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Real estate in Albany’s Melrose neighborhood.

Compare top Melrose real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Melrose real estate Market Report.

Information and statistics on the latest trends in the Melrose real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$371K
+3.1% from Q2 '26
Median list price
$332K
-1% from Q2 '26
Active listings
14
-13% from Q2 '26
Homes sold
6
-14% from Q2 '26
New pendings
7
-36% from Q2 '26
New listings
7
-50% from Q2 '26

Quarterly Pricing Trends for Melrose

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Melrose Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $232K Median sale price in Jan 2022 - Mar 2022: $255K Median sale price in Apr 2022 - Jun 2022: $285K Median sale price in Jul 2022 - Sep 2022: $273K Median sale price in Oct 2022 - Dec 2022: $254K Median sale price in Jan 2023 - Mar 2023: $325K Median sale price in Apr 2023 - Jun 2023: $315K Median sale price in Jul 2023 - Sep 2023: $325K Median sale price in Oct 2023 - Dec 2023: $353K Median sale price in Jan 2024 - Mar 2024: $320K Median sale price in Apr 2024 - Jun 2024: $338K Median sale price in Jul 2024 - Sep 2024: $348K Median sale price in Oct 2024 - Dec 2024: $305K Median sale price in Jan 2025 - Mar 2025: $267K Median sale price in Apr 2025 - Jun 2025: $290K Median sale price in Jul 2025 - Sep 2025: $345K Median sale price in Oct 2025 - Dec 2025: $320K Median sale price in Jan 2026 - Mar 2026: $304K Median sale price in Apr 2026 - Jun 2026: $360K Median sale price in Jul 2026 - Sep 2026: $371K Median list price in Oct 2021 - Dec 2021: $249K Median list price in Jan 2022 - Mar 2022: $260K Median list price in Apr 2022 - Jun 2022: $267K Median list price in Jul 2022 - Sep 2022: $270K Median list price in Oct 2022 - Dec 2022: $262K Median list price in Jan 2023 - Mar 2023: $287K Median list price in Apr 2023 - Jun 2023: $331K Median list price in Jul 2023 - Sep 2023: $275K Median list price in Oct 2023 - Dec 2023: $285K Median list price in Jan 2024 - Mar 2024: $329K Median list price in Apr 2024 - Jun 2024: $325K Median list price in Jul 2024 - Sep 2024: $300K Median list price in Oct 2024 - Dec 2024: $275K Median list price in Jan 2025 - Mar 2025: $300K Median list price in Apr 2025 - Jun 2025: $327K Median list price in Jul 2025 - Sep 2025: $320K Median list price in Oct 2025 - Dec 2025: $315K Median list price in Jan 2026 - Mar 2026: $300K Median list price in Apr 2026 - Jun 2026: $335K Median list price in Jul 2026 - Sep 2026: $332K Oct 2021 - Dec 2021 Median sale price $232K Median list price $249K Jan 2022 - Mar 2022 Median sale price $255K Median list price $260K Apr 2022 - Jun 2022 Median sale price $285K Median list price $267K Jul 2022 - Sep 2022 Median sale price $273K Median list price $270K Oct 2022 - Dec 2022 Median sale price $254K Median list price $262K Jan 2023 - Mar 2023 Median sale price $325K Median list price $287K Apr 2023 - Jun 2023 Median sale price $315K Median list price $331K Jul 2023 - Sep 2023 Median sale price $325K Median list price $275K Oct 2023 - Dec 2023 Median sale price $353K Median list price $285K Jan 2024 - Mar 2024 Median sale price $320K Median list price $329K Apr 2024 - Jun 2024 Median sale price $338K Median list price $325K Jul 2024 - Sep 2024 Median sale price $348K Median list price $300K Oct 2024 - Dec 2024 Median sale price $305K Median list price $275K Jan 2025 - Mar 2025 Median sale price $267K Median list price $300K Apr 2025 - Jun 2025 Median sale price $290K Median list price $327K Jul 2025 - Sep 2025 Median sale price $345K Median list price $320K Oct 2025 - Dec 2025 Median sale price $320K Median list price $315K Jan 2026 - Mar 2026 Median sale price $304K Median list price $300K Apr 2026 - Jun 2026 Median sale price $360K Median list price $335K Jul 2026 - Sep 2026 Median sale price $371K Median list price $332K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Inventory in Melrose has tightened over the past year, with active listings down more than 20 percent in this rolling three-month view and just 14 homes on the market. Contract activity has cooled even more, as new listings and pending sales have both dropped by roughly half compared with a year ago, pointing to fewer homes cycling through the market.

Pricing, however, has stayed firm to stronger despite slower turnover. Typical home values are up about 8 percent year over year, and the average sale-to-list ratio sits above 105 percent, showing that closed sales are still landing over asking on average.

Speed conditions show a split picture, with a very low 2.7 months of supply matching the wider Albany market but a modest uptick in days on market from a year ago. With about two-thirds of recent sales closing above the list price in this three-month window, buyers and sellers can both benefit from an Agent Pronto–recommended agent who understands how to navigate limited options and strong pricing power.



Learn more about what Melrose has to offer.

Melrose offers residents a welcoming, closely knit community with walkable streets, green spaces, diverse local amenities, and a strong sense of neighborhood connection.

Melrose in Albany is a compact, walkable neighborhood that combines quiet residential streets with easy access to key city destinations. Located northwest of downtown, it offers quick connections to Albany, I‑90, and Colonie, making daily commuting straightforward.

Tree‑lined blocks of single‑family homes and small apartment buildings give Melrose a practical, lived‑in feel. Residents are a short drive from shopping and services along Central Avenue and Everett Road, while the nearby Westland Hills Park provides playgrounds, ballfields, and seasonal ice skating. Families appreciate access to Albany City Schools, including Albany High School just south of the neighborhood.

Everyday errands are simple. Groceries, pharmacies, and casual dining are close at hand, and downtown destinations like Washington Park and the Albany Public Library are within a short drive. Entertainment and employment centers at the MVP Arena and Empire State Plaza are also conveniently reachable, expanding options for work and leisure.

For buyers, understanding block‑by‑block differences in traffic, parking, and property age is essential. For sellers, pricing correctly in relation to nearby neighborhoods such as Pine Hills and Manning Boulevard can make a real difference in time on market. A local Agent Pronto partner who knows Melrose can streamline decisions, reduce stress, and guide both buyers and sellers through each step with confidence.

Find your Melrose real estate agent today →


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See why so many people rely on Agent Pronto to make their real estate journey a success.

“I cannot say enough wonderful things about Mary! As a first time homebuyer, I was nervous and overwhelmed going into the process, but Mary made the entire experience so much easier and less intimidating. From start to finish, she provided incredible guidance, answered all of my questions, and always made sure I felt confident in my decisions. Her knowledge, patience, and dedication truly made all the difference. Even when we faced unexpected obstacles along the way, Mary went above and beyond to help navigate them and ensure everything came together. She genuinely cares about her clients and always had my best interests at heart. I am so grateful to have had Mary by my side throughout such an important milestone in my life. I couldn’t have asked for a better realtor and would highly recommend her to anyone looking to buy or sell a home!”

Tessa Hughes ·

Photo of Mary Canova
Gabler Realty
“Kati was incredible and went above and beyond. When I tell people about how much she helped me they say usually realtors don’t do all that. She truly works all day and night and I would never work with anyone but her again. I cannot express how grateful I am for her assistance in this chaotic process and could not have done it without her!”

Julie Maresco ·

Photo of Tracy Chenette
Coldwell Banker Prime Properties
“Alex was amazing and super helpful in assisting me with my first house purchase. I came in with little to no knowledge and left owning a house that I really love!”

eric ramsey39 ·

Photo of Capital Region Team at Compass
Compass Greater NY LLC
“Aaron was absolutely amazing from start to finish. We liked him immediately—we have a lot in common, and his tie-less style worked with our own attitudes, humor, and personalities. He might not be formally dressed, but he is incredibly professional and knowledgeable, and he was easy to communicate with throughout the process. Our timeline was compressed, and Aaron went with it. He helped us find the most beautiful house, and then walked us through every step of the process, including explaining any issues that came up and handling tricky communications. He even helped reassure us when we were stressed and despondent. He is a remarkable real estate agent and a truly good guy. We are so grateful for and to him. We can’t recommend him enough.”

Rae Muhlstock ·

Photo of Aaron Raymond
eXp Realty, LLC
“Alexis was amazing right from the start. She answered every question I threw at her and even pointed out things I didn’t think to ask about. Her timeliness for responses was impressive. Friendly, knowledgeable and responsive; all around great experience!”

user6914935 ·

Photo of Alexis Madden
Romeo Team Realty
“Excellent realtor, clearly knows the market and the details of living in the Albany area. Worked with the house inspector and various contractors by being available to open the house. Took several weekends to show houses and was prompt with answers to our questions. Great experience.”

JoshHill29 ·

Photo of Mark Vitale
Vera Cohen Realty
“Angela did an incredible job helping my husband and I navigate through first time home buying. She is extremely responsive, goes above and beyond to get answers, and has a ton of knowledge on the area.”

srhdvrs ·

Photo of Angela Dross
Julie & Co. Realty
“If you’re looking for a real estate agent that is professional, knowledgeable, responsive, patient, and caring, Chris is who you want. From the beginning, Chris was positive and welcoming and I felt my business was appreciated. Chris answered any and all of my questions immediately. He is great at explaining things and extremely patient. We had some hurdles (out of our control), but he was very reassuring. Real estate transactions can be very stressful, especially when things are moving quickly. I’m glad I had Chris as an agent, he helped me not to panic and I was able to take it easy and not worry. I highly recommend Chris, he is top notch! Thanks a million, Chris!”

Shaakima Smith ·

Photo of Christopher Serra
Coldwell Banker Prime Properties
“Kaile did an amazing job helping me purchase my first investment property. She was knowledgeable about the area which helped when choosing a property. She took a lot of time to assist me with all my questions along the way. I look forward to purchasing future properties with her.”

Jason Lang ·

Photo of Kaile White
Core Real Estate Team
“We have been working with Monika since last fall. She’s helped us with a rental and now our dream home! She is patient, responsive, knowledgeable, attentive and caring. She has become a very good friend through the process, and we are so grateful to have worked with her. ??”

ncsmnmjea ·

Photo of Monika Cronin
Compass Greater NY LLC
“Harold Baldwin was a great assist to me for purchasing my new home. He was able to help me get assistance to help with the purchase of the home. Harold is the best - very knowledgeable, kind, understanding and looked for homes exactly what is asked of. Couldn't ask for a better Realtor! Thank you so much.”

Kareema T. · Albany, NY

Photo of Harold Baldwin
Ckm Team Realty
“It was an absolute pleasure working with Kevin he was very professional and at the same time very personal and Hands-On he acted as if he had known you forever he was very real! Wonderful personality and a wonderful job I would highly recommend him to anyone!”

Zana Margretta ·

Photo of Kevin Lucero
Charlotteville Realty
“I got a good agent who was attentive to my needs. He displayed patience and kindness toward this sometimes nervous first-time seller. Very pleased with Peter!”

Kevin D. · Schenectady, NY

Photo of Peter Melito
Akoma Realty Services
“Karyn was amazing! She was very knowledgeable about the area. Quick to respond to all emails, texts and phone calls with questions I had. She was professional and fought for me when we were put in a difficult position. I would highly recommend her!”

nharbacz ·

Photo of Karyn Long
Coldwell Banker Prime Properties
“I found Lori to be very professional and helpful. We sold our house within two months. She made herself available for open houses and anything we asked of her. She gave us great ideas to prepare our home for multiple showings. Followed up with anyone that came to our open houses and researched other homes that were sold in our area. Always looked professional as well. I would definitely recommend Lori.”

lconnors12 ·

Photo of Lori Danussi
Kellie Kieley Realty, LLC
“Yup all 5 stars because she is the best! Chandra is easy to work with, therapy included was no extra charge. She got the job done quickly. She didn’t miss a beat and went all out. I’m super grateful I chose her to guide me through this whole process.”

hebert2131 ·

Photo of Chandra Veino
Coldwell Banker Prime Properties

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Melrose. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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