Melbourne, IA Housing Market

The median sale price of a home in Melbourne was $229K last month, down 28.3% since last year. The median sale price per square foot in Melbourne is $141, down 12.7% since last year.

Trends
Demand
Migration
Schools
Climate

Melbourne Housing Market Trends

What is the housing market like in Melbourne today?

In December 2024, Melbourne home prices were down 28.3% compared to last year, selling for a median price of $229K.

$229K

Sale Price

-28.3%
since last year

$141

Sale $/Sq. Ft.

-12.7%
since last year

Under List Price

4.5%

Days on Market

179

Down Payment

—

Total Homes Sold

To compare other locations to the Melbourne and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Melbourne add value to a home.

Melbourne Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Melbourne that sold recently

Recently sold homes

SOLD DEC 6, 2024
$229,000 Last Sold Price
3 beds
3 baths
1,624 sq ft
216 College Dr, Melbourne, IA 50162
List Price
$239,900
Sale to List
5% under list
Days on Market
130 days
216 College Dr, Melbourne, IA 50162
SOLD NOV 27, 2024
$82,000
—beds
1 bath
1,008 sq ft
2425 Jessup Ave, Marshalltown, IA 50158
List Price
—
Sale to List
—
Days on Market
—
2425 Jessup Ave, Marshalltown, IA 50158
SOLD NOV 1, 2024
$1,002,000
4 beds
1 bath
1,920 sq ft
1723 330th St, Melbourne, IA 50162
List Price
—
Sale to List
—
Days on Market
—
1723 330th St, Melbourne, IA 50162

Schools in Melbourne

Learn about schools in the Melbourne area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

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.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

98% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Melbourne

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