Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Melrose vs Norwood

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

Bronx|Bronx

Melrose

Bronx

Norwood

Bronx

Median Sale Price
$0
$520K
Median Rent
$2K
$2K
Active Listings
4
11
Avg Days on Market
0 days
0 days
YoY Price Change
0.0%
0.0%
Monthly Sales Volume
1
1

Detailed Comparison

MetricMelroseNorwood
Median Sale Price$0$520,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,322.5$2,095
Active Listings411
Rental Inventory813
Days on Market00
Price Cut Share0.0%0.0%
Monthly Sales Volume11
YoY Price Change0.0%0.0%
YoY Rent Change0.0%-4.6%
YoY Inventory Change0.0%+120.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Both Melrose and Norwood saw prices shift 0.0% over the past year. Comparable year-over-year movement suggests both markets are tracking similar citywide conditions.

Neighborhood Profiles

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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Norwood

Norwood features a dense residential grid of five- and six-story prewar apartment buildings in Art Deco, Tudor Revival, and neo-Renaissance styles, alongside brick rowhomes and tree-lined side streets in the north-central Bronx. The D train at Norwood-205th Street and the 4 train at Mosholu Parkway provide express service to Manhattan. The neighborhood is framed by Van Cortlandt Park to the north, the New York Botanical Garden to the east, and the landscaped Mosholu Parkway connecting them.

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Transit Access

Melrose

No subway data available

Norwood

No subway data available

Active Listings

Melrose for sale

View all Melrose listings

Norwood for sale

View all Norwood 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 Melrose cheaper than Norwood?
Median sale price data is not yet available for one or both neighborhoods. Contact Milton for a current market analysis.
Which has better transit, Melrose or Norwood?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Melrose or Norwood?
This depends on what type of home fits your household. Melrose and Norwood 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 Melrose or Norwood?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Melrose and Norwood 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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