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Featured local agent — Melody Hill, IN
Sarah Mitchell
Compass Real Estate · Melody Hill, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Melody Hill, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$277,300median sale price
How is the Melody Hill, IN housing market right now?
The median home sale price in Melody Hill, IN is $277,300, up 6.6% year-over-year. Homes sell in an average of 6 days with 3 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Melody Hill a buyer's or seller's market?
Melody Hill, IN is currently a strong seller's market, based on 0.4 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
6
Fast-moving
Active listings
3
0.4 months supply
Sale-to-list
99.4%
Below asking
What does the Melody Hill housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $277,300 |
| Median list price | $274,950 |
| Year-over-year price change | +6.6% |
| Average days on market | 6 days |
| Active inventory | 3 listings |
| Months of supply | 0.4 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 4 |
| Listings with a price cut | 33.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Melody Hill by property type?
How the Melody Hill, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $277,300 | $158/sq ft | 8 | 6 days |
Source: Redfin · Updated monthly
The Melody Hill housing market is currently classified as a strong seller's market with a median sale price of $277,300. Prices have risen 6.6% compared to last year, with homes spending an average of 6 days on market, indicating 0.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Melody Hill
There are currently 3 homes listed for sale in Melody Hill, Indiana. The median listing price is $275K.
Active listings
3
Homes on market
Median list price
$275K
Avg. days on market
6
Days until sale
New this week
4
Newly listed
Who lives in Melody Hill?
Population
3,435
Median income
$90,561/yr
Median age
39.3 years
Owner-occupied
92.0%
College grads
34.7%
Avg commute
21.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Melody Hill?
Melody Hill is a community of approximately 3K residents with a median age of 39.3 years.The median household income is $90,561, which reflects a relatively affluent area with strong earning potential. 34.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 92.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Melody Hill offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Melody Hill, IN?
Want a head-to-head view? Compare Melody Hill side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Melody Hill?
The median home sale price in Melody Hill is $277,300, up 6.6% from last year.
How long do homes stay on market in Melody Hill?
Homes typically spend 6 days on market before going under contract.
What is the median income in Melody Hill?
The median household income is $90,561 per year.
Is Melody Hill a buyer's or seller's market?
With 0.4 months of supply, Melody Hill is currently a strong seller's market.
How much does a single-family home cost in Melody Hill?
The median single-family home price in Melody Hill, IN is $277,300 (about $158 per square foot).
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