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Housing in Melody Hill

60 homes sold in Melody Hill in the last year, at a typical $276K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Melody Hill homes are listed.

Homes sold
60
October 2025 to September 2026
Typical sale price
$276K
median, weighted by sales
Price per square foot
$151
Indiana $149
Paid vs. asking
98.7%
31% sold over asking
For sale now
6
September 2026 · 4 sold that month
What sold · last 12 months

Houses are 100% of Melody Hill’s sales, at a typical $268K (year to May 2026)

60 homes sold in the year to September 2026.

Houses$268K

typical sale · 57 sold in the year to May 2026

Per square foot
$148IN $148
Days to sell
19
Sold over asking
30%
Listings with a price cut
48%
11 years of sales

About as many homes sell as usual, at twice the 2016 price

60 sales in the last year, against 83 in 2015 and a low of 56 in 2023. The typical sale went from $141K in 2016 to $276K.

Homes soldTypical sale price
0255075100$150K$200K$250K$300K2015: 83 sold, typical $138K’152016: 77 sold, typical $141K2017: 82 sold, typical $156K’172018: 81 sold, typical $166K2019: 81 sold, typical $162K’192020: 65 sold, typical $184K2021: 72 sold, typical $197K’212022: 62 sold, typical $220K2023: 56 sold, typical $228K’232024: 57 sold, typical $237K2025: 59 sold, typical $241K’25Last 12 months: 60 sold, typical $276KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $300K buys in Melody Hill

Houseat $148 a sq ft, year to May 2026
The same money in Indianaat $148 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Melody Hill homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Melody Hill are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Melody Hill’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 60 sales.

If you’re buying in Melody Hill

  • Shop in September. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Bid near asking. Buyers paid 98.7% of the list price on average; 31% paid over.
  • Move fast on good ones. 56% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 8 a month), and the most competition: 35% close over asking. September offers nearly as much choice with fewer homes bid up (25%). January has the least competition (12%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 5 new listings a month, 12% sold over asking, 61 days to sellJFeb: 4 new listings a month, 19% sold over asking, 65 days to sellFMar: 6 new listings a month, 21% sold over asking, 51 days to sellMApr: 6 new listings a month, 18% sold over asking, 64 days to sellAMay: 7 new listings a month, 31% sold over asking, 38 days to sellMJun: 8 new listings a month, 34% sold over asking, 42 days to sellJJul: 8 new listings a month, 35% sold over asking, 41 days to sellJAug: 7 new listings a month, 31% sold over asking, 46 days to sellASep: 7 new listings a month, 25% sold over asking, 44 days to sellSOct: 6 new listings a month, 27% sold over asking, 39 days to sellONov: 6 new listings a month, 29% sold over asking, 34 days to sellNDec: 2 new listings a month, 20% sold over asking, 62 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Indiana

Melody Hill now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price31%15%51%17%
Gone within two weeksShare of homes under contract within 14 days56%2%0%35%
Price paid vs. askingAverage sale price ÷ list price98.7%98.5%100.8%97.5%
Days to sellMedian days from listing to contract19604338
Supply

6 homes for sale on a typical day

That’s 1.8 times the 2023 low (3), 68% fewer than in 2017–19 and well under 2015’s 27.

2015: 27 for sale’152016: 19 for sale2017: 22 for sale2018: 18 for sale’182019: 15 for sale2020: 11 for sale2021: 8 for sale’212022: 5 for sale2023: 3 for sale2024: 8 for sale’242025: 6 for saleLast 12 months: 6 for saleNow
Across Indiana

Melody Hill ranks 5th of 146 busy Indiana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Melody Hill is one of the state’s hottest markets.

Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Melody Hill home costs about $1,622 a month

Mortgage
Property tax
Insurance
Rent

Price: Melody Hill’s typical sale, last 12 months. Property tax at Melody Hill’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Melody Hill is affordable on local pay is on Cost of living.

Before you buy in Melody Hill

Six things worth knowing

8

New listings in July

The month with the most choice. December has the fewest, about 2.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $276K home, about $2,190 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Melody Hill, from test results, graduation and how much students grow.

Schools in Melody Hill
21 min

Typical commute

The average one-way trip to work for people who live in Melody Hill.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Evansville, Boonville and Henderson sell for less a square foot

The busier markets within 25 miles of Melody Hill, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Evansville1,610$163K$12724%21
Henderson271$206K$13720%30
Boonville93$176K$12522%19
Newburgh81$311K$15726%16
Melody Hill60$276K$15131%19
Chandler38$205K$16436%32
Fort Branch37$205K$14726%19

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Melody Hill, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Melody Hill. People who follow the town see it, and so do people comparing Melody Hill with their own town. No commission, no listing fee.

Questions about buying a home in Melody Hill

What do homes sell for in Melody Hill, IN?

60 homes sold in the year to September 2026 at a typical $276K, $151 a square foot.

Is Melody Hill a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in September 2026 and 4 sold, about 1.4 months of supply. Buyers paid 98.7% of asking on average.

When is the best time to buy in Melody Hill?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Melody Hill?

About 0.8% of a home’s value a year. On a $276K home that’s near $2,190.

Where can I see homes for sale in Melody Hill?

Zillow, Redfin, Realtor.com and Homes.com all carry Melody Hill’s MLS listings; the search links above open each one filtered to Melody Hill.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).