Melbourne, IA Housing Market
The median sale price of a home in Melbourne was $178K last month, down 23.2% since last year. The median sale price per square foot in Melbourne is $128, down 31.6% since last year.
Melbourne Housing Market Trends
In June 2025, Melbourne home prices were down 23.2% compared to last year, selling for a median price of $178K.
since last year
since last year

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Melbourne Migration & Relocation Trends
View houses in Melbourne that sold recently
Recently sold homes
- $145,000—beds1 bath1,357 sq ft702 Butler Ave, Melbourne, IA 50162List Price—Sale to List—Days on Market—702 Butler Ave, Melbourne, IA 50162
- $271,000 Last Sold Price3 beds1.5 baths884 sq ft1060 N 107th Ave W, Baxter, IA 50028List Price$279,000Sale to List3% under listDays on Market54 days1060 N 107th Ave W, Baxter, IA 50028
- $177,5003 beds1 bath1,380 sq ft305 2nd Ave, Melbourne, IA 50162List Price—Sale to List—Days on Market—305 2nd Ave, Melbourne, IA 50162
- $112,0002 beds1 bath1,064 sq ft306 3rd Ave, Melbourne, IA 50162List Price—Sale to List—Days on Market—306 3rd Ave, Melbourne, IA 50162
- $134,000 Last Sold Price2 beds1.5 baths1,069 sq ft605 4th St, Melbourne, IA 50162List Price$137,000Sale to List2% under listDays on Market223 days605 4th St, Melbourne, IA 50162
Schools in Melbourne
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
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 - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Moderate
Heat Factor

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