House Prices

House Prices & Home Values Melvin, KY 2026


Average Data

average house price$150,000
average size per house2015 ft²
average price per ft²75 $ / ft²

04/04/2026 - The value range (VR) for house prices in Melvin, KY is $74/ sqft to $74/ sqft. An average home with 2015 sqft costs approximately $149,110 to $149,110. Melvin, KY includes 1 ZIP codes and it is located in Floyd county. The lowest prices are found in ZIP 41650, while the highest are in ZIP 41650. The average price per sqare feet is $75. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Melvin

4165076 $ / ft²




Historical development of home values in Melvin

Year Estimated value (USD) Change vs. 2025
2010 $69,663 -53.6%
2011 $66,969 -55.4%
2012 $66,789 -55.5%
2013 $69,285 -53.8%
2014 $72,730 -51.5%
2015 $76,463 -49.0%
2016 $80,453 -46.4%
2017 $84,796 -43.5%
2018 $89,484 -40.3%
2019 $93,633 -37.6%
2020 $98,473 -34.4%
2021 $112,003 -25.3%
2022 $130,570 -13.0%
2023 $137,692 -8.2%
2024 $145,658 -2.9%
2025 $150,000 0.0%

Graph: estimated home values in Melvin over time (USD)



Example: 100% financing house in Melvin

Loan amount: $150,000

Interest rate: 6.00%

Fixed monthly payment: $899.33

Breakdown in the 1st month:
Interest portion: $750.00  –  Principal portion: $149.33

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,949.89 $1,842.02 $148,157.98
2 $8,836.28 $1,955.63 $146,202.35
3 $8,715.66 $2,076.25 $144,126.11
4 $8,587.60 $2,204.31 $141,921.80
5 $8,451.65 $2,340.26 $139,581.54
6 $8,307.30 $2,484.61 $137,096.93
7 $8,154.06 $2,637.85 $134,459.08
8 $7,991.36 $2,800.55 $131,658.53
9 $7,818.63 $2,973.28 $128,685.25
10 $7,635.24 $3,156.66 $125,528.59
11 $7,440.55 $3,351.36 $122,177.23
12 $7,233.84 $3,558.07 $118,619.16
13 $7,014.39 $3,777.52 $114,841.64
14 $6,781.40 $4,010.51 $110,831.13
15 $6,534.04 $4,257.87 $106,573.27
16 $6,271.43 $4,520.48 $102,052.78
17 $5,992.61 $4,799.30 $97,253.49
18 $5,696.60 $5,095.31 $92,158.18
19 $5,382.33 $5,409.57 $86,748.60
20 $5,048.68 $5,743.23 $81,005.38
21 $4,694.45 $6,097.45 $74,907.92
22 $4,318.38 $6,473.53 $68,434.39
23 $3,919.10 $6,872.81 $61,561.59
24 $3,495.20 $7,296.71 $54,264.88
25 $3,045.16 $7,746.75 $46,518.13
26 $2,567.36 $8,224.55 $38,293.58
27 $2,060.08 $8,731.83 $29,561.75
28 $1,521.52 $9,270.39 $20,291.37
29 $949.75 $9,842.16 $10,449.21
30 $342.70 $10,449.21 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Melvin, KY


1500 sqft3900 sqft
Ø selling price$136,126$289,575
Ø fast selling$123,751$260,618
Ø high price sale$148,500$318,533

In 2026, houses in Melvin, KY will be offered at an average price of $75 per square foot. A 1,500 sqft home priced at $136,126 is 23.37% more expensive per square foot than a 3,900 sqft home priced at $289,575. Home prices in Melvin, KY vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $200,476. Sellers who can wait longer may achieve a higher price of up to $245,026.


Melvin, KY: Small-Town Appalachian Charm

Overview

Discover Melvin, KY, a small Appalachian community nestled in scenic Floyd County.
Known for its quiet hollows and neighborly spirit, Melvin offers a glimpse of authentic Eastern Kentucky life.
The area blends mountain beauty with a resilient heritage shaped by coal, crafts, and country values.

Attractions and Culture

Popular things to do in Melvin, KY include exploring nearby trails, creeks, and ridgelines for hiking, fishing, and wildlife watching.
Regional highlights like Jenny Wiley State Resort Park and music venues in the Big Sandy region add culture and recreation within an easy drive.
Local gatherings, church suppers, and bluegrass traditions create a warm sense of community throughout the year.

Living and Access

Living in Melvin, Kentucky appeals to homebuyers seeking affordable real estate, a slower pace, and wide-open mountain views.
State routes connect residents to services and jobs in nearby towns such as Prestonsburg and Pikeville.
While the economy continues to diversify beyond coal, small businesses, healthcare, and education play growing roles.
Whether you?re planning a visit or considering a move, Melvin, KY offers genuine hospitality, natural beauty, and a strong sense of place.



FAQ – Home Values in Melvin

What is the median home value in Melvin in 2026?

In 2026, the typical home value in Melvin is about $150,000 for an average home size of 2015 square feet. This corresponds to an average price of roughly $75 per square foot.

What is the average cost per square foot in Melvin?

In 2026, homes in Melvin sell for an average of around $75 per square foot, with a typical range between $74 and $74 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Melvin is about 2015 square feet, with an estimated 2026 value around $150,000.



Locations close to Melvin, KY

Prestonsburg, KY70 $ / ft²
Printer, KY61 $ / ft²
Stanville, KY122 $ / ft²
Martin, KY62 $ / ft²
Mc Dowell, KY31 $ / ft²
Langley, KY34 $ / ft²
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