Current Price

$869,338

1 Month Forecast

â–² $944,566

1-Year Forecast *

â–² $1,017,324

5-Year Forecast *

â–² $1,177,988

"Is it a good time to buy homes in Melville?" "Does investing in real estate in Melville (New York State, Suffolk County) worth it?" According to our live Forecast System, buying a house in Melville is a good short-term (1-year) investment*. The Melville average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Melville" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Melville in New York State, Suffolk County. If you are looking for homes for sale with good flipping profit, Melville can be a profitable property investment option. The median price of an average house in Melville was 869,338 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Melville" area is 1,177,988 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +35.50% meaning that investing 100000 USD today may yield a profit of 35,504 USD by 2031.

Current Median Listing Price: 869,338 USD Median Listing Price Per Square Foot: 483 USD

Melville Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Melville (New York State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Melville Price Target

Melville median home price target in 12 months: $1,017,324* (upside of 17.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $950,712 $937,020 $934,501 $950,712
2024 $822,430 $869,338 $822,430 $869,338
2023 $798,702 $824,573 $790,528 $824,573
2022 $785,190 $802,000 $785,190 $814,208
2021 $676,984 $780,346 $676,984 $780,346
2020 $670,350 $668,688 $659,578 $689,389
2019 $642,146 $666,825 $642,146 $672,848
2018 $598,950 $636,071 $590,200 $636,071
2017 $597,358 $608,357 $597,358 $617,015
2016 $605,661 $592,768 $587,287 $605,661
2015 $592,434 $605,938 $592,434 $606,361
2014 $572,672 $588,994 $571,687 $588,994
2013 $537,954 $569,266 $537,095 $569,266
2012 $529,143 $538,544 $529,143 $540,275

Questions & Answers about the Melville Housing Market Forecast

How much does an average home cost in Melville today?

The value of an average home (the listing price) in Melville is $869,338 USD.

What is the average price per square foot in Melville?

According to Walletinvestor the median price per square foot in Melville is 483 USD.

Will the median listing price of homes in Melville grow / rise / go up?

Yes. The Melville home prices may rise from 869,338 USD to 1,017,324 USD in one year.

Is it profitable to invest in Melville homes?

Yes. The long-term profit potential is +17.02% in one year.

Will Melville house prices fall / drop?

No. See above.

What is the predicted price of a Melville home in 2030?

The predicted home sales price of a Melville home in 2030 in Melville is 1,113,676 USD.

What is the predicted price of a Melville home in 2035?

The predicted home sales price of a Melville home in 2035 in Melville is 1,345,030 USD.

Will real estate prices decrease in Melville?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Melville is the 3260. largest city in the United States, located in New York State.

During the last 12 months the real estate prices in Suffolk, Melville decreased, looking at the past 12 months.

According to Walletinvestor's Melville real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.965% to 869,338 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 18.633% in 2021
  • 16.753% in 2022
  • 18.733% in 2023
  • 15.963% in 2024
  • 16.733% in 2025
  • 15.753% in 2026

Based on our Melville real estate market research and report the predicted sales prices will increase by 381.623% in the next 10 years.

Over the last 12 months, the value of homes in Melville fluctuated: increasing 1 times and decreasing 3 times.

Melville (New York) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Melville Housing Market Forecast with Real Estate Prices for 2025
August 2025 944566 852943 1036189
September 2025 952173 861717 1042629
October 2025 959841 864817 1054865
November 2025 967571 895970 1039171
December 2025 975362 889531 1061194
Melville Housing Market Forecast with Real Estate Prices for 2026
January 2026 983217 913409 1053026
February 2026 991135 916800 1065470
March 2026 999117 931177 1067057
April 2026 1007163 940690 1073635
May 2026 1013415 937409 1089422
June 2026 1016962 928487 1105438
July 2026 1017324 963406 1071242
August 2026 1020903 924938 1116868
September 2026 1027503 958660 1096345
October 2026 1035777 950844 1120711
November 2026 1044118 940751 1147486
December 2026 1048158 948583 1147733
Melville Housing Market Forecast with Real Estate Prices for 2027
January 2027 1049160 983063 1115258
February 2027 1045125 981372 1108878
March 2027 1041971 974243 1109699
April 2027 1036012 974887 1097137
May 2027 1031751 957465 1106037
June 2027 1025851 943782 1107919
July 2027 1025763 929341 1122185
August 2027 1024112 932966 1115258
September 2027 1023575 960114 1087037
October 2027 1026668 954802 1098535
November 2027 1033427 950753 1116101
December 2027 1041749 981328 1102171
Melville Housing Market Forecast with Real Estate Prices for 2028
January 2028 1048587 974137 1123037
February 2028 1055319 987779 1122860
March 2028 1059726 962232 1157221
April 2028 1065436 985528 1145344
May 2028 1062668 1007409 1117927
June 2028 1064287 983401 1145173
July 2028 1062714 1009579 1115850
August 2028 1066787 1013448 1120127
September 2028 1066613 1004749 1128476
October 2028 1067657 964094 1171219
November 2028 1070342 977222 1163462
December 2028 1077542 1020433 1134652
Melville Housing Market Forecast with Real Estate Prices for 2029
January 2029 1086220 1003667 1168773
February 2029 1094967 1009560 1180375
March 2029 1103785 1021001 1186569
April 2029 1111963 1019670 1204256
May 2029 1120917 1060388 1181447
June 2029 1116824 1016310 1217338
July 2029 1113676 1008990 1218361
August 2029 1110759 1050778 1170740
September 2029 1105465 1026977 1183953
October 2029 1101804 1018067 1185541
November 2029 1104775 1028545 1181004
December 2029 1113672 1024578 1202765
Melville Housing Market Forecast with Real Estate Prices for 2030
January 2030 1122640 1055282 1189998
February 2030 1131681 1045673 1217688
March 2030 1140794 1079191 1202397
April 2030 1149981 1043033 1256929
May 2030 1159242 1073458 1245026
June 2030 1168577 1107811 1229343
July 2030 1177988 1076681 1279295
August 2030 1187474 1094851 1280097
September 2030 1194847 1100454 1289239
October 2030 1199028 1107902 1290155
November 2030 1199455 1122690 1276220
December 2030 1203675 1125436 1281914
Melville Housing Market Forecast with Real Estate Prices for 2031
January 2031 1211456 1098791 1324121
February 2031 1221212 1154045 1288379
March 2031 1231046 1137487 1324606
April 2031 1235809 1156717 1314901
May 2031 1236991 1114529 1359453
June 2031 1232233 1154603 1309864
July 2031 1228514 1163403 1293626
August 2031 1221488 1099340 1343637
September 2031 1216465 1150776 1282154
October 2031 1209508 1100652 1318364
November 2031 1209405 1139259 1279550
December 2031 1207459 1115692 1299225
Melville Housing Market Forecast with Real Estate Prices for 2032
January 2032 1206826 1141657 1271994
February 2032 1210472 1134213 1286732
March 2032 1218441 1120965 1315916
April 2032 1228253 1163156 1293350
May 2032 1236315 1128756 1343875
June 2032 1244253 1147201 1341304
July 2032 1249449 1174482 1324416

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.