$145,000
3 bd1 ba820 sqft
18057 Wood St
Melvindale, MI Housing Market
$139,543
4.5% 1-yrThe average Melvindale, MI home value is $139,543, up 4.5% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Melvindale Key Takeaways
Typical Home Values: $139,543
1-year Value Change: +4.5%
(Data through March 31, 2025)
Melvindale Housing Market Overview
--1-year Market Forecast
19For sale inventory(March 31, 2025)
8New listings(March 31, 2025)
--Median sale to list ratio
--Median sale price(February 28, 2025)
$142,433Median list price(March 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Melvindale
- NameMedian ZHVI
- Boynton$59,085
- Springwells Park$314,648
- Snow Woods$226,540
- Salina$180,487
- Eastborn$222,516
- Woodworth$222,287
- Henry Ford$209,820
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Melvindale Rental Market Trends
$945Average rent in Melvindale(March 31, 2025)
$2,005National average rent(March 31, 2025)
1.2%Month-over-month change(March 31, 2025)
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
