5

Melrose Homes for Sale

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  • /25

    $299,900

    • 3 Beds
    • 2.5 Baths
    • 1,411 Sq Ft

    22 Fairlawn Ave, Albany, NY 12203

    Beautifully remodeled Craftsman in the heart of Albany! This move-in ready home perfectly blends timeless character with modern updates throughout. The stunning kitchen is the centerpiece of the home, featuring tasteful finishes, stylish cabinetry, and ample space for cooking and gathering. Enjoy entertaining in the formal dining room or relaxing on the charming front porch. Cozy fireplace offers

    Kevin Clancy Clancy Real Estate

    22 Fairlawn Ave, Albany, NY 12203
  • /55

    $375,000

    $25K PRICE DROP
    • 5 Beds
    • 3.5 Baths
    • 3,416 Sq Ft

    5 Rosemont St, Albany, NY 12203

    Spacious 5 bedroom, 3.5 bath colonial located in one of Albany's most coveted neighborhoods. This well-maintained home features multiple living and entertaining spaces, including a large formal dining room with French doors, hardwood floors, and two fireplaces that add warmth and character throughout. The oversized primary suite offers abundant natural light and generous space, while the flexible

    Kristian Khachadourian KW Platform

    5 Rosemont St, Albany, NY 12203
  • /61

    $499,900

    • 4 Beds
    • 2.5 Baths
    • 2,530 Sq Ft

    101 Fairlawn Ave, Albany, NY 12203

    Welcome to this stunning Mid-Century Modern executive ranch, perfectly situated on a nearly half-acre lot in Albany's desirable Melrose neighborhood. The custom kitchen features granite countertops, stainless steel appliances, and opens seamlessly to the family room, creating the perfect space for everyday living and entertaining. A spacious living room with a gas fireplace and gleaming hardwood

    Terry Weinman Coldwell Banker Prime Properties

    101 Fairlawn Ave, Albany, NY 12203
  • /20

    $339,000

    • 4 Beds
    • 1.5 Baths
    • 1,440 Sq Ft

    17 Winthrop Ave, Albany, NY 12203

    This home has 4 bedrooms and 1.5 baths. There is an office/den on the 3rd floor. Gas fireplace, new roof 2026 including garage. New stove, refrigerator and dishwasher. Laminate flooring and new double side door.Garage sold AS IS

    Steven Sbardella 518 Realty.Com Inc

    17 Winthrop Ave, Albany, NY 12203
  • /45

    $385,000

    • 6 Beds
    • 2 Baths
    • 2,668 Sq Ft

    149 Homestead Ave, Albany, NY 12203

    Great investment or owner-occupant opportunity in Albany! This spacious 2-family home offers a total of 6 bedrooms and 2 full bathrooms, with each unit featuring 3 bedrooms and 1 bath. Conveniently located near colleges, hospitals, shopping, restaurants, bus lines, and major highways. Whether you are looking to add to your rental portfolio or live in one unit while renting the other, this

    Ramiz Turan KW Platform

    149 Homestead Ave, Albany, NY 12203

Why Live in Melrose

Melrose offers classic suburban living near downtown Albany and the University of Albany. It features mid-20th-century housing, including ranch-style homes and Dutch Colonial Revivals. The neighborhood is family-friendly, with wide streets and sidewalks. Rosemont Park, the only green space within Melrose, has a playground, a tennis court and a basketball court. Washington Park isn’t far away either and it hosts various events, like the Tulip Festival in the spring and summertime plays through Park Playhouse. The neighborhood is near dining options, including Café Madison for brunch and City Line Bar and Grill for American fare. Everyday amenities, like grocery stores, are also nearby. Students attend the top-rated Albany High School. Melrose is near state Route 85, and buses run along Western and Washington Avenues, giving residents easy access to all of Albany.

Melrose Home Prices vs. Nearby Albany, NY Neighborhoods

Melrose Eastside Troy Helderberg Readsboro
Median Home Price
$325,000
$275,000
$289,900
$349,000
Median Sale Price
$324,000
+16% YoY
$272,500
+5% YoY
$313,000
+12% YoY
$347,000
-3% YoY
Median Single Family Price
$324,900
$275,000
$307,500
$340,750
Total Active Listings
4
7
3
6
Market Conditions
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market

Frequently Asked Questions

Is Melrose a good place to live?
Melrose is a good place to live. Melrose is considered fairly walkable and bikeable with great transit options. Melrose is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Melrose has 7 parks for recreational activities. It is fairly dense in population with 13.0 people per acre and a median age of 40. The average household income is $87,994 which is below the national average. College graduates make up 62.7% of residents. A majority of residents in Melrose are home owners, with 46% of residents renting and 54% of residents owning their home. A local real estate agent serving Melrose can help you decide if this neighborhood is the right one for you. Learn more on our Melrose neighborhood guide.
Is Melrose, NY a safe neighborhood?
Melrose, NY is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Melrose?
The median home price in Melrose is $325,000. If you put a 20% down payment of $65,000 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $1,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K a year to afford the median home price in Melrose. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Melrose is $88K.
What are the best public schools in Melrose?
The best public schools that serve Melrose are:
What are the best private schools in Melrose?
The best private schools that serve Melrose are:
What are the most popular zip codes in Melrose, Albany, NY?
The most popular zip codes in Melrose, Albany, NY include 12203, 12206, 12205, 12208 and 12209.
What are the most popular neighborhoods near Melrose, Albany, NY?
The most popular neighborhoods near Melrose, Albany, NY are Buckingham Lake-Crestwood, Upper Washington Avenue, Pine Hills, Campus Area and Beverwyck.
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