Adobe Stock
Adobe Stock
From January through June of 2019, there were three homes sold, with a median sale price of $56,000 - a 0.9% increase over the $55,500 median sale price for the same period of the previous year. There were four homes sold in Melvin in the first half of 2018.
The median sales tax in Melvin for the most recent year with available data, 2016, was $923, approximately 1.6% of the median home sale price for the first half of 2019.
The following table compares Melvin to other Ford County cities in the first half of 2019:
| City | Jan. - June 2019 Home Sales | Jan. - June 2018 Home Sales | % change (Total Home Sales) | Jan. - June 2019 Median Sales Price | Jan. - June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gibson City | 25 | 32 | -21.9% | $101,000 | $82,500 | 22.4% |
| Elliott | 5 | 1 | 400% | $95,000 | $110,000 | -13.6% |
| Paxton | 39 | 32 | 21.9% | $76,000 | $94,000 | -19.1% |
| Melvin | 3 | 4 | -25% | $56,000 | $55,500 | 0.9% |
| Roberts | 4 | 2 | 100% | $39,700 | $30,600 | 29.7% |
| Sibley | 5 | 6 | -16.7% | $26,000 | $34,000 | -23.5% |
| Piper City | 6 | 6 | 0% | $25,950 | $84,250 | -69.2% |
Alerts Sign-up