Melvin, IL · October 2026

Melvin market snapshot

Distressed inventory, home values and rents in Melvin, refreshed every month.

See all 4 listings

Distressed homes: 4
Median home value: $125,717
Median rent: $890/mo
12-month value change: +25.2%

Home values over the past year

The median Melvin home moved from $100,447 in Oct 2025 to $125,717 in Oct 2026, +25.2%.

$125,841 $100,447

Oct 2025 Jan Apr Jul Oct 2026

Median rent

$890/mo

Price range

Sample homes across the Melvin market.

Entry: $54,780
Typical: $125,009
Upper end: $631,200

This month

Home values: -0.10% MoM; rent: +0.00% MoM.

Oct 2025 $100,447
Nov 2025 $103,199
Dec 2025 $105,088
Jan 2026 $112,689
Feb 2026 $113,864
Mar 2026 $111,878
Apr 2026 $112,835
May 2026 $119,519
Jun 2026 $121,390
Jul 2026 $121,816
Aug 2026 $121,971
Sep 2026 $125,841
Oct 2026 $125,717

What's for sale

Active distressed listings in Melvin, by type.

Bankruptcy 2
Preforeclosure 2

Distressed listings in Melvin

A selection of what's on the market now. Inventory changes daily.

Preforeclosure Price coming soon N 1000e Rd Melvin, IL 60952 Single-Family 2 1 3680 Built 2012

See all 4 listings in Melvin

Schools nearby

Close to homes for sale in Melvin.

Gibson City-Melvin-Sibley Elementary School
Gibson City-Melvin-Sibley Middle School
Gibson City-Melvin-Sibley High School
Paxton-Buckley-Loda schools
Parkland College in Champaign

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Home values and rents are city-wide medians as of October 2026. Listing counts are live and cover active foreclosure, preforeclosure, auction and other distressed properties in Melvin, IL.