Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Melrose vs Wakefield

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

Bronx|Bronx

Melrose

Bronx

Wakefield

Bronx

Median Sale Price
$0
$699K
Median Rent
$2K
$2K
Active Listings
4
9
Avg Days on Market
0 days
0 days
YoY Price Change
0.0%
+5.5%
Monthly Sales Volume
1
11

Detailed Comparison

MetricMelroseWakefield
Median Sale Price$0$699,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,322.5$2,200
Active Listings49
Rental Inventory85
Days on Market00
Price Cut Share0.0%43.8%
Monthly Sales Volume111
YoY Price Change0.0%+5.5%
YoY Rent Change0.0%+2.3%
YoY Inventory Change0.0%+50.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Melrose moved 0.0% over the past year, compared to +5.5% in Wakefield. The +5.5% gain in Wakefield 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.

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Wakefield

Wakefield features a mix of detached single-family Victorian homes and low-rise apartment buildings. Two-family brick houses define the architecture across the residential streets. The area is served by the 2 and 5 subway lines, providing transit access within the northern Bronx.

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Transit Access

Melrose

No subway data available

Wakefield

No subway data available

Active Listings

Melrose for sale

View all Melrose listings

Wakefield for sale

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