The housing in Melville, MT (59055) is a great investment! According to the data, the median value for housing in this area is $240,400, which is significantly lower than the US house median value of $338,100. However, the 1-year house appreciation rate in Melville is almost three times higher than the rest of the country; 21.29% compared to 8.27%. This makes it an attractive option for those looking to purchase a home and benefit from price appreciation over time.
The median home cost in Melville (zip 59055) is $240,400. Home appreciation the last 10 years has been 117.4%. Home Appreciation in Melville (zip 59055) is up 19.9%.
Average Age of Homes
- The median age of Melville (zip 59055) real estate is 67 years old
The Rental Market in Melville (zip 59055)
- Renters make up 22.9% of the Melville (zip 59055) population
- 0.0% of houses and apartments in Melville (zip 59055), 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.