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Melvin Housing Market Report

September 2026 • Updated daily from MLS data

$198,000
Average Price
1
Active Listings
10
Avg Days on Market
$92
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Melvin broken down by property type

1
Single Family
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0
Condo
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0
Townhouse
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0
Multifamily
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Price Distribution

How Melvin home prices are distributed across price ranges

Under $100K
0
$100K–$200K
1
1
$200K–$300K
0
$300K–$500K
0
$500K–$750K
0
$750K–$1M
0
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Melvin

0
1 Bed
0
2 Bed
0
3 Bed
1
4 Bed
0
5+ Bed

Demographics & Community

Census data for Melvin, Illinois

446
Population
$50,000
Median Household Income
30.6
Median Age
$64,300
Census Median Home Value

Housing Occupancy

Total Housing Units234
Owner-Occupied147 (85.5%)
Renter-Occupied25 (14.5%)
Vacant Units62
Median Rent$725/mo

Commute & Education

Median Commute199 min
Work From Home1.3%
0
Bachelor's Degree+10.3%
High School Diploma+8.1%

Affordability & Housing Costs

HUD data for the Melvin area

Fair Market Rent (2024)

Studio$683/mo
1 Bedroom$756/mo
2 Bedroom$965/mo
3 Bedroom$1,258/mo
4 Bedroom$1,293/mo

Income Limits (2024)

Median Family Income$92,100
Low Income (4-person)$73,700
Very Low Income (4-person)$46,050
Extremely Low (4-person)$31,200

School Districts

School districts serving Melvin properties

5

Featured Listings in Melvin

Top properties currently on the market

213 Hunt
$198,000
4
2
2,152 sqft
213 Hunt
Melvin, IL
View All Melvin Properties

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