Population: 1,162 · Density: 14.9/mi² · Median household income: $57,772
Typical home value: $167,015 · Homeownership: 91.0%
Data as of January 2026. Source: Realtor.com.
The MELVIN, MI real estate market (48454) currently shows 3 active listings, with 1 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 63 days on market compared to 107 days last year.
The median listing price has risen 36.5% year-over-year, from $212,450 to $289,900.
Whether you are buying or selling in MELVIN, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48454 | Melvin, MI 48454 | 0.0 mi | 3 | $869,700 | $289,900 | $289,900 |
| 48466 | Peck, MI 48466 | 5.3 mi | 5 | $1,087,375 | $196,950 | $217,475 |
| 48422 | Croswell, MI 48422 | 9.5 mi | 10 | $2,321,780 | $219,000 | $232,178 |
| 48022 | Emmett, MI 48022 | 11.9 mi | 5 | $1,387,390 | $265,000 | $277,478 |
| 48401 | Applegate, MI 48401 | 13.2 mi | 4 | $1,351,332 | $279,750 | $337,833 |
| 48450 | Lexington, MI 48450 | 14.4 mi | 30 | $11,450,130 | $274,900 | $381,671 |
| 48444 | Imlay City, MI 48444 | 15.2 mi | 29 | $12,017,716 | $331,950 | $414,404 |
| 48049 | North Street, MI 48049 | 16.7 mi | 9 | $3,822,480 | $399,900 | $424,720 |
| 48059 | Fort Gratiot, MI 48059 | 18.0 mi | 23 | $8,014,327 | $289,000 | $348,449 |
| 48002 | Allenton, MI 48002 | 18.8 mi | 5 | $3,154,800 | $359,900 | $630,960 |
| 48461 | North Branch, MI 48461 | 19.6 mi | 22 | $6,311,536 | $240,000 | $286,888 |
| 48412 | Attica, MI 48412 | 20.0 mi | 10 | $3,955,140 | $399,000 | $395,514 |
| 48003 | Almont, MI 48003 | 21.7 mi | 27 | $14,717,538 | $519,495 | $545,094 |
As of January 2026, there are 3 active listings in MELVIN, MI (zip code 48454), compared to 6 the prior year.
The median listing price in MELVIN, MI 48454 is $289,900 as of January 2026, a 36.5% increase from $212,450 the prior year.
Homes in MELVIN, MI 48454 spend an average of 63 days on the market before going under contract, compared to 107 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MELVIN, MI 48454 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 63 days on market compared to 107 days last year.
With SELL123.com's maximum 3% commission, sellers in MELVIN, MI 48454 save an estimated $5,798 compared to a typical 5% commission on the median listing price of $289,900. 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.