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Melvin 51350

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Iowa
$124K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
2
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$95K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201720182021202220242026
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
201720182021202220242026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201720182021202220242026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201720182021202220242026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201720182021202220242026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201720182021202220242026
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
201720182021202220242026
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
201720182021202220242026
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
201720182021202220242026

Housing Stock

HomesHow many homes we have records for in this area.211
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$95K
Median sizeThe middle home size here, measured in square feet.1,558 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1932
Single familyThe share of homes here that are single-family houses.65%
CondosThe share of homes here that are condos.1.4%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.62%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.11%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.82%
Company ownedThe share of homes owned by a company or trust instead of a person.12%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.33%
Typical ownership tenureHow long the typical owner here has held their home.18.8 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.126
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.14

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.7%
PopulationHow many people live in this area.371
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.9 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$60K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$78K
Average tempThe average temperature here across a full year.46°F
Annual precipHow much rain and melted snow falls here in a typical year.29 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Melvin 51350 compares

By median home value, Melvin 51350 is the 5th most expensive of 5 ZIP codes in Osceola County, and its typical home is worth more than 24% of all homes in Osceola County.

Home values in Melvin 51350

Share of homes at each estimated value.

Median
$40K$286K
ZIP codes in Osceola County ranked by median home value
#Osceola CountyMedian valueHomes
1Harris 51345$190K193
2Sibley 51249$162K1,547
3Ashton 51232$143K370
4Ocheyedan 51354$139K525
5Melvin 51350$95K211

About the Melvin 51350 market

What is the median home price in Melvin 51350, IA?

The median sale price in Melvin 51350, IA is $124,000 (data through April 2026), based on deeds recorded with the county.

How many homes sell in Melvin 51350, IA each year?

2 homes sold in Melvin 51350, IA over the last 12 months (data through April 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Melvin 51350, IA?

Melvin 51350, IA contains 211 residential properties, with a median of 1,558 square feet, 3 bedrooms, built around 1932. The median TopHap Estimate is $95K.

How does Melvin 51350, IA compare to the rest of Osceola County?

By median home value, Melvin 51350, IA is the 5th most expensive of 5 ZIP codes in Osceola County. Its typical home is worth more than 24% of all homes in Osceola County. Ocheyedan 51354 ranks just above it. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Melvin 51350, IA?

82% of homes in Melvin 51350, IA are owner-occupied. 12% are held by a company rather than an individual.

How much equity do owners in Melvin 51350, IA hold?

62% of mortgaged homes in Melvin 51350, IA are equity-rich, meaning the loan balance is under half the home's value. 11.1% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Melvin 51350 on the map

See every recorded sale, price heat map, school zone and flood overlay across Melvin 51350in TopHap’s interactive 3D map.

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