Melvin, IL Housing Statistics

B

68%

Med. Home Val. NAT. AVG.

27%

Rent NAT. AVG.

22%

Owner Occ. NAT. AVG.

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Melvin Housing Information

Index	Melvin	Illinois	National
Median home price	$58,800	$174,800	$184,700
Median rent asked	$697	$925	$949
Avg. people per household	2.8	2.6	2.6
Owner occupied households	77.8%	66.0%	63.6%
Renter occupied households	22.2%	34.0%	36.4%

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Housing Quick Facts

The median home price in Melvin is 68% lower than the national average.
The median rent asked in Melvin is 27% lower than the national average.
The average number of people per household in Melvin is 8% higher than the national average.
The number of owner occupied households in Melvin is 22% higher than the national average.
The number of renter occupied households in Melvin is 39% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Roberts, IL	470	$50,600	73%
Strawn, IL	85	$61,100	67%
Ludlow, IL	426	$63,400	66%
Piper City, IL	855	$64,400	65%
Thawville, IL	225	$65,000	65%
Melvin, IL	397	$58,800	68%

Cities with similar population

	Population	Home Price	National Avg.
Arapahoe, NC	397	$109,700	41%
Wellton Hills, AZ	397	$0	100%
Eastman, WI	397	$142,900	23%
Ranchitos del Norte, TX	397	$0	100%
Newbury, VT	397	$223,200	21%
Melvin, IL	397	$58,800	68%

Source: The Melvin, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).