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MELVINDALE, MI 48122

Real Estate Market Report  ·  Wayne County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
24
⇧ 26.3% vs 19 last year
Pending
9
38% pending ratio
Median Price
$159,950
⇧ 6.3% vs $150,500 last year
Average Price
$163,275
⇩ 5.6% vs $172,929 last year
Days on Market
64
⇧ 42.2% vs 45 days last year

Market Context

Population: 12,639  ·  Density: 1,793.8/mi²  ·  Median household income: $38,918

Typical home value: $96,268  ·  Homeownership: 59.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MELVINDALE, MI real estate market (48122) currently shows 24 active listings, with 9 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 64 days on market compared to 45 days last year.

The median listing price has risen 6.3% year-over-year, from $150,500 to $159,950.

Whether you are buying or selling in MELVINDALE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 19 last year
  • Days on market: 64 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $159,950 (+6.3% YoY)
  • Average: $163,275 (-5.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.5 miles — 1,013 listings ($176,780,132 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48122Melvindale, MI 481220.0 mi24$3,918,600$159,950$163,275
48120Dearborn, MI 481201.8 mi6$1,873,200$319,900$312,200
48218River Rouge, MI 482182.5 mi43$4,367,596$97,450$101,572
48229Ecorse, MI 482292.9 mi37$3,828,538$99,900$103,474
48209Detroit, MI 482093.6 mi22$4,515,060$195,000$205,230
48125Dearborn Heights, MI 481254.5 mi74$14,710,090$169,900$198,785
48192Wyandotte, MI 481924.9 mi69$19,984,401$204,875$289,629
48195Southgate, MI 481955.4 mi65$14,932,970$199,900$229,738
48180Taylor, MI 481806.0 mi145$29,648,585$173,450$204,473
48204Detroit, MI 482046.2 mi117$10,837,359$85,250$92,627
48127Dearborn Heights, MI 481276.6 mi57$19,072,599$269,500$334,607
48227Detroit, MI 482277.4 mi250$25,865,750$95,000$103,463
48206Detroit, MI 482067.5 mi104$23,225,384$199,999$223,321

Frequently Asked Questions

How many homes are for sale in MELVINDALE, MI 48122?

As of January 2026, there are 24 active listings in MELVINDALE, MI (zip code 48122), compared to 19 the prior year.

What is the median home price in MELVINDALE, MI 48122?

The median listing price in MELVINDALE, MI 48122 is $159,950 as of January 2026, a 6.3% increase from $150,500 the prior year.

How long do homes stay on the market in MELVINDALE, MI?

Homes in MELVINDALE, MI 48122 spend an average of 64 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in MELVINDALE, MI 48122?

Based on current inventory and days-on-market data as of January 2026, MELVINDALE, MI 48122 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 45 days last year.

How much can I save on real estate commission in MELVINDALE, MI?

With SELL123.com's maximum 3% commission, sellers in MELVINDALE, MI 48122 save an estimated $3,199 compared to a typical 5% commission on the median listing price of $159,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.