Melvin, MI Real Estate Market Summary – September 8, 2026
In the last 30 days, Melvin, MI has seen a total of 4 homes sold, with properties moving at a pace of one every 7.5 days. The average living area for these sold homes is approximately 1,667 square feet, and the average sale price stands at $631,463.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1667 |
| Median Sales Price | $209,875 |
| Average Sales Price | $631,463 |
| Average Price Per SQFT | $102 |
| Average Days on Market | 18 |
| Average Year Built | 1937 |
Melvin, MI Single Family Home Analysis
All 4 homes sold in the single-family segment had a median sale price of $209,875 and spent an average of 18 days on the market before the sale was finalized.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1667 |
| Median Sales Price | $209,875 |
| Average Sales Price | $631,463 |
| Average Price Per SQFT | $102 |
| Average Days on Market | 18 |
| Average Year Built | 1937 |
Melvin, MI Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Pace of listings is 1 every 7.5 days.
- Homes were on the market for an average of 18 days before selling.
- Average living area for homes sold is approximately 1,667 square feet.
- Average sale price of homes sold is $631,463.
Conclusion
Overall, the market in Melvin is characterized by a modest level of activity over the past month. With a stable average sale price and consistent pacing, potential sellers and buyers can gauge the current market conditions effectively.