Single-family median sale price
Quarterly trend
| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | — | 0 |
| Q1 2026 | — | 0 |
| Q2 2026 | $615,000 | 2 |
| Q3 2026 | — | 0 |
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| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | — | 0 |
| Q1 2026 | — | 0 |
| Q2 2026 | $615,000 | 2 |
| Q3 2026 | — | 0 |
| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | $873,000 | 6 |
| Q1 2026 | $850,000 | 7 |
| Q2 2026 | $999,000 | 1 |
| Q3 2026 | $637,975 | 4 |
| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | $889,000 | 3 |
| Q1 2026 | $1.0M | 6 |
| Q2 2026 | $974,500 | 4 |
| Q3 2026 | $515,000 | 4 |
| Quarter | Median price | Sales |
|---|---|---|
| Q4 2025 | $385,000 | 9 |
| Q1 2026 | $252,000 | 12 |
| Q2 2026 | $247,500 | 12 |
| Q3 2026 | $200,000 | 15 |
Data source: NYC Department of Finance — Bronx recorded sales, rolling and annualized transaction-level files. Period: October 2025 – September 2026. Excludes nominal transfers ($10,000 or less), non-residential classes, and flagged bulk transactions. Note: NYC Department of Finance reports Melrose and Concourse as a combined dataset. The figures on this page reflect that combined data. Last updated: November 2026.
108 qualifying sales. Median price per square foot: $274, using eligible sales with reported gross square footage and excluding building class 11. Rolling sales · Annualized sales
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Based on NYC Department of Finance public records (October 2025 – September 2026), median sale prices in Melrose vary by property type. Co-op Apartments: $252,000 (48 sales). Single-Family Homes: $615,000 (2 sales). Two-Family Homes: $817,500 (18 sales). Three-Family Homes: $960,000 (17 sales). These figures reflect recorded transactions, not just MLS listings.
The Melrose market recorded 108 residential sales over the past 12 months according to NYC public records. The median price per square foot is $274. The median building was built in 1927. A free strategy call can put these figures in context for your property.
The busiest closing months in this report were Mar, Apr, Dec. City records give the closing date. To choose a listing date, compare competing listings and work back from your preferred move date.
Over the past 12 months, Co-op Apartments accounted for 44.4% of sales, Other Residential accounted for 21.3% of sales, Two-Family Homes accounted for 16.7% of sales, Three-Family Homes accounted for 15.7% of sales, Single-Family Homes accounted for 1.9% of sales. The median year built is 1927.
City sale records give the closing date. Compare recent listings for similar properties to see how long they took to go into contract. Allow time for financing, title work, and any required board approval.
You can sell your home yourself or hire a broker. Schedule a free valuation call with Justin for help with pricing, marketing, and negotiating offers.
Melrose is a residential neighborhood in the south Bronx, bordered by the Grand Concourse to the west, Webster Avenue to the east, 161st Street to the north, and 149th Street to the south.
The neighborhood is named for the Melrose train station that once stood on the Harlem Line. Housing is a mix of pre-war apartment buildings concentrated along the Grand Concourse and Third Avenue, mid-century affordable housing developments, and a smaller share of two- and three-family row homes.
Melrose is served by the 2 and 5 trains (3rd Avenue–149th Street and Jackson Avenue stations) and multiple bus routes. The neighborhood is anchored by The Hub, the major commercial center at the intersection of Third Avenue, Willis Avenue, and 149th Street — historically one of the busiest retail districts in the Bronx. Melrose has seen substantial affordable housing development in recent decades.
| Property type | Sales | Share |
|---|---|---|
| Co-op Apartments | 48 | 44.4% |
| Other Residential | 23 | 21.3% |
| Two-Family Homes | 18 | 16.7% |
| Three-Family Homes | 17 | 15.7% |
| Single-Family Homes | 2 | 1.9% |
Compare Melrose with other Bronx neighborhoods by property type and sale price.