Current Price

$127,840

1 Month Forecast

â–² $130,574

1-Year Forecast *

â–¼ $122,962

5-Year Forecast *

â–¼ $100,485

"Is it a good time to buy homes in Mellen?" "Does investing in real estate in Mellen (Wisconsin State, Ashland County) worth it?" According to our live Forecast System, buying a house in Mellen is a bad short-term (1-year) investment*. The Mellen average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mellen" 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 Mellen in Wisconsin State, Ashland County. If you are looking for homes for sale with good flipping profit, Mellen can be a bad, high-risk 1-year investment option. The median price of an average house in Mellen was 127,840 USD on 2026-03-03. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Mellen" area is 100,485 USD by 2031-03-03. For a 5-year investment the profit is expected to be around -21.40% meaning that investing 100000 USD today may yield a profit of 21,398 USD by 2031.

Current Median Listing Price: 127,840 USD Median Listing Price Per Square Foot: 71 USD

Mellen 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.

Mellen (Wisconsin 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.

Mellen Price Target

Mellen median home price target in 12 months: $122,962* (downside of 3.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $138,362 $131,352 $131,352 $138,362
2024 $132,360 $127,840 $126,617 $132,360
2023 $0 $134,406 $0 $136,417
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
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 Mellen Housing Market Forecast

How much does an average home cost in Mellen today?

The value of an average home (the listing price) in Mellen is $127,840 USD.

What is the average price per square foot in Mellen?

According to Walletinvestor the median price per square foot in Mellen is 71 USD.

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

No. The Mellen home prices may drop from 127,840 USD to 122,962 USD in one year.

Is it profitable to invest in Mellen homes?

Based on our forecast, the expected return is -3.82% in one year.

Will Mellen house prices fall / drop?

Yes. See above.

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

The predicted home sales price of a Mellen home in 2030 in Mellen is 104,412 USD.

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

The predicted home sales price of a Mellen home in 2035 in Mellen is 77,937 USD.

Will real estate prices decrease in Mellen?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Mellen is the 18980. largest city in the United States, located in Wisconsin State.

During the last 12 months the real estate prices in Ashland, Mellen decreased, looking at the past 12 months.

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

Median home values decreased by 6.506% to 127,840 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 1.896% in 2021
  • 4.506% in 2022
  • 2.766% in 2023
  • 4.896% in 2024
  • 5.706% in 2025
  • 5.356% in 2026

Based on our Mellen real estate market research and report the predicted sales prices will decrease by 32.230% in the next 10 years.

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

Mellen (Wisconsin) 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
Mellen Housing Market Forecast with Real Estate Prices for 2025
August 2025 130574 122348 138801
September 2025 129416 119063 139770
October 2025 128114 115943 140285
November 2025 127091 115018 139165
December 2025 126985 118731 135239
Mellen Housing Market Forecast with Real Estate Prices for 2026
January 2026 127378 119990 134766
February 2026 126466 119763 133169
March 2026 125298 114146 136449
April 2026 124037 113990 134084
May 2026 123400 113035 133766
June 2026 122663 115548 129777
July 2026 122962 110912 135012
August 2026 123374 116589 130160
September 2026 123848 111834 135861
October 2026 125014 113637 136390
November 2026 124298 115970 132626
December 2026 123544 117120 129968
Mellen Housing Market Forecast with Real Estate Prices for 2027
January 2027 122586 116212 128961
February 2027 121353 109703 133003
March 2027 120132 109680 130583
April 2027 118923 112620 125226
May 2027 118219 110889 125549
June 2027 117170 109672 124669
July 2027 115991 104740 127243
August 2027 115065 103789 126342
September 2027 114969 106576 123362
October 2027 115325 107137 123513
November 2027 114499 104996 124003
December 2027 113442 105841 121042
Mellen Housing Market Forecast with Real Estate Prices for 2028
January 2028 112300 103428 121172
February 2028 111724 103903 119544
March 2028 111056 100839 121273
April 2028 111327 102421 120233
May 2028 111700 102206 121195
June 2028 112129 101701 122557
July 2028 113184 104469 121899
August 2028 112536 105446 119626
September 2028 111854 102346 121362
October 2028 110987 103107 118867
November 2028 109870 99103 120637
December 2028 108764 101151 116378
Mellen Housing Market Forecast with Real Estate Prices for 2029
January 2029 107670 101318 114023
February 2029 107033 97186 116880
March 2029 106083 100037 112130
April 2029 105016 95249 114782
May 2029 104177 98135 110220
June 2029 104090 98573 109607
July 2029 104412 95642 113183
August 2029 103665 96201 111129
September 2029 102707 97264 108151
October 2029 101674 92117 111231
November 2029 101152 93768 108536
December 2029 100547 91699 109395
Mellen Housing Market Forecast with Real Estate Prices for 2030
January 2030 100793 92326 109259
February 2030 101131 96074 106187
March 2030 101519 92483 110554
April 2030 102474 93149 111799
May 2030 101887 93431 110344
June 2030 101270 92156 110384
July 2030 100485 93250 107720
August 2030 99474 93605 105343
September 2030 98473 92564 104381
October 2030 97482 92608 102356
November 2030 96905 90800 103010
December 2030 96045 87017 105074
Mellen Housing Market Forecast with Real Estate Prices for 2031
January 2031 95079 88804 101354
February 2031 94320 86774 101865
March 2031 94241 87173 101309
April 2031 94532 87348 101717
May 2031 93856 87286 100426
June 2031 92989 87316 98661
July 2031 92053 83400 100706
August 2031 91581 83521 99640
September 2031 91033 84206 97860
October 2031 91255 82769 99742
November 2031 91561 85244 97879
December 2031 91913 86582 97243
Mellen Housing Market Forecast with Real Estate Prices for 2032
January 2032 92778 84335 101221
February 2032 92247 83114 101379
March 2032 91687 86645 96730
April 2032 90976 83425 98527
May 2032 90061 83216 96906
June 2032 89155 81131 97179
July 2032 88258 80844 95671

> 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.