Current Price

$66,842

1 Month Forecast

â–² $73,239

1-Year Forecast *

â–² $72,603

5-Year Forecast *

â–¼ $46,718

"Is it a good time to buy homes in Melville?" "Does investing in real estate in Melville (Louisiana State, Saint Landry Parish County) worth it?" According to our live Forecast System, buying a house in Melville is a acceptable short-term (1-year) investment*. The Melville average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Melville" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Melville in Louisiana State, Saint Landry Parish County. If you are looking for homes for sale with good flipping profit, Melville can be a profitable property investment option. The median price of an average house in Melville was 66,842 USD on 2026-03-03. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Melville" area is 46,718 USD by 2031-03-03. For a 5-year investment the profit is expected to be around -30.11% meaning that investing 100000 USD today may yield a profit of 30,107 USD by 2031.

Current Median Listing Price: 66,842 USD Median Listing Price Per Square Foot: 37 USD

Melville Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Melville (Louisiana State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Melville Price Target

Melville median home price target in 12 months: $72,603* (upside of 8.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $82,220 $73,749 $73,749 $82,719
2024 $79,210 $66,842 $66,256 $79,210
2023 $85,260 $82,271 $82,271 $91,491
2022 $94,334 $85,141 $85,141 $95,737
2021 $0 $92,324 $0 $97,459
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Melville Housing Market Forecast

How much does an average home cost in Melville today?

The value of an average home (the listing price) in Melville is $66,842 USD.

What is the average price per square foot in Melville?

According to Walletinvestor the median price per square foot in Melville is 37 USD.

Will the median listing price of homes in Melville grow / rise / go up?

Yes. The Melville home prices may rise from 66,842 USD to 72,603 USD in one year.

Is it profitable to invest in Melville homes?

Yes. The long-term profit potential is +8.62% in one year.

Will Melville house prices fall / drop?

No. See above.

What is the predicted price of a Melville home in 2030?

The predicted home sales price of a Melville home in 2030 in Melville is 53,787 USD.

What is the predicted price of a Melville home in 2035?

The predicted home sales price of a Melville home in 2035 in Melville is 32,419 USD.

Will real estate prices decrease in Melville?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Melville is the 16086. largest city in the United States, located in Louisiana State.

During the last 12 months the real estate prices in Saint Landry Parish, Melville decreased, looking at the past 12 months.

According to Walletinvestor's Melville real estate market research, home values will increase in the next 12 months.

Median home values decreased by 18.441% to 66,842 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 6.978% in 2021
  • 9.798% in 2022
  • 10.418% in 2023
  • 6.798% in 2024
  • 8.568% in 2025
  • 7.488% in 2026

Based on our Melville real estate market research and report the predicted sales prices will increase by 128.570% in the next 10 years.

Over the last 12 months, the value of homes in Melville fluctuated: decreasing 4 times.

Melville (Louisiana) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Melville Housing Market Forecast with Real Estate Prices for 2025
August 2025 73239 68186 78293
September 2025 72917 69052 76782
October 2025 72228 66233 78223
November 2025 71041 66495 75588
December 2025 69693 65651 73736
Melville Housing Market Forecast with Real Estate Prices for 2026
January 2026 68371 63517 73226
February 2026 68290 62349 74231
March 2026 69158 64594 73722
April 2026 70338 65485 75192
May 2026 71539 65172 77906
June 2026 72415 68722 76109
July 2026 72603 68101 77104
August 2026 71770 66603 76938
September 2026 71158 65822 76495
October 2026 70695 66665 74724
November 2026 69593 63330 75856
December 2026 68273 63630 72915
Melville Housing Market Forecast with Real Estate Prices for 2027
January 2027 66977 62021 71934
February 2027 66231 62058 70404
March 2027 65543 59120 71966
April 2027 64915 58618 71212
May 2027 65006 58895 71116
June 2027 65412 62141 68683
July 2027 66528 60208 72848
August 2027 67664 61912 73415
September 2027 68818 65309 72328
October 2027 69040 63793 74287
November 2027 68155 62566 73744
December 2027 66911 61893 71930
Melville Housing Market Forecast with Real Estate Prices for 2028
January 2028 65642 59406 71878
February 2028 64786 60705 68868
March 2028 63557 57583 69532
April 2028 62351 58049 66654
May 2028 61169 56703 65634
June 2028 60008 54547 65469
July 2028 58870 53336 64403
August 2028 57850 53859 61842
September 2028 57132 51533 62731
October 2028 56240 52134 60345
November 2028 55368 52323 58414
December 2028 54327 48948 59705
Melville Housing Market Forecast with Real Estate Prices for 2029
January 2029 53371 48888 57854
February 2029 52803 50057 55548
March 2029 52590 49697 55482
April 2029 53055 48386 57723
May 2029 53960 50884 57036
June 2029 54288 50053 58522
July 2029 53787 50291 57283
August 2029 52766 50128 55405
September 2029 51765 48763 54768
October 2029 50783 47279 54287
November 2029 49820 45934 53706
December 2029 49475 45814 53136
Melville Housing Market Forecast with Real Estate Prices for 2030
January 2030 49257 46597 51917
February 2030 48792 46157 51427
March 2030 47990 45543 50438
April 2030 47080 43878 50281
May 2030 46186 42261 50112
June 2030 46131 41611 50652
July 2030 46718 42934 50502
August 2030 47515 44997 50034
September 2030 48326 44702 51951
October 2030 48918 44809 53028
November 2030 49045 45318 52772
December 2030 48483 44604 52361
Melville Housing Market Forecast with Real Estate Prices for 2031
January 2031 48069 43791 52347
February 2031 47756 43553 51958
March 2031 47012 44520 49503
April 2031 46120 41785 50455
May 2031 45245 41037 49453
June 2031 44741 41698 47783
July 2031 44276 41796 46755
August 2031 43852 41571 46132
September 2031 43913 39697 48129
October 2031 44187 39945 48429
November 2031 44942 41032 48851
December 2031 45709 41366 50051
Melville Housing Market Forecast with Real Estate Prices for 2032
January 2032 46489 42119 50859
February 2032 46638 42348 50929
March 2032 46041 42772 49309
April 2032 45200 41494 48907
May 2032 44343 41239 47447
June 2032 43765 40220 47310
July 2032 42935 39027 46842

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.