Call or Text (240) SELL-123

MELVILLE, NY 11747

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

Market Analysis

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

The MELVILLE, NY real estate market (11747) currently shows 57 active listings, with 24 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 83 days on market compared to 34 days last year.

The median listing price has risen 7.9% year-over-year, from $974,395 to $1,051,250.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MELVILLE, NY 11747 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
57
⇩ 19.7% vs 71 last year
Pending
24
42% pending ratio
Median Price
$1,051,250
⇧ 7.9% vs $974,395 last year
Average Price
$1,506,535
⇧ 16% vs $1,298,281 last year
Days on Market
83
⇧ 144.1% vs 34 days last year

Price Per Square Foot

Median $/sqft
$506
⇧ 1% vs $501/sqft last year
Median Home Size
2,532 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 57 this year vs 71 last year
  • Days on market: 83 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $1,051,250 (+7.9% YoY)
  • Average: $1,506,535 (+16% 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 — 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 February 2026, there are 57 active listings in MELVILLE, NY (zip code 11747), compared to 71 the prior year.

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

The median listing price in MELVILLE, NY 11747 is $1,051,250 as of February 2026, a 7.9% increase from $974,395 the prior year.

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

Homes in MELVILLE, NY 11747 spend an average of 83 days on the market before going under contract, compared to 34 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 February 2026, MELVILLE, NY 11747 is currently a Balanced Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 83 days on market compared to 34 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 $21,025 compared to a typical 5% commission on the median listing price of $1,051,250. 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.