Melbourne, AR · October 2026

Melbourne market snapshot

Distressed inventory, home values and rents in Melbourne, refreshed every month.

See all 6 listings

Distressed homes: 6
Median home value: $134,190
Median rent: $870/mo
12-month value change: +2.6%

Home values over the past year

The median Melbourne home moved from $130,741 in Oct 2025 to $134,190 in Oct 2026, +2.6%.

$143,741 $129,049

Oct 2025 Jan Apr Jul Oct 2026

Median rent

$870/mo

Price range

Sample homes across the Melbourne market.

Entry: $51,608
Typical: $134,505
Upper end: $411,425

This month

Home values: -1.21% MoM; rent: +0.00% MoM.

Oct 2025 $130,741
Nov 2025 $129,049
Dec 2025 $135,046
Jan 2026 $143,741
Feb 2026 $143,609
Mar 2026 $139,391
Apr 2026 $133,537
May 2026 $133,193
Jun 2026 $135,045
Jul 2026 $137,160
Aug 2026 $138,400
Sep 2026 $135,836
Oct 2026 $134,190

What's for sale

Active distressed listings in Melbourne, by type.

Bankruptcy 2
Foreclosure 2
Preforeclosure 2

Distressed listings in Melbourne

A selection of what's on the market now. Inventory changes daily.

Preforeclosure 5 $119,399EMV Ar 9 Spur Hwy Melbourne, AR 72556 3 2 Est. rent $820 Built 2002

See all 6 listings in Melbourne

Schools nearby

Close to homes for sale in Melbourne.

Melbourne Elementary School
Melbourne High School
Ozarka College
Izard County Consolidated Elementary School
Izard County Consolidated High School

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Home values and rents are city-wide medians as of October 2026. Listing counts are live and cover active foreclosure, preforeclosure, auction and other distressed properties in Melbourne, AR.