,217,376$834,500$1,039,596
11703North Babylon, NY 117035.6 mi35$19,959,765$625,000$570,279
11724Cold Spring Harbor, NY 117246.1 mi6$19,873,500$3,374,500$3,312,250
11740Greenlawn, NY 117406.2 mi14$12,169,472$889,495$869,248
11757Lindenhurst, NY 117576.8 mi77$56,507,066$679,500$733,858
11756Levittown, NY 117566.9 mi77$79,268,805$864,950$1,029,465
11762Massapequa Park, NY 117627.2 mi29$30,550,862$899,900$1,053,478
11731East Northport, NY 117317.3 mi39$32,586,996$789,000$835,564
11795West Islip, NY 117957.8 mi29$29,067,338$762,499$1,002,322

Frequently Asked Questions

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

As of January 2026, there are 56 active listings in MELVILLE, NY (zip code 11747), compared to 66 the prior year.

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

The median listing price in MELVILLE, NY 11747 is $1,066,500 as of January 2026, a 0.7% decrease from $1,074,000 the prior year.

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

Homes in MELVILLE, NY 11747 spend an average of 80 days on the market before going under contract, compared to 70 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 January 2026, MELVILLE, NY 11747 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 80 days on market compared to 70 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 $21,330 compared to a typical 5% commission on the median listing price of $1,066,500. 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.