Melvin, IA Housing Statistics

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A+

74%

Med. Home Val. NAT. AVG.

44%

Rent NAT. AVG.

30%

Owner Occ. NAT. AVG.

Melvin Housing Information

Index	Melvin	Iowa	National
Median home price	$83,645	$240,019	$326,622
Median rent asked	$809	$1,071	$1,444
Avg. people per household	2.6	2.4	2.6
Owner occupied households	82.6%	71.1%	63.6%
Renter occupied households	17.4%	28.9%	36.4%

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Housing Quick Facts

The median home price in Melvin is 74% lower than the national average.
The median rent asked in Melvin is 44% lower than the national average.
The average number of people per household in Melvin is 1% lower than the national average.
The number of owner occupied households in Melvin is 30% higher than the national average.
The number of renter occupied households in Melvin is 52% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Archer, IA	119	$68,966	79%
Harris, IA	196	$108,643	67%
Ashton, IA	549	$118,546	64%
Little Rock, IA	467	$122,793	62%
Primghar, IA	1,057	$148,588	55%
Melvin, IA	244	$83,645	74%

Cities with similar population

	Population	Home Price	National Avg.
Goofy Ridge, IL	244	$0	100%
Savage, MT	244	$178,204	45%
Ross, ND	244	$46,179	86%
Teller, AK	244	$200,595	39%
Paxico, KS	244	$177,474	46%
Melvin, IA	244	$83,645	74%

Source: The Melvin, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.