All Countries
Melody Hill, IN
Full City Profile · Indiana · Vanderburgh County County
3.6
/5.0
B+
Good
3,435
Population
2,507/sq mi density
$90,561
Median Income
$41,446 per capita
$192,000
Home Value
$194,790 Zillow
$1,099
Median Rent
19.3% income on rent
57°F
Avg Temperature
293 sunny days/yr
518
Violent Crime/100K
5,718 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$90,561 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$192,000 home value, $1,099/mo rent
F
Safety
1.0 / 5.0
518 violent crimes/100K (36% above avg)
B+
Education
3.8 / 5.0
34.7% bachelor's degree or higher
Housing Overview
Median Home Value
$192,000
32% below
US avg: $281,900
Median Rent
$1,099/mo
6% below
US avg: $1,163/mo
Homeownership Rate
92.0%
41% above US avg (65.4%)
Total Housing Units
1,430
Median year built: 1973
Home Value by Source
Census Median
$192,000
Zillow (ZHVI)
$194,790
Median Sale Price
$321,500
Median List Price
$277,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.0%
Owner-Occupied
8.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,099/mo
Market Indicators (Redfin)
Median Days on Market
60 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$131
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
19.3%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
92.0%
Complete Housing Data
Home Values
| Census Median Value | $192,000 |
| Zillow Home Value (ZHVI) | $194,790 |
| Median Sale Price | $321,500 |
| Median List Price | $277,500 |
| Price Per Sq Ft | $131 |
Rent
| Census Median Rent | $1,099 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 60 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 4 |
| Active Inventory | 5 |
| Price Per Sq Ft | $131 |
Ownership & Stock
| Owner-Occupied | 92.0% |
| Renter-Occupied | 8.0% |
| Homeownership Rate | 92.0% |
| Total Housing Units | 1,430 |
| Median Year Built | 1973 |
| Rent Burden | 19.3% |