Melvin Housing Information - Census

IndexMelvinIllinoisNational
Median home price$69,500$174,800$184,700
Median rent asked$602$925$949
Avg. people per household3.12.62.6
Owner occupied households76.7%66.0%63.6%
Renter occupied households23.3%34.0%36.4%

Melvin Housing Information - Zillow

IndexMelvinIllinoisNational
Zillow home value indexn/a$176,800$220,100
Year over year appreciation raten/a4.93%7.58%
5 year average appreciation raten/a5.07%6.57%
10 year average appreciation raten/a-1.06%1.33%

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Did you know?

  • The median home price in Melvin is 62% lower than the national average.
  • The median rent asked in Melvin is 37% lower than the national average.
  • The average number of people per household in Melvin is 19% higher than the national average.
  • The number of owner occupied households in Melvin is 21% higher than the national average.
  • The number of renter occupied households in Melvin is 36% lower than the national average.

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Compare Melvin, IL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Roberts, IL374$49,60073%
Foosland, IL108$58,30068%
Thawville, IL193$60,70067%
Strawn, IL102$61,90066%
Ludlow, IL417$63,10066%
Melvin, IL550$69,50062%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Tres Pinos, CA550$606,400228%
Middleway, WV550$137,50026%
Lane, SC550$47,50074%
Balaton, MN550$74,80060%
Hallsburg, TX550$146,50021%
Melvin, IL550$69,50062%
Source: The Melvin, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.
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