Prospect, Melvindale, MI 48122
OFF MARKET

Prospect
Melvindale, MI 48122

  • Studio

$194,200

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,365/mo*

$194,200

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,365/mo*
Studio
(on 17.51 acres)

Home Value

Trulia Estimate
$194K
Since last month
Increased$8K (+4.1%)
Since last year
Decreased$3K (-1.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +267% in the last 10 years
MonthEstimated value
2026
August 2026$194K
July 2026$150K
June 2026$187K
May 2026$151K
April 2026$159K
March 2026$160K
February 2026$161K
January 2026$189K
2025
2024
2023
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
$275,000
12/17/25
3
2
2,224
0.10
Single-Family Home
$185,000
07/02/26
4
1
1,944
0.15
Single-Family Home
$180,000
10/01/25
1
652
0.23
Single-Family Home
$105,000
01/26/26
1
733
0.24
Single-Family Home
$177,000
12/29/25
3
1
2,160
0.26
Single-Family Home
$106,600
02/03/26
1
1,017
0.27
Single-Family Home
$151,000
11/06/25
3
1.5
1,750
0.28
Single-Family Home
$180,000
08/22/25
5
2
1,604
0.28
Single-Family Home
$152,000
03/25/26
3
1
1,106
0.29
Single-Family Home
$100,000
03/24/26
2
964

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$149,200
3
1
895
Off Market
0.08
$179,500
4
2
1,324
Recently Sold
0.10
$227,700
4
2
1,700
Off Market
0.10
$185,000
4
1
1,944
Recently Sold
0.10
$275,000
3
2
2,224
Recently Sold
0.11
$149,900
4
1
1,296
For Sale
0.16
$162,900
3
2
1,008
Off Market
0.15
$136,300
3
1
965
Off Market
0.17
$171,100
4
2
1,200
Off Market
0.17
-
Studio
-
1,400
Off Market
0.17
$119,600
2
1
744
Off Market
0.17
$201,300
4
3
2,325
Off Market

Local Information

  • Map ViewExplore the area around Prospect.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
17.51 acres

About this House

This single-family home is located at Prospect, Melvindale, MI. Prospect is in Melvindale, MI and in ZIP code 48122. This property has a lot size of 17.51 acres.
Prospect, Melvindale, MI 48122 is a studio single-family home. It is currently off market. The Trulia Estimate is $194,200, with a rent estimate of $1,597/month.

Home Details for Prospect

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 17.51 acres

Market trends in Melvindale

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
26
5
MoM
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What Locals Say about Melvindale

At least 91 Trulia users voted on each feature.
  • 90 % Say yards are well-kept

  • 87 % Say parking is easy

  • 85 % Say there are sidewalks

  • 79 % Say kids play outside

  • 70 % Say it's dog friendly

  • 70 % Say streets are well-lit

  • 69 % Say it's walkable to restaurants

  • 66 % Say car is needed

  • 65 % Say there's holiday spirit

  • 61 % Say it's quiet

  • 60 % Say it's walkable to grocery stores

  • 59 % Say people would walk alone at night

  • 57 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 43 % Say there's wildlife

  • 42 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Amora Aboali
    "Don’t have your kids go out by themselves. Always watch your surroundings. No one is friendly and no one knows who their neighbour is! "
  • Nicole T.
    "I've lived in this city for many years all four of my kids have attended Melvindale schools. I also coach for the city football / cheer squad. It feels like a family in the city"
  • Nizar0065
    "good neighborhood very nice neighbors and everything. i like to live here. and i hope to get big house. my house is very small."
  • Angelica M.
    "Some really good places to eat and a lot of little shops, from walking distance friendly people. Close to a lot of businesses. Only thing that sucks is no public transportation."
  • DAPHYNE H.
    "schools are fantastic. People look it for others. police are prompt and 1st responders are too. there are all types of nationalities and everyone get along."
  • Elisha W.
    "Its very nice and i like it here yes they walk there dogs they are friendly sometimes you get to touch them"
  • Nicole T.
    "the schools and the City football and cheer Club are like a family and they open their arms for anyone."
  • Emma D.
    "The smog from the marathon plant. The fumes release all the toxicity cause bad heath for human and pets. Cancer Asthma. We lost 2 pets here already due to cancer from the smog."
  • Tiffany
    "Changing rapidly over past couple years for the worst. Break ins, high water bills, ordinance officers fine you for everything but can’t even fix the street pot holes "
  • Omeomiana
    "It’s all industrial, no place to really walk around with a dog, and it’s loud with a lot of heavy traffic especially semi trucks."
  • tbear1432002
    "the crime is up and the people are rude. use to be a great place to live. people don't keep up there lawns. some do "
  • Kim R. S.
    "Large Arabic population with shops and restaurants nearby. Neighbors help each other here on my street."

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Apartments for Rent

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Homes for sale near Prospect

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Off Market Homes Near Prospect

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Frequently asked questions about Prospect

  • What is Prospect estimated to be worth?
    Trulia's estimated value for Prospect in Melvindale, MI is $194,200.
  • Is Melvindale a buyer's or seller's market?
    Melvindale is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Melvindale?
    Residents describe Melvindale, MI as well-kept, easy to park in, and pedestrian-friendly. See recently sold homes in Melvindale, MI.
  • What are the closest schools to Prospect?
    The closest schools to Prospect in Melvindale, MI are Allendale Elementary School (rated 5/10), Julian O. Strong Middle School (rated 4/10), Melvindale High School (rated 6/10).
  • How big is the lot at Prospect?
    The lot at Prospect in Melvindale, MI is about 17.5 acres.