Melvin Real Estate Market Conditions

  • Median sales price

    $130,000
    -1.46% change since last quarter
  • # Active listings

    3
    30-day change

Melvin Schools and Demographics

Education near Melvin, IL

City County
High School Graduates 87.94 89.56
College Degree - 2 year 9.41 9.1
College Degree - 4 year 10.88 19.15
Graduate Degree 5.59 4.54
Expenditures per Student 11,710 11,717
Students per Teacher 12.6 13

Elementary Schools near Melvin, IL

Grades Students P/T Ratio ZIP
Chatsworth Grade School PK - 04 141 13.5 60921
Clara Peterson Elementary School PK - 02 293 12.2 60957
GCMS Elementary School PK - 05 467 12.3 60936
PBL Eastlawn 03 - 05 303 13.2 60957

Middle Schools near Melvin, IL

Grades Students P/T Ratio ZIP
GCMS Middle School 06 - 08 261 12.3 60936
Iroquois West Elementary School/Thawville 04 - 05 159 17.7 60968
Paxton-Buckley-Loda Junior High School 06 - 08 340 14.2 60957

High Schools near Melvin, IL

Grades Students P/T Ratio ZIP
GCMS High School 09 - 12 311 12 60936
Paxton-Buckley-LODA High School 09 - 12 438 12 60957

Demographics near Melvin, IL

City County
Neighborhood Type Rural
Population 540 13,470
Population Density 1,561 28
Median Age 37.8 43.2
People per Household 2.7 2.3
Median Household Income 41,250 50,851
Average Income per Capita 19,579 26,611

Melvin Real Estate

The median home value in Melvin, IL is $130,000. This is higher than the county median home value of $80,800. The national median home value is $219,700. The average price of homes sold in Melvin, IL is $130,000. Approximately 61.2% of Melvin homes are owned, compared to 20% rented, while 18.8% are vacant. Melvin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melvin real estate agent to arrange a tour today!

Melvin, Illinois has a population of 540. Melvin is less family-centric than the surrounding county with 17.42% of the households containing married families with children. The county average for households married with children is 28.94%.

The median household income in Melvin, Illinois is $41,250. The median household income for the surrounding county is $50,851 compared to the national median of $57,652. The median age of people living in Melvin is 37.8 years.

Melvin Weather

The average high temperature in July is 84.5 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 38.4 inches per year, with 21.8 inches of snow per year.