Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Melrose vs Pelham Gardens

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

Bronx|Bronx

Melrose

Bronx

Pelham Gardens

Bronx

Median Sale Price
$0
$730K
Median Rent
$2K
$2K
Active Listings
4
1
Avg Days on Market
0 days
0 days
YoY Price Change
0.0%
+4.3%
Monthly Sales Volume
1
4

Detailed Comparison

MetricMelrosePelham Gardens
Median Sale Price$0$730,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,322.5$1,875
Active Listings41
Rental Inventory82
Days on Market00
Price Cut Share0.0%0.0%
Monthly Sales Volume14
YoY Price Change0.0%+4.3%
YoY Rent Change0.0%0.0%
YoY Inventory Change0.0%-80.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Melrose moved 0.0% over the past year, compared to +4.3% in Pelham Gardens. The +4.3% gain in Pelham Gardens reflects stronger buyer demand relative to available inventory in that market.

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.

View Full Market Report

Pelham Gardens

Pelham Gardens is a residential Bronx neighborhood of well-maintained single-family homes, two-family brick houses, and low-rise apartment buildings between Pelham Parkway and the Hutchinson River Parkway. The 5 train at Eastchester-Dyre Avenue and bus connections to the 6 train at Pelham Bay Park provide transit options. The tree-lined streets and generous setbacks give the area a distinctly suburban character.

View Full Market Report

Transit Access

Melrose

No subway data available

Pelham Gardens

No subway data available

Active Listings

Melrose for sale

View all Melrose listings

Pelham Gardens for sale

View all Pelham Gardens 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 Pelham Gardens?
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 Pelham Gardens?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Melrose or Pelham Gardens?
This depends on what type of home fits your household. Melrose and Pelham Gardens 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 Pelham Gardens?
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 Pelham Gardens 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.

More Comparisons

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.

Call Milton WhatsApp