Zip 59054 (Melstone, MT) Housing

The housing market in 59054 Melstone, MT is an attractive investment opportunity for potential homeowners as the median value of homes in this area is $194,500, significantly less than the US House Median Value of $338,100. Furthermore, the US 1 year House Appreciation rate is 8.27%, while house 1 year appreciation in this area is 21.29%. This means that those who purchase a home in Melstone MT could potentially benefit from strong capital appreciation over time.

The median home cost in Melstone (zip 59054) is $194,500. Home appreciation the last 10 years has been 117.4%. Home Appreciation in Melstone (zip 59054) is up 19.9%.

Average Age of Homes

- The median age of Melstone (zip 59054) real estate is 45 years old

The Rental Market in Melstone (zip 59054)

- Renters make up 7.6% of the Melstone (zip 59054) population
- 0.0% of houses and apartments in Melstone (zip 59054), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Melstone, Montana	United States
	190.0	139,647,020.0
	54	42
	$194,500	$338,100
	19.9%	16.6%
	68.8%	57.0%
	117.4%	101.1%
	$7.59	$10.98
	$1,205	$2,690
	56.8%	57.4%
	25.8%	11.2%
	17.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	5.3%	0.7%
	1.6%	0.4%
	3.2%	3.6%
	15.8%	4.1%
Value of Owner-Occupied Housing
	10.2%	2.6%
	2.8%	2.4%
	4.6%	2.8%
	11.1%	3.9%
	4.6%	4.5%
	6.5%	11.3%
	31.5%	13.0%
	12.0%	20.1%
	10.2%	13.6%
	0.0%	8.3%
	0.9%	9.7%
	0.9%	3.9%
	4.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.6%	13.6%
	1.6%	13.6%
	12.1%	13.6%
	6.8%	13.2%
	21.1%	14.8%
	12.1%	13.6%
	7.9%	10.0%
	7.4%	4.7%
	27.9%	12.2%

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