Housing & Real Estate — Melvin, Iowa
Overview
| Total Housing Units | 123 |
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| Occupied | 107 |
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| Vacant | 16 |
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| Owner-Occupied | 85 |
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| Renter-Occupied | 22 |
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| Median Home Value (Census) | $68,000 |
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| Estimated 2026 | ~$84,000 |
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| Median Rent | $600/mo |
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| Median Property Tax | $825/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 11.0% |
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| Severely Rent-Burdened | 11.1% |
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Housing Age
| Built 2010 or later | 0 |
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| Built 2000-2009 | 2 |
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| Built 1990-1999 | 5 |
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| Built before 1960 | 65 |
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| Median Year Built | 1951 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
