566 Melrose Loop, Locust Grove, AR 72550
OFF MARKET

$248,000

Trulia Estimate
  • Studio
  • 2 Baths
  • 1,886 sqft (on 5 acres)

566 Melrose Loop, Locust Grove, AR 72550

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Home Value

Trulia Estimate
$248K
Since last month
Decreased$6K (-2.4%)
Since last year
Decreased$15K (-5.7%)
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 +55% in the last 10 years
MonthEstimated value
2026
September 2026$248K
August 2026$246K
July 2026$254K
June 2026$265K
May 2026$266K
April 2026$256K
March 2026$257K
February 2026$253K
January 2026$248K
2025
2024
2023
2022
2021
2020

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
130 Upper Yorktown Dr, Locust Grove, AR
1.63
Single-Family Home
$215,000
08/17/26
3
2
984
120 Upper Yorktown Dr, Locust Grove, AR
1.70
Single-Family Home
$480,000
06/16/26
4
3.5
2,256
84 Pat Dr, Batesville, AR
3.52
Single-Family Home
$365,000
06/01/26
3
2
1,920
13160 Heber Springs Rd N, Locust Grove, AR
3.75
Single-Family Home
$367,000
07/27/26
3
2
2,794
13160 Heber Springs Rd, Locust Grove, AR
3.76
Single-Family Home
$367,000
07/27/26
3
2
2,794
655 County Line Rd, Locust Grove, AR
3.40
Single-Family Home
$276,751
06/08/26
3
3.5
4,363
10349 Heber Springs Rd N, Concord, AR
4.10
Single-Family Home
$91,000
01/08/26
3
1,832
32876 14th Hwy, Marcella, AR
3.31
Single-Family Home
$485,000
02/23/26
1
1
600
32876 Highway 14, Marcella, AR
3.06
Single-Family Home
$485,000
02/23/26
1
1
600
300 Peel Rd, Locust Grove, AR
4.71
Single-Family Home
$230,000
12/09/25
3
1
1,580

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
1912 Melrose Loop, Locust Grove, AR 72550
0.65
$181,000
2
1
988
Off Market
35005 E Highway 14, Marcella, AR 72555
1.27
$252,200
3
2
1,920
Off Market
30 Upper Yorktown Dr, Locust Grove, AR 72550
1.32
$19,900
-
-
-
For Sale
32 Upper Yorktown Dr, Locust Grove, AR 72550
1.37
$19,900
-
-
-
For Sale
Lots 9 15 Briar Creek Acres At Yorktown, Mountain View, AR 72560
1.47
-
-
-
-
Off Market
Lots 9 10 11 & 12 Briar Creek Acres, Mountain View, AR 72560
1.49
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 566 Melrose Loop.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1996
5 acre lot
1,886 sqft
$131/sqft
Garage

About this House

This single-family home is located at 566 Melrose Loop, Locust Grove, AR. 566 Melrose Loop is in Locust Grove, AR and in ZIP code 72550. This property has 2 bathrooms and approximately 1,886 sqft of floor space. This property has a lot size of 5.00 acres and was built in 1996.
566 Melrose Loop, Locust Grove, AR 72550 is a studio, 2 bathroom, 1,886 sqft single-family home built in 1996. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $248,000, with a rent estimate of $1,338/month.

Home Details for 566 Melrose Loop

Interior Features

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

Exterior Features

Exterior Home Features
Roof: AsphaltDeck
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 5.00 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,039
$143,400
Home facts updated by county records

Market trends in Locust Grove

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Around this home

What Locals Say about Locust Grove

At least 1 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 100 % Say there are community events

  • 50 % Say yards are well-kept

  • 50 % Say parking is easy

  • 33 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 566 Melrose Loop

  • What is 566 Melrose Loop estimated to be worth?
    Trulia's estimated value for 566 Melrose Loop in Locust Grove, AR is $248,000.
  • Is Locust Grove a buyer's or seller's market?
    Locust Grove is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 566 Melrose Loop?
    The closest schools to 566 Melrose Loop in Locust Grove, AR are Mountain View Elementary School (Pre-K, rated 8/10), Mountain View High School (rated 6/10), Mountain View Middle School (Elementary, rated 6/10).
  • Does 566 Melrose Loop have air conditioning?
    Yes, 566 Melrose Loop in Locust Grove, AR has air conditioning.
  • How big is the lot at 566 Melrose Loop?
    The lot at 566 Melrose Loop in Locust Grove, AR is about 5 acres.
  • Does 566 Melrose Loop have a garage?
    Yes, 566 Melrose Loop in Locust Grove, AR has a garage.

Apartments for Rent

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Off Market Homes Near 566 Melrose Loop

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