A+
75%
Med. Home Val. NAT. AVG.
44%
Rent NAT. AVG.
30%
Owner Occ. NAT. AVG.
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Melvin Housing Information

IndexMelvinIowaNational
Median home price$45,700$132,800$184,700
Median rent asked$533$715$949
Avg. people per household2.62.42.6
Owner occupied households82.6%71.1%63.6%
Renter occupied households17.4%28.9%36.4%
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Housing Quick Facts

  • The median home price in Melvin is 75% lower than the national average.
  • The median rent asked in Melvin is 44% lower than the national average.
  • The average number of people per household in Melvin is 1% lower than the national average.
  • The number of owner occupied households in Melvin is 30% higher than the national average.
  • The number of renter occupied households in Melvin is 52% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Archer, IA116$38,40079%
      Harris, IA190$59,50068%
      Ashton, IA535$65,30065%
      Little Rock, IA458$66,70064%
      Hartley, IA1,583$80,70056%
      Melvin, IA237$45,70075%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Teller, AK237$112,50039%
      Ranchette Estates, TX237$0100%
      Omaha, IL237$47,40074%
      McNabb, IL237$111,40040%
      Ulm, AR237$74,80060%
      Melvin, IA237$45,70075%
      Source: The Melvin, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).