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Melvindale Market Trends

Today, December 8, 2009

Median Sales Price in Melvindale

Embed Info
1 yr 5 yr Max
Melvindale median sales prices
Number of sold homes in Melvindale
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$43,500-29.8%$47,250$61,943$94,900
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Melvindale Summary

The median sales price for homes in Melvindale MI for Sep 09 to Nov 09 was $43,500. This represents a decline of 7.9%, or $3,750, compared to the prior quarter and a decrease of 29.8% compared to the prior year. Sales prices have depreciated 54.2% over the last 5 years in Melvindale.

The average listing price for Melvindale homes for sale on Trulia was $82,828 for the week ending Dec 02, which represents a decline of 0.6%, or $504, compared to the prior week and an increase of 0.4%, or $322, compared to the week ending Nov 11.

 

Average Listing Price in Melvindale

Embed Info
1 yr 5 yr Max
Melvindale average property price
Melvindale – number of properties
No. BedroomsWeek ending
Dec 2
w-o-wWeek ending
Nov 25
Week ending
Nov 18
Week ending
Nov 11
1 bedroom-----
2 bedrooms$62,711+3.9%$60,331$59,591$62,198
3 bedrooms$63,433-3.3%$65,595$65,045$65,636
4 bedrooms$121,0830.0%$121,083$121,083$108,061
All properties$82,828-0.6%$83,332$81,650$82,506
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Homes for Sale in Melvindale

17924 Henry Street, Melvindale MI
17924 Henry…
$110,000
3 br  1 ½ ba
17379 Eddon Street, Melvindale MI
17379 Eddon…
$39,900
3 br  1 ba
17457 Prospect Street, Melvindale MI
17457 Pros…
$44,900
3 br  1 ba
19012 Henry Street, Melvindale MI
19012 Henry…
$69,900
3 br  2 ba
2584 Emily Street, Melvindale MI
2584 Emily…
$149,000
4 br  3 ba
17315 Allen Road, Melvindale MI
17315 Allen…
$199,900
 
View all Melvindale Homes for Sale
 
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Melvindale

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
Dearborn
$75,000
$114,579
Allen Park
$81,600
$101,405
Lincoln Park
$51,800
$67,190
Ecorse
$69,151
$63,023
Dearborn Heights
$79,953
$97,254
Southgate
$86,750
$101,075
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Advice

Recent Q&A in Melvindale, MI

Q: my agent is giving me the runaround on a pending offer, i put a cash offer is it too late to switch agents 4 answers
Q: my agent is giving me the runaround on a pending offer, i put a cash offer is it too late to switch agents 1 answer
Q: my agent is giving me the runaround on a pending offer, i put a cash offer is it too late to switch agents 4 answers
Q: i'm confused i see a house that bank owned selling for 80,000 and then see it maybe a month later and it sold 2 answers
Q: Taking a legal action aginst a realtor. 5 answers

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Nearby Cities Real Estate

  • Dearborn Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Dearborn Home Prices
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Melvindale Stats & Trends

  • Melvindale Real Estate Overview
  • Melvindale Schools
  • Melvindale Community Info
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Our real estate market trends page gives you a valuable overview of the Melvindale real estate market. Find Melvindale properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Melvindale average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Melvindale housing statistics are available for each Melvindale, MI neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.