The median home value in Melbourne, AR is $84,000. 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 $84,000. Approximately 55.44% of Melbourne homes are owned, compared to 26.3% rented, while 18.26% 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 72556 has a population of 1,925. Melbourne 72556 is more family-centric than the surrounding county with 30.74% 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 72556 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 72556 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.