Melbourne Real Estate
The median home value in Melbourne, AR is $199,950. This is higher than the county median home value of $83,900. The national median home value is $219,700. The average price of homes sold in Melbourne, AR is $199,950. Approximately 52.31% of Melbourne homes are owned, compared to 26.68% rented, while 21.02% are vacant. Melbourne real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melbourne real estate agent to arrange a tour today!
Melbourne, Arkansas has a population of 1,925. Melbourne is more family-centric than the surrounding county with 35.46% of the households containing married families with children. The county average for households married with children is 26.79%.
The median household income in Melbourne, Arkansas is $35,952. The median household income for the surrounding county is $39,135 compared to the national median of $57,652. The median age of people living in Melbourne is 44 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 23.8 degrees. The average rainfall is approximately 48.5 inches per year, with 8.4 inches of snow per year.