Melrose Park, NY Real Estate

According to census data in the year 2000 there were 931 housing units in Melrose Park. This represents a 13.1% growth from 823 in 1990.

Of those housing units, 879 were located in either urbanized areas or urban clusters, and 52 were located in what is classified as a rural area.

Homeownership rate in Melrose Park is about 91.6%. Melrose Park's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Melrose Park were built after 1952.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom1%
Two Bedrooms21.10%
Three Bedrooms51.60%
Four Bedrooms23.30%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1952
Median Value of occupied units$86,400
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1950

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.20%
Home Equity Loan11.20%
Simple Mortgage54.20%
Debt Free29.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%