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Melvindale, MI Real Estate Market Trends & Home Values

Foreclosures
Pre-foreclosures
Bank Owned
Auction
For Sale
Recently Sold

Melvindale, MI Market Overview

The United States real estate market trends show that a total of 5,768,328 property sales occurred over the past 12 months. Hawaii has the highest median house values at $816,654 followed by California at $748,419. Ohio has the lowest house values in the U.S. housing market averaging $184,829 followed by Iowa at $189,068. Nationally, 231,738 properties are in foreclosure, 3,924 are bank owned, and 34,609 are headed for auction.
Active Residential Inventory
14
Total Inventory

Recently Sold Properties

140
Total Sales (Last 6 Months)
Foreclosures ( 3 )
21.4%
Pre-foreclosures ( 0 )
0%
Bank Owned ( 0 )
0%
Auctions ( 3 )
21.4%
For Sale ( 11 )
78.6%

Melvindale, MI Home Values

$324,209
The median house value in the United States is $324,209. For distressed properties month-over-month, foreclosures changed by 0.01%, bank owned properties by -0.13%, and properties for auction by 0.07%.

Melvindale, MI Real Estate Market Overview

Melvindale, MI Foreclosures Market Overview
Last 24 Hours
Zip Code Median Est. Value
48122
$141,234
$135.00/sqft

There are 50 zip codes within Melvindale, MI; within these zip codes, the median estimated home value for homes in foreclosure ranges from $68,215,976 in New York to the lowest value of $8,113 in Kentucky. Foreclosure homes account for 0.23% of properties in Melvindale, MI with New York containing 72,596 foreclosures, the highest number of foreclosure properties in a single zip code.

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Melvindale, MI

Melvindale, MI Pre-foreclosures Market Overview
Last 24 Hours
Melvindale, MI Bank Owned Market Overview
Last 24 Hours
Melvindale, MI Auction Market Overview
Last 24 Hours
Melvindale, MI For Sale Market Overview
Last 24 Hours
Melvindale, MI Recently Sold Market Overview
Last 6 Months

Top Markets

Last 6 Months
1. 48122

Nearby Cities Melvindale, MI

1.    Allen Park
2.    Lincoln Park
3.    River Rouge
4.    Ecorse
5.    Dearborn
6.    Southgate
7.    Wyandotte
8.    Taylor
9.    Dearborn Heights
10.    Detroit
11.    Inkster
12.    Riverview
13.    Garden City
14.    Grosse Ile
15.    Redford
16.    Highland Park

Nearby Zip Codes Melvindale, MI

1.    48122
2.    48217
3.    48120
4.    48101
5.    48146
6.    48218
7.    48229
8.    48126
9.    48209
10.    48124
11.    48210
12.    48195
13.    48192
14.    48228
15.    48128
16.    48125
17.    48180
  • Real Estate Market Trends
  • Michigan
  • Wayne County
  • Melvindale
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