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Featured local agent — Melville, LA
Sarah Mitchell
Compass Real Estate · Melville, LA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Melville, LA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$34,900median sale price
How is the Melville, LA housing market right now?
The median home sale price in Melville, LA is $34,900. Homes sell in an average of 68 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of January 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Melville a buyer's or seller's market?
Melville, LA is currently a seller's market, based on 1.0 months of supply and homes selling in about 68 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
68
Average pace
Active listings
1
1.0 months supply
Sale-to-list
100.0%
Above asking
What does the Melville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $34,900 |
| Average days on market | 68 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $13/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Melville by property type?
How the Melville, LA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $34,900 | $13/sq ft | 1 | 68 days |
Source: Redfin · Updated monthly
The Melville housing market is currently classified as a seller's market with a median sale price of $34,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 68 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 1.9x provides context for how home values compare to local earning capacity.
Homes for sale in Melville
There are currently 1 homes listed for sale in Melville, Louisiana.
Active listings
1
Homes on market
Avg. days on market
68
Days until sale
Who lives in Melville?
Population
684
Median income
$41,406/yr
Median age
37.8 years
Owner-occupied
70.4%
College grads
11.6%
Avg commute
43.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Melville?
Zillow home value
$80,724
Price-to-income
1.9x
Source: Zillow Research
What is it like to live in Melville?
Melville is a community of approximately 1K residents with a median age of 37.8 years.The median household income is $41,406, which represents a working-class community with solid middle-income opportunities. 11.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 43.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Melville offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Melville, LA?
Want a head-to-head view? Compare Melville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Melville?
The median home sale price in Melville is $34,900, down 0.0% from last year.
How long do homes stay on market in Melville?
Homes typically spend 68 days on market before going under contract.
What is the median income in Melville?
The median household income is $41,406 per year.
Is Melville a buyer's or seller's market?
With 1.0 months of supply, Melville is currently a seller's market.
What is the Zillow home value estimate for Melville?
The Zillow Home Value Index (ZHVI) for Melville is $80,724, representing the typical home value in the area.
How much does a single-family home cost in Melville?
The median single-family home price in Melville, LA is $34,900 (about $13 per square foot).
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