Housing in Melody Hill, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$243,250
Median List Price
$315,000
Price Per Sq Ft
$131
Days on Market
48
Active Inventory
4
Months of Supply
4.0
Balanced market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
20.0%
Sale-to-List Ratio
99.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
4
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$131
Median List $/SF
$138
Melody Hill vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Melody Hill is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$192,000
Median Rent
$1,099
Total Housing Units
1,413
Vacancy Rate
0.0%
Owner Occupied
92.0%
Renter Occupied
8.0%
Median Property Tax
$1,520
per year
Monthly Cost (w/ Mortgage)
$1,157
Housing Types
The current median sale price in Melody Hill, IN is $243,250 according to Redfin data. Homes spend a median of 48 days on the market. 0.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $131. The median rent is $1,099 per month (Census ACS). About 92.0% of housing units are owner-occupied. The median year homes were built is 1973. There are 1,413 total housing units.