Market Summary

Melville, Suffolk County, NY

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Median Home Price Price

$898,871 $898.9K

Median Monthly Rent Rent

$3,845 $3.8K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Suffolk County

Region Price Rent GRM Display
$643,010 $2,457 22.0x
$709,138 $3,371 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NY outside of Suffolk County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of NY

Region Price Rent GRM Display
$655,061 $2,699 20.0x
$1,092,791 $3,435 26.0x
$434,692 $1,832 20.0x
$307,410 $1,078 24.0x
$691,090 $2,157 27.0x
$569,539 $3,578 13.0x
$309,362 $1,519 17.0x
$1,802,357 $3,374 44.0x
$1,593,839 $3,654 36.0x
$314,887 $1,331 20.0x
$535,158 $2,785 16.0x
$707,053 $2,306 25.0x
$1,133,275 $3,481 27.0x
$381,478 $1,553 20.0x
$667,974 $3,699 15.0x
$328,186 $1,188 23.0x
$550,610 $1,931 24.0x
$711,898 $3,193 19.0x
$238,285 $1,107 18.0x
$614,735 $1,921 27.0x
$481,606 $1,865 22.0x
$658,499 $2,187 25.0x
$505,805 $4,087 10.0x
$376,183 $1,468 21.0x
$231,591 $879 22.0x
$804,856 $3,085 22.0x
$1,038,163 $3,091 28.0x
$242,805 $1,197 17.0x
$516,504 $1,826 24.0x
$629,255 $1,963 27.0x
$2,040,823 $3,839 44.0x
$345,933 $1,379 21.0x
$1,678,504 $4,024 35.0x
$417,214 $1,609 22.0x
$486,916 $2,042 20.0x

Home prices

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Monthly rent

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GRM

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Melville

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Trend Insights

Median Rent in Melville, NY is $3,845, with MoM change +$32 and YoY change +$166 pointing to positive momentum while volatility is low (std $36).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Melville, NY.

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Metric
Base market Melville, NY
Compare market Select a market
Delta vs base
Median rent
$3,845
N/A
Median price
$898,871
N/A
YoY change
+$166
N/A
Price-to-rent
19.5x
Data unavailable
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