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These days, finding an affordable place to live in the Melvin Village area can be challenging. Home prices in Melvin Village are now at a median cost of $460,335, higher than the New Hampshire average of $417,591.
The average cost of rent is $1,288/mo in Melvin Village, primarily driven by the current value of real estate in the Melvin Village area. In Melvin Village, 9.11% of households rent, and 39.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Melvin Village is $9,000 per month. Households that rent pay about 14.31% of their income on rent here. Melvin Village’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wawbeek, NH: equally priced homes
- Center Tuftonboro, NH: equally priced homes
- Water Village, NH: equally priced homes
- Mirror Lake, NH: equally priced homes
- Whittier, NH: higher priced homes
- Moultonborough, NH: higher priced homes
- Moultonville, NH: less expensive homes
- Wolfeboro Center, NH: less expensive homes
- Moultonborough Falls, NH: higher priced homes
- Pendleton Beach, NH: higher priced homes
Cities with Similar Populations
- Leipers Fork, TN: higher priced homes
- Worth, MI: less expensive homes
- Lockwood, CA: higher priced homes
- Wren, MS: less expensive homes
- Yanush, OK: less expensive homes
- Lilly, MO: less expensive homes
- Lewellen, NE: less expensive homes
- Yellow Dirt, GA: less expensive homes
- Lengby, MN: less expensive homes
- Woodson, IL: less expensive homes
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