market report · 48454

Melvin, MI · 48454

2 active listings$199,450 median ask$2,047 est. rent1% price/rent

$199,450

Median list price

$2,047/mo

Estimated rent

Price / rent ratio

Listings

FHFA home price index · 2014–2025

81.9% cumulative change over the window. Source: FHFA ZIP-level HPI.

$1.58

Median rent / sqft

2 comps

$140.13

Median sold / sqft

2 comps

—

Walkability

6.0%

Area unemployment

BLS LAUS

Median household income $62,639 · median home value $188,500 · ACS 2024.

8458 Melvin Rd, Melvin, MI 48454

Melvin, MI

7311 Arendt Rd, Melvin, MI 48454

Melvin, MI