Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Bronxwood vs Melrose

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Bronx|Bronx

Bronxwood

Bronx

Melrose

Bronx

Median Sale Price
$332K
$0
Median Rent
$3K
$2K
Active Listings
11
4
Avg Days on Market
0 days
0 days
YoY Price Change
-8.5%
0.0%
Monthly Sales Volume
9
1

Detailed Comparison

MetricBronxwoodMelrose
Median Sale Price$331,750$0
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,575$2,322.5
Active Listings114
Rental Inventory128
Days on Market00
Price Cut Share7.1%0.0%
Monthly Sales Volume91
YoY Price Change-8.5%0.0%
YoY Rent Change+19.8%0.0%
YoY Inventory Change+83.3%0.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Bronxwood moved -8.5% over the past year, compared to 0.0% in Melrose. Both markets have seen price softening, with Bronxwood declining more sharply over the measured period.

Neighborhood Profiles

Bronxwood

Bronxwood is a compact residential pocket east of Bronx Park, defined by tree-lined streets of two- and three-story brick row houses and small apartment buildings dating from the early to mid-20th century, many with front gardens and decorative stoops. The 2 and 5 trains serve the neighborhood via the nearby Allerton Avenue and Burke Avenue stations. The western boundary borders Bronx Park, providing direct access to the Bronx Zoo and the New York Botanical Garden.

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Melrose

Melrose features 19th-century brownstones, neo-Renaissance apartment houses, and modern LEED-certified developments like Via Verde, all anchored by the commercial corridors along Third Avenue and Melrose Avenue. The 2 and 5 trains stop at East 149th Street, the 4 train serves nearby stations, and St. Mary's Park provides 35 acres of green space on the neighborhood's edge.

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Transit Access

Bronxwood

No subway data available

Melrose

No subway data available

Active Listings

Bronxwood for sale

View all Bronxwood listings

Melrose for sale

View all Melrose listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 1/1/1970.

Frequently Asked Questions

Is Bronxwood cheaper than Melrose?
Median sale price data is not yet available for one or both neighborhoods. Contact Milton for a current market analysis.
Which has better transit, Bronxwood or Melrose?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Bronxwood or Melrose?
This depends on what type of home fits your household. Bronxwood and Melrose both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Bronxwood or Melrose?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Bronxwood and Melrose gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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