Melville, NY — Momentum Score, Home Values & Best-For

All states·New York·Melville

Suffolk County · New York-Newark-Jersey City · population 19,284

Small-town feel
OverviewCost of livingMoving guide
View watchlist →
62
Rising
Momentum score · 0–100

Where Melville stands

At or near all-time high.

Median home $886,408
1-year -0.0%
5-yr CAGR +4.2%
vs 5-yr peak -0.9%

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2025-01$886k$555k$680k$805k$930k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
15/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
55/100
Workable for remote workers
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent vs buy

Price-to-rent ratio: 16.8
Lean buy

At a 16.8 price-to-rent ratio, Melville is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
50 · w22%
Home 5-yr CAGR
60 · w22%
Distance from peak
85 · w18%
Home 10-yr CAGR
54 · w10%
Long thesis

Melville has held up across the cycle: home values at $886,408 with +4.2% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Melville carries a $886,408 median home with only -0.0% YoY. Premium pricing in a flat tape is the bear setup — you're paying for the trend that already ran while new buyers can't afford to extend it.

About Melville

Melville is a city in Suffolk County, New York, with an estimated population of 19,284. It anchors the New York-Newark-Jersey City metro area. The median home value in Melville is $886,408 as of 2026-04, down 0.0% over the last 12 months. Over the last five years, home values have averaged +4.2% annual growth, with prices at or near the 5-year peak. Rents in Melville average $4,392 per month. The composite momentum score is 62 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Held the highs: currently -0.9% from the 5-year peak — this market refused to give back gains.
○The data is the data: Melville has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.

▼ Bear case

●Expensive AND not growing: median home $886,408 with only -0.0% YoY. You’re paying premium pricing for a flat trend.
○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Suffolk County right now.

NWS active alerts (NY)New York Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Suffolk County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Melville

Congers, NY65 · RisingCopiague, NY63 · RisingSouth Huntington, NY62 · RisingNorth Babylon, NY67 · Rising

Run the numbers for Melville

ToolCan I afford Melville?Income → city shortlistToolROI on a Melville rentalCap rate, cash-on-cash, DSCRToolCompare Melville to anywhereSide-by-side up to 3 citiesToolMelville cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
33° / 19°
avg high / low
Summer (Jul)
82° / 63°
avg high / low
Sunny days/yr
183
~50% of year
Annual precip
41″ rain
60″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Moderate
Tornado
Very low
Wildfire
Very low
Earthquake
Very low
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the New York-Newark-Jersey City area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Melville listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local economy & environment

Humidity
71%
Humid climate
Median household income
$81,400
New York state median
Top industries (state-level)
Finance (NYC)MediaHealthcare

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Melville

Explore other places with comparable momentum or affordability.

See all New York cities →    Browse best-of lists →