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Foreclosure Homes in Mellen, WI

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Mellen, WI Foreclosures

How much do homes sell for in Mellen, WI?
The average home price is currently $172,597.
In Mellen, WI, how many homes are available?
There are currently 2 active home listings available in Mellen.
What’s the average rental cost in Mellen, WI?
The average rental price in Mellen is $1,394.
What is the most expensive home in Mellen?
The most expensive home sold in Mellen had a price of $1,670,221.
What is currently the cheapest priced home in Mellen, WI?
The cheapest home for sale in Mellen is priced at $15,999.

Living in Mellen, WI

Mellen, WI is a quaint town known for its beautiful natural surroundings and community-oriented lifestyle. With a small population, it offers a peaceful atmosphere that is perfect for outdoor activities like fishing and hiking. Residents enjoy local shops, eateries, and a welcoming environment, making it ideal for families and retirees alike.

Current Market Conditions in Mellen, WI

The real estate market in Mellen, WI is currently experiencing a stable environment, with a modest level of transactions occurring each month. Properties tend to have a fair market value, making it a good opportunity for both buyers and investors looking for affordable options in a rural setting.

There are indications of growth, with more buyers showing interest in the Mellen area due to its natural beauty and recreational opportunities. The demand for homes in this picturesque region suggests that prices may gradually increase, although nothing overly drastic has been noted recently.

Home Value Estimator For Mellen, WI

There are currently 704 real estate properties in Mellen, WI, with a median automated valuation model (AVM) price of $125,150.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mellen, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mellen, WI, is $172,597.00, with the most expensive house in Mellen, WI, topping out at $1,670,221.00 and the cheapest home in Mellen, WI, clocking in at $15,999.00. In other words, there’s something for every potential homebuyer or savvy investor in Mellen, WI!

Rent Prices In Mellen, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mellen, WI, is on a rollercoaster ride. The average rent price in Mellen, WI, is $1,394.00. Indeed, when looking to rent in Mellen, WI, you can expect to pay as little as $870.00 or as much as $2,080.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Mellen, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mellen, WI Foreclosures


Market Trend for Mellen, WI

Total Listings Available: 2

Market Values:

Home Prices from $15,999 to $1,670,221

Average Sales Price: $172,597

Rental Values:

Rental from $870 to $2,080

Average Rent Value: $1,394 / month

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