Home prices
The cost of the median home in Melody Hill is $159,200. Compared to nearby areas this is approximately $24,120 (17%) higher.Compared to the entire nation it is roughly $58,300 (26%) lower, and it is approximately $65,000 (69%) higher in comparison to the city of Evansville.
Rents
In Melody Hill the median monthly rent is $1,550. In comparison to the surrounding areas it is roughly $745 (92%) higher.Compared to the rest of the nation it is approximately $488 (45%) higher, and compared to the city of Evansville it is roughly $776 (100%) higher.
Nearby places
Darmstadt
Darmstadt is approximately 5 miles northwest from Melody Hill. The real estate prices there are somewhat more expensive. Darmstadt's median home value is $219,300, which comes out to $60,100 (27%) higher than Melody Hill. Its rents are a lot less expensive. The median monthly rent in Darmstadt is $1,071, which works out to $479 (44%) lower than Melody Hill.
Chandler
Chandler is roughly 6 miles east of Melody Hill. Real estate prices there are substantially less expensive. Chandler's median home price is $92,500, which is $66,700 (72%) lower than Melody Hill. Rents there are a lot less expensive. The median monthly rent in Chandler is $852, which is $698 (81%) lower than Melody Hill.
Newburgh
Newburgh is approximately 7 miles southeast from Melody Hill. The housing prices there are fairly similar. The cost of the median home in Newburgh is $153,500, which is $5,700 (3%) lower than Melody Hill. Rent there is significantly less expensive. Newburgh's median monthly rent is $833, which is $717 (86%) lower than Melody Hill.
Elberfeld
Elberfeld is about 10 miles north from Melody Hill. The real estate prices there are significantly less expensive. The median home in Elberfeld costs $116,300, which is $42,900 (36%) lower than Melody Hill. Rents there are substantially less expensive. In Elberfeld the median monthly rent is $622, which comes out to $928 (149%) lower than Melody Hill.
Boonville
Boonville is about 10 miles east from Melody Hill. Its housing prices are a lot less expensive. The median home cost in Boonville is $93,800, which is $65,400 (69%) lower than Melody Hill. Rents there are substantially less expensive. In Boonville the median rent is $649 a month, which works out to $901 (138%) lower than Melody Hill.