melrose-bronx
Selling Your Home in Melrose, Bronx
Current market data from 87 recorded property transactions in Melrose. Every number on this page comes from NYC Department of Finance public records — not estimates, not algorithms, not listing data. This is what actually sold.
Home Prices in Melrose
Median sale prices by property type, based on every recorded sale in Melrose over the past 12 months.
Quarterly Trends by Property Type
Median sale price by quarter. Arrows show change vs. the prior quarter.
📊 Why this data is more reliable than other sites
The numbers on this page come from the NYC Department of Finance public records — every legally recorded property sale in Melrose, not just MLS-listed transactions. Sites like Zillow and StreetEasy only capture listings that go through their platforms, missing FSBO sales, off-market deals, and transfers that never hit the MLS. This dataset includes all of them.
We also remove bulk portfolio transfers, nominal sales, and non-arms-length transactions that would distort median prices — cleaning that most data sources don't do. The result is a more accurate picture of what individual homes are actually selling for in your market.
Data source: NYC Department of Finance, Rolling Sales Data — Bronx. Period: April 2025 – March 2026. Excludes $0 transfers, nominal sales, non-arms-length transactions, and bulk portfolio transfers identified through same-date/same-price pattern analysis. Note: NYC Department of Finance reports Melrose together with Concourse as a combined dataset. The figures on this page reflect that combined data. Last updated: May 2026.
Best Time to Sell in Melrose
Monthly closing volume based on 87 residential sales recorded by the NYC Department of Finance over the past 12 months. Months highlighted in orange indicate above-average demand (≥110% of the average monthly volume).
Takeaway for Sellers
Melrose sees its strongest closing activity in January, March, May, July, and December — the months highlighted in orange above. These peaks indicate when buyer demand is highest and the most transactions close.
Since the typical sale takes 3 months from listing to closing you should be listing approximately 3 months before these peak windows to position your home when competition among buyers is strongest.
The optimal listing date depends on your property type, your timeline, and current inventory levels. A strategy session can pinpoint the right window for your specific home.
Housing Stock in Melrose
Distribution of 87 residential sales by property type over the past 12 months.
What This Means for Sellers
Melrose's market is dominated by co-op apartment sales, which represent 48.3% of all recorded transactions. Most buyers entering the neighborhood are looking for apartments in elevator or walk-up buildings, and most sellers are competing with other co-op units. If you own a single-family home or condo here, you're in a smaller, less competitive segment where pricing strategy and marketing can have outsized impact. For co-op sellers, understanding building-specific dynamics — maintenance costs, board approval timing, building reputation — matters more than neighborhood-level trends.
FAQ: Selling in Melrose
Based on the most recent NYC Department of Finance public records (April 2025 – March 2026), median sale prices in Melrose vary significantly by property type. Co-op Apartments: $271,157 (42 sales). Single-Family Homes: $3M (1 sale). Two-Family Homes: $850,000 (16 sales). Three-Family Homes: $1.1M (17 sales). These figures reflect all legally recorded sales — not just MLS listings — giving a more complete picture than sites like Zillow or StreetEasy.
The Melrose market recorded 87 residential sales over the past 12 months according to NYC public records. The median price per square foot is $289. The median building was built in 1927. For a detailed analysis of how current conditions affect your home's value, schedule a free strategy call.
Melrose sees its strongest closing volume in January, March, May, July, and December, indicating above-average buyer demand. Since the typical sale takes about 3 months from listing to closing, you should be listing approximately 3 months before these peak windows to position your home when competition among buyers is strongest. The optimal listing date depends on your property type and personal timeline — a strategy call can help you find the right window.
Melrose has a diverse housing stock. Over the past 12 months, Co-op Apartments accounted for 48.3% of sales, Three-Family Homes accounted for 19.5% of sales, Two-Family Homes accounted for 18.4% of sales, Other Residential accounted for 12.6% of sales, Single-Family Homes accounted for 1.1% of sales. The median year built is 1927.
Across all neighborhoods Justin Braithwaite serves, his listings average just 24 days on market — well below the city average. His listings also close at 102.8% of asking price on average, meaning sellers typically get more than their list price. Results in Melrose specifically depend on property type, pricing strategy, and market timing.
You're not legally required to use an agent, but the data strongly suggests it pays to have expert representation. Justin Braithwaite has completed 261 seller transactions with a 96.1% close rate and a 102.8% sale-to-list ratio. His clients benefit from pricing strategy informed by the same NYC Department of Finance data on this page, plus 10 years of real estate experience and 27 years of sales and marketing expertise. Schedule a free strategy call to see how a data-driven approach can maximize your sale price in Melrose.
Melrose, Bronx at a Glance
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.
Nearby Neighborhoods
Thinking about other areas in the Bronx? Explore market data and insights for neighborhoods near Melrose.
Ready to Sell Your Melrose Home?
Get a personalized pricing strategy built on the same NYC public-records data you just saw on this page — not an algorithm's guess. Justin Braithwaite will walk you through what your home is worth today and when to list for maximum results.