Melvin, IA Home Values & Market Trends

Real estate market trends reflect that there have been 1 transactions over the past year in Melvin. The median value for residential home transactions that occurred over the previous year is $80,394.5. The number of current listings in Melvin is 1, and the percentage of properties for sale in the city is 1.00%. Melvin, IA currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Melvin, IA Real Estate Market Overview

ZipMedian Est. Value
51350

$ 155,000

$ 72/sqft

Housing Market Summary for Melvin, IA

Mar 2023March 2024Change
Median Listing Price$109.9K$0-100.00%
Median Sold Price$57,000$0-100.00%
Homes For Sale11-
Homes Sold30-100.00%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Melvin, IA

Browse Homes in Melvin, IA

Melvin home values range from $23,177 to $404,598. The median estimated value of a home in Melvin is $80,394.5. The median list price of a home is 155,000, and the total count of properties in the city is 126.

Foreclosure
There is 1 zips within Melvin, IA; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Melvin, IA with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Melvin, IA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Melvin, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Melvin, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Melvin, IA. There is 1 zips within Melvin, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Melvin, IA. Auction homes and other auction properties account for 0% of all properties in Melvin, IA. There is 1 zips within Melvin, IA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.79% of residential properties in Melvin, IA with 51350 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Melvin, IA; homes for sale in that zips, have a range of median values from $155,000 in 51350 to the lowest value of $155,000 in 51350.
    Sold Homes
    The median value for recently sold homes ranges from $95,335 in 51350 to the lowest price of $95,335 in 51350. There is 1 zips within Melvin, IA. 51350 has 1 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.79% of properties in Melvin, IA.

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      Guide for Melvin, IA

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes Melvin, IA

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