Melville, NY Real Estate
According to census data in the year 2000 there were 5,146 housing units in Melville.
This represents a 28.2% growth from 4,014 in 1990.
Of those housing units, 5,146 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Melville is about 86.1%.
Melville's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.88 people.
The majority of houses, apartments or condos in Melville were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 5.90% |
| Two Bedrooms | 13.80% |
| Three Bedrooms | 31.60% |
| Four Bedrooms | 34.20% |
| Five Bedrooms or more | 14.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $336,800 |
| Median Price asked for vacant units | $246,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1996 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 8% |
| Simple Mortgage | 57.40% |
| Debt Free | 29.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.2% |
