Housing · Melville
Melville, RI housing market
The median sale price was $490,000 in February 2026.
Home values, sales, trends and how Melville compares with the towns next door — updated as new data is published.
The market right now
Melville at a glance
Median sale price
$490K
February 2026 · Redfin
Homes sold
1
in February
Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Next door
Melville and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Melville | — | — | — | $102,266 |
| Newport East | — | — | 29 | $89,028 |
| Middletown | $767K | +5.5% | 29 | $101,948 |
| Jamestown | $1.2M | +11% | — | $140,625 |
The homes
Owners, rent & taxes
Homeownership
4.6%
Rhode Island: 63.6%
Median rent
$2,724
Rhode Island: $1,342
Typical home built
1976
Rhode Island: 1962
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, February 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.