City:
Melvindale is a city in the state of michigan with a population of roughly 10,348. It is in Wayne County, Michigan the Detroit-Warren-Dearborn, MI core-based statistical areas (CBSA), and the Detroit-Warren-Ann Arbor, MI combined statistical area (CSA).Its Zip codes include 48122 .
Real estate in Melvindale, Michigan is a hot commodity. The city has seen an influx of people in recent years, and with that comes a need for more housing. This has led to an increase in the prices of homes and apartments.
There are a number of factors that have contributed to the high demand for real estate in Melvindale. First and foremost is the city's growing population. Since 2010, Melvindale's population has increased by almost 10%, which has created a need for more housing. Additionally, Melvindale is located within close proximity to Detroit Metropolitan Area, which means that there is a large pool of potential buyers who are looking for homes in this area.
Another factor that contributes to the high demand for real estate in Melvindale is the fact that this area is considered to be prime real estate territory. This means that there are many desirable features associated with this area, such as access to excellent schools and transportation options. Furthermore, many people believe that Melvindale offers a unique lifestyle that cannot be found elsewhere in Metro Detroit.
Price Index: Detroit-Dearborn-Livonia, MI (MSAD)