B
68%
Med. Home Val. NAT. AVG.
28%
Rent NAT. AVG.
22%
Owner Occ. NAT. AVG.

Melvin Housing Information

IndexMelvinIllinoisNational
Median home price$104,505$308,565$326,622
Median rent asked$1,043$1,374$1,444
Avg. people per household2.82.62.6
Owner occupied households77.8%66.0%63.6%
Renter occupied households22.2%34.0%36.4%
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Homes For Sale In Melvin, IL

Housing Quick Facts

  • The median home price in Melvin is 68% lower than the national average.
  • The median rent asked in Melvin is 28% 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.

Most Affordable Places to Live in and Around Melvin

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Compare Melvin, IL Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Roberts, IL480$89,46473%
      Strawn, IL88$110,15766%
      Ludlow, IL442$113,91365%
      Thawville, IL232$117,39064%
      Foosland, IL54$117,97064%
      Melvin, IL413$104,50568%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Eastman, WI413$257,44321%
      Rennert, NC413$67,14179%
      Pine Hollow, OR413$343,5725%
      Edmondson, AR413$0100%
      Manderson-White Horse Creek, SD413$0100%
      Melvin, IL413$104,50568%
      Source: The Melvin, IL 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.