185 E  Olive St, Melbourne, AR 72556
OFF MARKET

$122,400

Trulia Estimate
  • Studio
  • 1,848 sqft

185 E Olive St, Melbourne, AR 72556

Est. Refi. Payment $761/mo*
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Home Value

Trulia Estimate
$122K
Since last month
Decreased$2K (-1.4%)
Since last year
Decreased$34K (-21.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -31% in the last 10 years
MonthEstimated value
2026
August 2026$122K
July 2026$124K
June 2026$148K
May 2026$140K
March 2026$103K
February 2026$111K
January 2026$121K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4.23
Mobile / Manufactured
$202,700
12/08/25
3
2
1,568
5.82
Mobile / Manufactured
$163,000
10/10/25
3
2
1,140
5.69
Mobile / Manufactured
$85,000
09/19/25
3
2
1,280
6.45
Mobile / Manufactured
$220,000
07/07/26
3
2
1,560
7.42
Mobile / Manufactured
$675,000
08/20/26
5
2
2,688

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.31
-
-
-
-
Off Market
0.36
$290,000
2
2
1,500
Recently Sold
0.41
$355,200
3
2
1,856
Off Market
0.47
$162,400
3
2
1,344
Off Market
0.50
$206,000
3
2
1,368
Recently Sold
0.73
$343,000
2
1.5
1,200
Off Market
1.23
$226,000
2
2
1,576
Recently Sold
1.32
$235,000
3
2
2,132
Recently Sold
1.51
$274,600
4
3
2,780
Off Market

Local Information

  • Map ViewExplore the area around 185 E Olive St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Mobile/Manufactured
Year Built
2015
Living Area
1,848 sqft
Price/Sqft
$66

About this House

This mobile / manufactured is located at 185 E Olive St, Melbourne, AR. 185 E Olive St is in Melbourne, AR and in ZIP code 72556. This property has approximately 1,848 sqft of floor space. This property was built in 2015.
185 E Olive St, Melbourne, AR 72556 is a studio, 1,848 sqft mobile/manufactured built in 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $122,400.

Home Details for 185 E Olive St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: Mobile Manufactured

Price and Tax history

YearProperty taxTax assessment
2025
$513
$52,800
Home facts updated by county records

Market trends in Melbourne

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
42
2
MoM

What Locals Say about Melbourne

At least 5 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 89 % Say there's wildlife

  • 89 % Say yards are well-kept

  • 86 % Say car is needed

  • 85 % Say they plan to stay for at least 5 years

  • 80 % Say people would walk alone at night

  • 63 % Say it's walkable to grocery stores

  • 55 % Say kids play outside

  • 55 % Say there are community events

  • 52 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 50 % Say there's holiday spirit

  • 40 % Say there are sidewalks

  • 40 % Say streets are well-lit

  • 38 % Say it's walkable to restaurants

  • 20 % Say it's dog friendly

Sourced by Trulia users. Learn more about our methodology.
  • Jenbrassfield
    "Great area. Right in the middle of several vacation spots such as Hardy, Calico Rock, Mountain Home, Bull Shoals. Tons of places to camp, fish, and swim. "
  • ElisabethM
    "I grow up outside of Melbourne and moved back after I married, my husband and I are looking to buy our own home in town soon. People are very friendly and it's a peaceful little town I just love it here"

LGBTQ Local Legal Protections

Frequently asked questions about 185 E Olive St

  • What is 185 E Olive St estimated to be worth?
    Trulia's estimated value for 185 E Olive St in Melbourne, AR is $122,400.
  • Is Melbourne a buyer's or seller's market?
    Melbourne is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Melbourne?
    Residents describe Melbourne, AR as easy to park in, well-kept, and established. Most residents say you need a car. See recently sold homes in Melbourne, AR.
  • What are the closest schools to 185 E Olive St?
    The closest schools to 185 E Olive St in Melbourne, AR are Melbourne Elementary School (Pre-K, rated 7/10), Melbourne High School (Middle, rated 8/10).

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