Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Melson area can be challenging. Home prices in Melson are now at a median cost of $192,676, lower than the Maryland average of $357,815.
The average cost of rent is $1,296/mo in Melson, primarily driven by the current value of real estate in the Melson area. While nearly 37.19% of residents own their homes outright in Melson, 4.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melson is $5,323 per month. Households that rent pay about 24.35% of their income on rent here. Melson's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Walston, MD: equally priced homes
- Parsonsburg, MD: equally priced homes
- Delmar, MD: equally priced homes
- Delmar, DE: equally priced homes
- Pittsville, MD: equally priced homes
- Lowes Crossroads, DE: equally priced homes
- Salisbury, MD: higher priced homes
- Willards, MD: equally priced homes
- Lake Pines, DE: equally priced homes
- Laurel, DE: less expensive homes
Cities with Similar Populations
- Scales Mound, IL: higher priced homes
- Melbourne, IA: less expensive homes
- Menoken, ND: higher priced homes
- Merry, AL: higher priced homes
- Milnor, ND: less expensive homes
- Moss Bluff, FL: less expensive homes
- Rough Rock, AZ: less expensive homes
- Russell, FL: higher priced homes
- Rutledge, AL: less expensive homes
- Rye, TX: equally priced homes
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