Melvin, AL

Real estate in Melvin, Alabama is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates. There are a number of reasons for this trend. Melvin is located in the heart of the Birmingham metropolitan area, which is one of the most prosperous areas in the country. Additionally, Melvin is close to several major attractions, including Hoover Dam and Six Flags Over Alabama.

The median home price in Melvin was $130,000 as of September 2017. This figure has increased by more than 20% over the past year. In addition, rental rates have also increased significantly over the past year. The average rent for a two-bedroom apartment was $1,100 as of September 2017. This figure is expected to continue to rise as more people move into Melvin and demand increases for housing units.

There are a number of reasons why real estate in Melvin is so popular right now. First and foremost, it’s located within easy reach of some of the most popular tourist destinations in the country. Secondly, there’s an increasing demand for housing units due to population growth and increasing economic prosperity within the city limits. Finally, Melvin offers buyers an excellent combination of affordability and quality when it comes to real estate options – homes here typically don’t cost too much money but they still offer plenty of features that make them comfortable and attractive homes to live in