Melbourne, IA Real Estate Market Summary – September 7, 2026
In Melbourne, IA, the real estate market has seen a total of 2 homes sold recently, translating to a pace of one home every 15 days. The sold homes have an average living area of 1,296 square feet and a median sale price of $171,500.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 1296 |
| Median Sales Price | $171,500 |
| Average Sales Price | $171,500 |
| Average Price Per SQFT | $131 |
| Average Days on Market | 19 |
| Average Year Built | 1933 |
Melbourne, IA Single Family Home Analysis
The single-family homes in Melbourne reflect similar trends, with 2 homes sold at an average price of $171,500 and an average days on market of 19 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 1296 |
| Median Sales Price | $171,500 |
| Average Sales Price | $171,500 |
| Average Price Per SQFT | $131 |
| Average Days on Market | 19 |
| Average Year Built | 1933 |
Melbourne, IA Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Pace of 1 home every 15 days.
- Average days on market is 19 days.
- Median sale price stands at $171,500.
- No data for condo or townhome sales.
Conclusion
Overall, the market activity in Melbourne, IA is characterized by limited sales in the past month. Buyers and sellers should remain informed of the pace and prices as they navigate the current market.