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MELVIN, MI 48454

Real Estate Market Report  ·  Sanilac County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇩ 50% vs 6 last year
Pending
1
33% pending ratio
Median Price
$289,900
⇧ 36.5% vs $212,450 last year
Average Price
$289,900
⇧ 36.5% vs $212,450 last year
Days on Market
63
⇩ 41.1% vs 107 days last year

Market Context

Population: 1,162  ·  Density: 14.9/mi²  ·  Median household income: $57,772

Typical home value: $167,015  ·  Homeownership: 91.0%

Market Analysis

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 6 last year
  • Days on market: 63 now vs 107 last year

Median & Average Pricing

Year over Year
  • Median: $289,900 (+36.5% YoY)
  • Average: $289,900 (+36.5% 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 21.7 miles — 182 listings ($70,461,244 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48454Melvin, MI 484540.0 mi3$869,700$289,900$289,900
48466Peck, MI 484665.3 mi5$1,087,375$196,950$217,475
48422Croswell, MI 484229.5 mi10$2,321,780$219,000$232,178
48022Emmett, MI 4802211.9 mi5$1,387,390$265,000$277,478
48401Applegate, MI 4840113.2 mi4$1,351,332$279,750$337,833
48450Lexington, MI 4845014.4 mi30$11,450,130$274,900$381,671
48444Imlay City, MI 4844415.2 mi29$12,017,716$331,950$414,404
48049North Street, MI 4804916.7 mi9$3,822,480$399,900$424,720
48059Fort Gratiot, MI 4805918.0 mi23$8,014,327$289,000$348,449
48002Allenton, MI 4800218.8 mi5$3,154,800$359,900$630,960
48461North Branch, MI 4846119.6 mi22$6,311,536$240,000$286,888
48412Attica, MI 4841220.0 mi10$3,955,140$399,000$395,514
48003Almont, MI 4800321.7 mi27$14,717,538$519,495$545,094

Frequently Asked Questions

How many homes are for sale in MELVIN, MI 48454?

As of January 2026, there are 3 active listings in MELVIN, MI (zip code 48454), compared to 6 the prior year.

What is the median home price in MELVIN, MI 48454?

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.

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

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.

Is it a seller's or buyer's market in MELVIN, MI 48454?

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.

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

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.