Melbourne, AR Housing Market
The Melbourne housing market is somewhat competitive. The median sale price of a home in Melbourne was $120K last month, up 48.4% since last year. The median sale price per square foot in Melbourne is $116, up 88.6% since last year.
Melbourne Housing Market Trends
since last year
since last year
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Melbourne housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 32 days.
- Hot homescan sell for around list price and go pending in around 22 days.
Melbourne Migration & Relocation Trends
Home offer insights for Melbourne
Recent offers
View houses in Melbourne that sold recently
Recently sold homes
- $295,000 Last Sold Price3 beds2.5 baths2,217 sq ft486 Allen St, Melbourne, AR 72556List Price$300,000Sale to List2% under listDays on Market150 days486 Allen St, Melbourne, AR 72556
- $140,000 Last Sold Price3 beds1 bath1,392 sq ft45 Rebecca St, Melbourne, AR 72556List Price$135,000Sale to List4% over listDays on Market-1 days45 Rebecca St, Melbourne, AR 72556
- $54,000 Last Sold Price—beds—baths—sq ft4 Ridge Top Rd, Melbourne, AR 72556List Price$75,000Sale to List28% under listDays on Market76 days4 Ridge Top Rd, Melbourne, AR 72556
- $407,000 Last Sold Price3 beds3 baths3,309 sq ft95 Firethorne Ln, Melbourne, AR 72556List Price$429,900Sale to List5% under listDays on Market97 days95 Firethorne Ln, Melbourne, AR 72556
- $54,000 Last Sold Price—beds—baths—sq ft4 Ridgetop Rd, Melbourne, AR 72556List Price$54,000Sale to List0% over listDays on Market—4 Ridgetop Rd, Melbourne, AR 72556
- $180,000 Last Sold Price2 beds2 baths1,132 sq ft455 Jumbo Rd, Melbourne, AR 72556List Price$169,900Sale to List6% over listDays on Market37 days455 Jumbo Rd, Melbourne, AR 72556
- $490,000 Last Sold Price4 beds2.5 baths2,640 sq ft790 Possum Trot Rd, Melbourne, AR 72556List Price$499,900Sale to List2% under listDays on Market183 days790 Possum Trot Rd, Melbourne, AR 72556
- $164,000 Last Sold Price3 beds1 bath1,125 sq ft4227 W Ar 58 Hwy, Melbourne, AR 72556List Price$169,900Sale to List3% under listDays on Market50 days4227 W Ar 58 Hwy, Melbourne, AR 72556
See all recently sold homes in Melbourne.
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Schools in Melbourne
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Melbourne Elementary School Public • PreK-6 | 454 Students | 1 reviews |
NR Ozarka College Technical Center Public • N/A | - Students | N/A |
Climate's impact on Melbourne housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Melbourne.
Flood Factor
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Wind Factor
Heat Factor
Transportation in Melbourne
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