ZIP Code Market Report
60952 — Melvin, IL
Data through February 2026 · Updated monthly
Avg Home Value
$113,251
▼ 7.9% year-over-year
Month-over-Month
+1.2%
▲ 1.2%
Single Family
$111,193
Condo / Co-op
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The average home value in the 60952 ZIP code (Melvin, ILLINOIS) is $113,251 as of February 2026. Home prices are declining, down 7.9% compared to last year.
The market in 60952 has a $307,552 spread between bottom-tier homes at $56,063 and top-tier homes at $363,615. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Ford County market area in ILLINOIS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Ford County report.
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Market Snapshot
60952 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $111,592 | $111,916 | $113,251 | ▲ 1.5% |
| Single Family Value | $111,519 | $110,576 | $111,193 | ▼ 0.3% |
Home Values
60952 Home Value Trend
Historical home values for ZIP code 60952. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 60952
How different property types compare in this ZIP code.
All Homes
$113,251
Single Family
$111,193
Bottom Tier
$56,063
Top Tier
$363,615
Data Sources and Methodology
Home value data for ZIP code 60952 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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