Housing & Real Estate — Melody Hill, Indiana

Overview

Total Housing Units1,413
Occupied1,413
Vacant0
Owner-Occupied1,300
Renter-Occupied113
Median Home Value (Census)$201,600
Estimated 2026~$226,000
Median Rent$1,099/mo
Median Property Tax$1,596/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income14.0%
Severely Rent-Burdened10.6%

Housing Age

Built 2010 or later36
Built 2000-2009141
Built 1990-1999103
Built before 1960287
Median Year Built1973
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.