The housing market in Meenachil is unique, reflecting the region's NRI wealth. There is a high prevalence of large, multi-story concrete mansions, often featuring a blend of traditional Kerala architecture (sloped roofs with terracotta tiles to combat monsoon rains) and modern global designs.
Unlike dense urban cities, settlements in Meenachil are dispersed. People generally prefer to live in independent houses surrounded by their own plots of agricultural land, rather than in apartments or dense subdivisions. Real estate and land prices are relatively high, driven by the desire of expatriates to invest in property in their home villages.