The Unshakable Investor

Unshakable ZIP Data 48122 | Melvindale, MI Housing Market

Melvindale · Wayne County · Detroit-Warren-Dearborn, MI metro · Michigan · Data updated June 19, 2026

The median sale price in ZIP 48122, Melvindale, Michigan is $157,453 at $140 per square foot. 31 single-family homes sold in the latest period, up 47.1 percent from a year earlier. Homes sit a median of 16 days on market with 1.9 months of supply. Sellers are getting 97.5 percent of list price and 40.0 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$140,335
Average price per sq ft$125
Median sale price$157,453
Median sale price per sq ft$140
Median home size1,124 sq ft
Median new listing price$156,661-2.0%
National size rank8,804

Sales activity

MetricValueYear over year
Homes sold31+47.1%
Median days on market16 days
Months of supply1.9 months
New listings38+7.3%
Active listings49+5.7%
Pending sales31-4.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio97.5%-1.0 pts
Share sold above list40.0%+6.7 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$129,409
3-bedroom
$153,514
4-bedroom
$180,268

These figures describe the single-family market for Melvindale, Michigan ZIP 48122. They are market context, not a substitute for sold comps or a formal appraisal.