Housing in Melvindale, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$157,500
Median List Price
$179,000
Price Per Sq Ft
$172
Days on Market
51
Active Inventory
10
Months of Supply
2.0
Seller's market
Zillow Home Value
$135,518
ZHVI — January 2026
Zillow Rent Index
$1,148
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
100.8%
Seller's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
5
Pending Sales
6
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$172
Median List $/SF
$135
Melvindale vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Melvindale 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
$113,100
Median Rent
$1,116
Total Housing Units
4,693
Vacancy Rate
7.8%
Owner Occupied
60.0%
Renter Occupied
40.0%
Median Property Tax
$1,948
per year
Monthly Cost (w/ Mortgage)
$869
Housing Types
The current median sale price in Melvindale, MI is $157,500 according to Redfin data. Homes spend a median of 51 days on the market. 20.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $172. Zillow's observed rent index is $1,148/month. About 60.0% of housing units are owner-occupied. The median year homes were built is 1949. There are 4,693 total housing units.