The median home in Melbourne, Arkansas is valued at $166,877, up 3.0% year over year.

Home Value$166,877

+3.0%

AFFORDABILITY

Enter your income for Melbourne.

Income (annual)

Down Payment

$33,375 on $166,877

Affordable — 17.8% of income

Under the 28% guideline.

PITI$1,113

P/I17.8%

Afford$262K

Room+$96K

P&I $844Tax $86Ins $183

6.50% 30yr, 20% down, county tax + AR ins. 28% per HUD.

Other cities in Arkansas

Compare Melbourne with other housing markets across Arkansas.

MELBOURNE, AR