Melvin, MI Housing Statistics

B-

63%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

41%

Owner Occ. NAT. AVG.

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Melvin Housing Information

Index	Melvin	Michigan	National
Median home price	$68,600	$127,800	$184,700
Median rent asked	$0	$799	$949
Avg. people per household	4.2	2.5	2.6
Owner occupied households	89.7%	70.8%	63.6%
Renter occupied households	10.3%	29.2%	36.4%

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Housing Quick Facts

The median home price in Melvin is 63% lower than the national average.
The median rent asked in Melvin is 100% lower than the national average.
The average number of people per household in Melvin is 62% higher than the national average.
The number of owner occupied households in Melvin is 41% higher than the national average.
The number of renter occupied households in Melvin is 72% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Applegate, MI	229	$74,600	60%
Brown City, MI	1,190	$76,800	58%
Marlette, MI	2,002	$78,300	58%
Yale, MI	2,216	$81,300	56%
Peck, MI	617	$82,300	55%
Melvin, MI	193	$68,600	63%

Cities with similar population

	Population	Home Price	National Avg.
Russian Mission, AK	193	$93,300	49%
Grand River, IA	193	$32,700	82%
Rackerby, CA	193	$257,100	39%
Severy, KS	193	$26,700	86%
Aspers, PA	193	$187,500	2%
Melvin, MI	193	$68,600	63%

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