Lots & Land For Sale in Melbourne, IA
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The prices shown are the median list prices.Rhodes Homes for sale
$607,400
50162, IA Homes for sale
$239,900
50234, IA Homes for sale
$607,400
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Melbourne, IA real estate market trends
Statistics as of November 2026
$230K
Avg. list price
$144/Sqft
Avg. price/sqft
5
Homes for sale
1,680 Sqft
Avg. home size
21 Days
Avg. days on market
Movoto makes it easy to track market trends in Melbourne, IA. Whether you’re entering the market or planning your next move, understanding these key metrics can guide smart decisions. Looking for more detailed housing market stats in Melbourne, IA?
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Frequently Asked Questions about Melbourne, IA
In November 2026 Melbourne homes were listed to buy for a median price of $230K, The median value of a home listed to buy in Melbourne in November 2026 was $144 per sqft, which is a 5% decrease to October 2025 last month, and a 5% decrease to November 2025 last year.
It is affordable to live in Melbourne. Buying a home in Melbourne is 1% less expensive compared with the national average.
Yes now is a good time to buy property in Melbourne, in November 2026, homes in Melbourne have decreased in value (price per sqft) by 5% in the last year compared with November 2025.
The housing market in Melbourne is slowing down. In November 2026, homes to buy in Melbourne spent an median 24 days on the market, a 29% decrease from November 2025 last year.
In November 2026, Melbourne homes were listed to buy for a median price of $230K, with 25% down you would need $1.4K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $48K.
Yes now is a good time to sell your house in Melbourne, in November 2026, homes in Melbourne have decreased in value (price per sqft) by 5% in the last year compared with November 2025.