The median home value in Melbourne, KY is $190,000. This is lower than the county median home value of $238,300. The national median home value is $338,100. The average price of homes sold in Melbourne, KY is $190,000. Approximately 80.46% of Melbourne homes are owned, compared to 8.62% rented, while 10.92% 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, Kentucky has a population of 499. Melbourne is less family-centric than the surrounding county with 22.77% of the households containing married families with children. The county average for households married with children is 32.72%.
The median household income in Melbourne, Kentucky is $71,528. The median household income for the surrounding county is $65,580 compared to the national median of $69,021. The median age of people living in Melbourne is 55.3 years.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 43.2 inches per year, with 16.2 inches of snow per year.