The median home value in Melbourne, IA is $251,000. This is higher than the county median home value of $139,000. The national median home value is $338,100. The average price of homes sold in Melbourne, IA is $251,000. Approximately 81.4% of Melbourne homes are owned, compared to 13.29% rented, while 5.32% 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, Iowa has a population of 788. Melbourne is more family-centric than the surrounding county with 39.71% of the households containing married families with children. The county average for households married with children is 34.8%.
The median household income in Melbourne, Iowa is $83,194. The median household income for the surrounding county is $63,591 compared to the national median of $69,021. The median age of people living in Melbourne is 36.9 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 9.7 degrees. The average rainfall is approximately 35.9 inches per year, with 27.3 inches of snow per year.