47 E Olive St, Melbourne, AR 72556
OFF MARKET

47 E Olive St
Melbourne, AR 72556

  • Studio
  • 1 Bath
  • 2,027 sqft

$121,400

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $749/mo*
Refinance Your Home

$121,400

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $749/mo*
Refinance Your Home
Studio
1 Bath
2,027 sqft

Home Value

Trulia Estimate
$121K
Since last month
Decreased$2K (-1.3%)
Since last year
Increased$25K (+23.7%)
Since last sale
Increased$78K (+156%)
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 increased by +73% in the last 10 years
MonthEstimated value
2026
August 2026$128K
July 2026$130K
June 2026$133K
May 2026$134K
April 2026$135K
March 2026$131K
February 2026$140K
January 2026$125K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
3068 S State Highway 9, Melbourne, AR
1.92
Single-Family Home
$319,900
04/22/26
4
3
2,528
821 Preacher Rd, Melbourne, AR
2.44
Single-Family Home
$70,000
11/25/25
2
1
980
24 Red Lamb Rd, Melbourne, AR
2.79
Single-Family Home
$295,000
08/05/26
2
2
2,400
298 Red Lamb Rd, Melbourne, AR
2.59
Single-Family Home
$179,900
08/07/26
2
1.5
1,320
1530 Durham Rd, Melbourne, AR
3.36
Single-Family Home
$165,000
12/22/25
3
2
1,504
145 Mabry Ln, Melbourne, AR
3.26
Single-Family Home
$375,000
02/25/26
4
3
2,382
1236 Lewis Ln, Melbourne, AR
3.31
Single-Family Home
$85,000
02/10/26
3
2
1,552
11542 S State Highway 9, Melbourne, AR
3.97
Single-Family Home
$410,000
02/12/26
2
2
1,416
9109 N Boswell Rd, Melbourne, AR
3.68
Single-Family Home
$1,992
05/11/26
2
1,440
434 Ripplin Shoals Rd, Melbourne, AR
4.41
Single-Family Home
$255,000
03/20/26
2
1.5
1,120

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
1846 Boyce St, Melbourne, AR 72556
0.27
$195,500
3
2.5
1,764
For Sale
238 Melbourne Cave Rd, Melbourne, AR 72556
0.60
-
-
-
-
Off Market
1980A Boyce St, Melbourne, AR 72556
0.66
$175,000
-
-
-
Recently Sold
790 Boyce St, Boyce, AR 72556
0.88
$87,100
-
-
-
Off Market
6039 S State Highway 9, Melbourne, AR 72556
1.24
$715,000
5
2
2,688
For Sale
Easley Mountain Rd, Melbourne, AR 72556
1.31
-
-
-
-
Off Market
Dreamrider Dr, Melbourne, AR 72556
1.38
-
-
-
-
Off Market
160A S State Highway 9, Melbourne, AR 72556
1.51
$250,000
-
-
-
Recently Sold

Local Information

  • Map ViewExplore the area around 47 E Olive St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1980
Living Area
2,027 sqft
Price/Sqft
$60
Parking
Garage

About this House

This single-family home is located at 47 E Olive St, Melbourne, AR. 47 E Olive St is in Melbourne, AR and in ZIP code 72556. This property has 1 bathroom and approximately 2,027 sqft of floor space. This property was built in 1980.
47 E Olive St, Melbourne, AR 72556 is a studio, 1 bathroom, 2,027 sqft single-family home built in 1980. It last sold for $50,000 on Feb 6, 2003. It is currently off market. The Trulia Estimate is $121,400, with a rent estimate of $1,167/month.

Home Details for 47 E Olive St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherExterior: StoneFoundation Type: Piers
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Feb 6, 2003
Source: N/A
Sold
$50,000

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
2MoM

Around this home

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. "
    0
    Flag
  • 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"
    5
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 47 E Olive St

  • What is 47 E Olive St estimated to be worth?
    Trulia's estimated value for 47 E Olive St in Melbourne, AR is $121,400.
  • What is the price history for 47 E Olive St?
    47 E Olive St in Melbourne, AR last sold for $50,000 in February 2003.
  • 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.
  • Does 47 E Olive St have air conditioning?
    Yes, 47 E Olive St in Melbourne, AR has air conditioning.
  • Does 47 E Olive St have a garage?
    Yes, 47 E Olive St in Melbourne, AR has a garage.

Apartments for Rent

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Off Market Homes Near 47 E Olive St

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Homes for sale near 47 E Olive St

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