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MELVIN, MI 48454

Real Estate Market Report  ·  Sanilac County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MELVIN, MI real estate market (48454) currently shows 1 active listings, with 1 pending sales. Homes are averaging 159 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 159 days on market compared to 63 days last year.

The median listing price has risen 70.6% year-over-year, from $212,450 to $362,395.

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 Context

Market Context

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

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

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
1
100% pending ratio
Median Price
$362,395
⇧ 70.6% vs $212,450 last year
Average Price
$362,395
⇧ 70.6% vs $212,450 last year
Days on Market
159
⇧ 152.4% vs 63 days last year

Price Per Square Foot

Median $/sqft
$158
⇧ 20.6% vs $131/sqft last year
Median Home Size
2,300 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 159 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $362,395 (+70.6% YoY)
  • Average: $362,395 (+70.6% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.7 miles — 193 listings ($71,390,076 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48454Melvin, MI 484540.0 mi3$952,269$317,423$317,423
48466Peck, MI 484665.3 mi7$1,518,825$195,500$216,975
48422Croswell, MI 484229.5 mi12$2,666,100$214,050$222,175
48022Emmett, MI 4802211.9 mi5$1,357,180$263,000$271,436
48401Applegate, MI 4840113.2 mi5$1,512,395$260,875$302,479
48450Lexington, MI 4845014.4 mi34$13,264,114$320,500$390,121
48444Imlay City, MI 4844415.2 mi21$7,697,172$344,050$366,532
48049North Street, MI 4804916.7 mi8$2,958,104$385,475$369,763
48059Fort Gratiot, MI 4805918.0 mi33$10,136,412$286,475$307,164
48002Allenton, MI 4800218.8 mi6$3,740,760$359,900$623,460
48461North Branch, MI 4846119.6 mi21$6,221,796$296,225$296,276
48412Attica, MI 4841220.0 mi13$5,306,899$426,975$408,223
48003Almont, MI 4800321.7 mi25$14,058,050$546,598$562,322

Frequently Asked Questions

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

As of March 2026, there are 1 active listings in MELVIN, MI (zip code 48454), compared to 3 the prior year.

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

The median listing price in MELVIN, MI 48454 is $362,395 as of March 2026, a 70.6% 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 159 days on the market before going under contract, compared to 63 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 March 2026, MELVIN, MI 48454 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 159 days on market compared to 63 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 $7,248 compared to a typical 5% commission on the median listing price of $362,395. 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.