Zip 54546 (Mellen, WI) Housing


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United States / Wisconsin / No Metro Area / Ashland County / Mellen / Mellen (zip 54546)
The housing market in 54546 Mellen, WI is very strong. The median value of housing in the area is $91,800, significantly lower than the US median house value of $338,100. However, despite the lower value the area has seen a much higher rate of appreciation over the past year and houses have grown by 16.22% compared to just 8.27% for the US as a whole. This shows a very positive trend in the area and can be an attractive option for those looking to invest in property or buy a home.

The median home cost in Mellen (zip 54546) is $91,800. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Mellen (zip 54546) is up 28.9%.

Average Age of Homes
- The median age of Mellen (zip 54546) real estate is 49 years old
The Rental Market in Mellen (zip 54546)
- Renters make up 12.0% of the Mellen (zip 54546) population
- 4.0% of houses and apartments in Mellen (zip 54546), 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

  HousingMellen, WisconsinUnited States
  808.0139,647,020.0
  5942
  $91,800$338,100
  28.9%16.6%
  67.4%57.0%
  70.7%101.1%
  $15.15$10.98
  $1,362$2,690
  51.1%57.4%
  38.0%11.2%
  10.9%31.4%
  Vacant Housing
  4.0%1.9%
  0.6%0.4%
  1.2%0.7%
  0.0%0.4%
  23.5%3.6%
  8.7%4.1%
  Value of Owner-Occupied Housing
  6.3%2.6%
  9.7%2.4%
  11.1%2.8%
  14.3%3.9%
  9.0%4.5%
  14.8%11.3%
  12.3%13.0%
  15.7%20.1%
  2.4%13.6%
  2.4%8.3%
  1.5%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.5%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  10.3%13.6%
  10.3%13.6%
  9.0%13.6%
  10.0%13.2%
  11.5%14.8%
  9.0%13.6%
  4.6%10.0%
  12.6%4.7%
  31.7%12.2%
Commute

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