Real Estate Overview for Melrose


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  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
  • Hazards

Average Listing Price

  • $190,462
  • for week ending Jul 22
  • +$1,712
  • +0.9%
  • w-o-w

Median Sales Price

  • $100,000
  • Apr '15 - Jul '15
  • $45,000
  • -31.0%
  • y-o-y

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Most popular neighborhoods Avg. listing Price
Week ending Jul 22
w-o-w
Buckingham Lake - Crestwood $223,858 +2.5%
Delaware Avenue $122,985 +2.3%
Campus Area $230,926 +2.2%
Pine Hills $194,433 -1.1%
New Scotland $182,665 -1.8%
Movers & Shakers Avg. listing price
Week ending Jul 22
w-o-w
Krank Park - Cherry Hill $194,450 -35.0%
South End $85,000 +28.1%
Central Avenue $221,528 -13.6%
North Albany - Shaker Park $271,200 +13.5%
Whitehall $174,650 -7.5%
View Albany Home Prices Map

Summary for Melrose


The median sales price for homes in Melrose, Albany for Apr 15 to Jul 15 was $100,000 based on 1 sales. Compared to the same period one year ago, the median sales price decreased 31%, or $45,000, and the number of sales decreased 75%. Average price per square foot for Melrose was $53, a decrease of 57.3% compared to the same period last year. There are currently 10 resale and new homes in Albany on Trulia, including 15 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Melrose was $190,462 for the week ending Jul 22, which represents an increase of 0.9%, or $1,712, compared to the prior week.


District Type Grades Schools Students
South Colonie Central School District Public K - 12 8 5,414
North Colonie Central School District Public K - 12 8
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Homes for Sale in Melrose
View all Melrose Homes for Sale