Real Estate Overview for Melrose


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  • Affordability
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Average Listing Price

  • $197,012
  • for week ending Jun 17
  • +$8,625
  • +4.6%
  • w-o-w

Median Sales Price

  • $171,000
  • Mar '15 - Jun '15
  • +$39,500
  • +30.0%
  • y-o-y

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Most popular neighborhoods Avg. listing Price
Week ending Jun 17
w-o-w
Buckingham Lake - Crestwood $223,604 -2.0%
Campus Area $245,315 -10.5%
Pine Hills $206,744 -2.9%
Center Square $254,080 -0.2%
Delaware Avenue $127,923 +10.1%
Movers & Shakers Avg. listing price
Week ending Jun 17
w-o-w
Arbor Hill $164,300 +73.1%
Dunes $177,933 +27.6%
South End $81,166 -24.3%
Second Avenue $45,000 -20.0%
Campus Area $245,315 -10.5%
View Albany Home Prices Map

Summary for Melrose


The median sales price for homes in Melrose, Albany for Mar 15 to Jun 15 was $171,000 based on 2 sales. Compared to the same period one year ago, the median sales price increased 30%, or $39,500, and the number of sales increased 0%. Average price per square foot for Melrose was $112, an increase of 69.7% compared to the same period last year. There are currently 12 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 $197,012 for the week ending Jun 17, which represents an increase of 4.6%, or $8,625, 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