Melbourne, KY Home Values & Market Trends

Real estate market trends reflect that there have been $[transaction-count-12mo] transactions over the past year in Melbourne. The median value for residential home transactions that occurred over the previous year is $NaN. The number of current listings in Melbourne is $[for-sale-count], and the percentage of properties for sale in the city is $[for-sale-whole-market-percentage]%. Melbourne, KY currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and $[for-sale-count] properties for sale.

Housing Market Summary for Melbourne, KY

Apr 2023March 2024Change
Median Listing Price$470K$171.9K-63.42%
Median Sold Price$170.7K$171.9K0.74%
Homes For Sale20-100.00%
Homes Sold161918.75%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Melbourne, KY

Melbourne home values range from $$[whole-market-lowest-avm-value] to $$[whole-market-highest-avm-value]. The median estimated value of a home in Melbourne is $NaN. The median list price of a home is $[for-sale-median-list-price], and the total count of properties in the city is $[whole-market-count].

Foreclosure
There are $[submarket-count] zips within Melbourne, KY; within these zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Melbourne, KY with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Melbourne, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are $[submarket-count] zips within Melbourne, KY; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Melbourne, KY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Melbourne, KY. There are $[submarket-count] zips within Melbourne, KY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Melbourne, KY. Auction homes and other auction properties account for 0% of all properties in Melbourne, KY. There are $[submarket-count] zips within Melbourne, KY; of those zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0% of residential properties in Melbourne, KY with $[for-sale-highest-count-region] containing 0 homes for sale, the highest number of listed properties in a single zip. There are $[submarket-count] zips within Melbourne, KY; homes for sale in those zips, have a range of median values from $0 in N/A to the lowest value of $0 in N/A.
    Sold Homes
    The median value for recently sold homes ranges from $0 in $[recently-sold-highest-avm-region] to the lowest price of $0 in $[recently-sold-highest-avm-region]. There are $[submarket-count] zips within Melbourne, KY. $[recently-sold-highest-count-region] has 0 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0% of properties in Melbourne, KY.

      Compare Nearby Cities

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      More Real Estate Resources for Melbourne, KY

      Guide for Melbourne, KY

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
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      Las Vegas Market Report – April 2024
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      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Pierre Real Estate Peaking at $1.2M – April 2024 Market Report
      Market Reports|posted 25 April 2024

      Pierre, SD’s real estate market has seen significant fluctuations, with diverse property types and values. Despite a lack of sales data hindering trend analysis, listed prices and values provide insight into market activity.

      Recently Listed Homes Melbourne, KY

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