Market Overview
Home Prices in Mellen, WI
The median home value in Mellen, WI is $128,826 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 7.6% compared to a year ago and down 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mellen are priced69% below average.
Price History
Mellen Home Price Trend
2024
$147,709
$148K
—
2025
$139,382
$139K
-5.6%
2026
$128,826
$129K
-7.6%
City Comparison
Mellen vs. National Median
🏠 Mellen
$128,826
National Median
$410,000
At $128,826, homes in Mellen cost 69% below the national median of $410,000. This makes Mellen a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mellen?
20% Down Payment
$25,765
on $128,826
Monthly P&I
$672/mo
30-yr @ 6.8%
Total Monthly Est.
~$853/mo
incl. taxes & insurance
Income Needed
$34,120
gross annual (30% rule)
10% Down Option
$12,883
+ PMI applies
Loan Amount (20% dn)
$103,061
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mellen, WI?
The median home value in Mellen is $128,826 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 7.6% year-over-year.
How much have home prices changed in Mellen?
Over the past year, home values in Mellen have decreased by 7.6%.
How much do I need to earn to buy a home in Mellen?
To comfortably afford the median home price of $128,826 with a 20% down payment ($25,765) at today's rates (6.8%), you'd need a gross annual income of approximately $34,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Mellen compare to the national average home price?
The national median home value is approximately $410,000. At $128,826, homes in Mellen are 69% below the national average.