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Melvindale, MI Real Estate & Property Data

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Melvindale, MI 48122. ATTOM’s Melvindale real estate data is updated daily, and current market trends show that in Melvindale, MI a total of 173 residential properties have sold over the past year. With a median home price of $160,000 in Melvindale and a total of 1 foreclosures. Get detailed property data for Melvindale, MI instantly. ATTOM is your one-stop-shop for the Melvindale property reports and real estate data you need in Melvindale, MI.

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Total Residential Properties 3,735

Total Commercial Properties 311

Avg. Home Age (Single Family Home) 75 Years

Avg. Square Feet (Single Family Home) 1,000

Total 2025 Residential Sales (year-to-date) 33

% of Homes Seriously Underwater (Q2 2025) 0.75%

Total 2024 Residential Sales 155

% of Equity Rich Homes (Q2 2025) 21.61%

Effective 2024 Property Tax 1.87%

Total Foreclosure Filings (year-to-date) 4

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Melvindale, MI 48122 Real Estate Overview

There were 173 residential properties sold in the past year in Melvindale, MI 48122. The median home value in Melvindale, MI 48122 is $123,640. There are a total of 3,735 residential properties in the 48122.

Median Sales Price i

$160,000

(Feb 2025)

-11.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $160,000
January '25 Jan '25 $140,000
December '24 Dec '24 $119,000
November '24 Nov '24 $101,200
October '24 Oct '24 $177,000
September '24 Sep '24 $145,000
August '24 Aug '24 $157,500
July '24 Jul '24 $118,000
June '24 Jun '24 $122,000
May '24 May '24 $110,000
April '24 Apr '24 $113,500
March '24 Mar '24 $150,000

Median Down Payment i

$9,250

(Feb 2025)

-35.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $9,250
January '25 Jan '25 $23,250
December '24 Dec '24 $17,587
November '24 Nov '24 $19,800
October '24 Oct '24 $21,403
September '24 Sep '24 $7,000
August '24 Aug '24 $4,995
July '24 Jul '24 $5,750
June '24 Jun '24 $16,200
May '24 May '24 $4,750
April '24 Apr '24 $12,500
March '24 Mar '24 $30,000

Number of Homes Sold i

(Feb 2025)

-33.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 12
January '25 Jan '25 21
December '24 Dec '24 10
November '24 Nov '24 10
October '24 Oct '24 13
September '24 Sep '24 14
August '24 Aug '24 16
July '24 Jul '24 13
June '24 Jun '24 15
May '24 May '24 8
April '24 Apr '24 9
March '24 Mar '24 14

Number of Purchase Loans i

(Feb 2025)

+12.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 9
January '25 Jan '25 16
December '24 Dec '24 10
November '24 Nov '24 4
October '24 Oct '24 4
September '24 Sep '24 11
August '24 Aug '24 13
July '24 Jul '24 11
June '24 Jun '24 8
May '24 May '24 5
April '24 Apr '24 3
March '24 Mar '24 8

Number of REFI Loans i

(Feb 2025)

-66.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 3
January '25 Jan '25 6
December '24 Dec '24 4
November '24 Nov '24 6
October '24 Oct '24 9
September '24 Sep '24 11
August '24 Aug '24 5
July '24 Jul '24 8
June '24 Jun '24 7
May '24 May '24 8
April '24 Apr '24 5
March '24 Mar '24 6

Number of HELOC Loans i

List Graph

1 year 3 years

5 years

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 1
November '24 Nov '24 2
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 3
July '24 Jul '24 2
June '24 Jun '24 4
May '24 May '24 2
April '24 Apr '24 2
March '24 Mar '24 N/A

Melvindale, MI 48122 Real Estate Market Overview

Last 30 days

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Street
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Melvindale, MI 48122 Foreclosure Activity

There were a total of 1 Melvindale, MI 48122 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 1 Melvindale, MI 48122 properties and repossessed 1 Melvindale, MI 48122 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

List Graph

1 year 3 years

5 years