Melbourne Ar, Melbourne, AR 72556
OFF MARKET

$245,300

Trulia Estimate
  • Studio
  • 1 Bath
  • 1,596 sqft

Melbourne Ar, Melbourne, AR 72556

Est. Refi. Payment $1,456/mo*
Refinance Your Home

Home Value

Trulia Estimate
$245K
Since last month
Increased$16K (+6.8%)
Since last year
Increased$19K (+8.6%)
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 +736% in the last 10 years
MonthEstimated value
2026
August 2026$244K
July 2026$229K
June 2026$237K
May 2026$239K
April 2026$231K
March 2026$218K
February 2026$208K
January 2026$205K
2025
2024
2023
2022
2021
2020
2017

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
298 Red Lamb Rd, Melbourne, AR
1.02
Single-Family Home
$179,900
08/07/26
2
1.5
1,320
1236 Lewis Ln, Melbourne, AR
1.16
Single-Family Home
$85,000
02/10/26
3
2
1,552
3068 S State Highway 9, Melbourne, AR
1.06
Single-Family Home
$319,900
04/22/26
4
3
2,528
24 Red Lamb Rd, Melbourne, AR
1.27
Single-Family Home
$295,000
08/05/26
2
2
2,400
145 Mabry Ln, Melbourne, AR
1.80
Single-Family Home
$375,000
02/25/26
4
3
2,382
1530 Durham Rd, Melbourne, AR
3.53
Single-Family Home
$165,000
12/22/25
3
2
1,504
94 Circle Dr, Melbourne, AR
3.52
Single-Family Home
$109,000
11/06/25
2
2
984
1452 Knob Creek Rd, Melbourne, AR
3.99
Single-Family Home
$24,000
07/21/26
2
1
1,200
82 W Main St, Melbourne, AR
3.90
Single-Family Home
$120,000
12/22/25
3
2
1,600
1273 Knob Creek Rd, Melbourne, AR
4.06
Single-Family Home
$109,000
03/31/26
2
1
864

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
001-04778-007 W School House Hollow Rd, Melbourne, AR 72556
0.00
-
-
-
-
Off Market
12B Lewis Ln, Melbourne, AR 72556
0.41
-
-
-
-
Off Market
16 E Lewis Ln, Melbourne, AR 72556
0.41
-
-
-
-
Off Market
15A Lewis Ln, Melbourne, AR 72556
0.43
-
-
-
-
Off Market
22 Red Lamb Rd, Melbourne, AR 72556
0.95
$65,000
-
-
-
Recently Sold
941 Lewis Ln, Melbourne, AR 72556
0.96
$79,900
-
-
-
Off Market
298 Red Lamb Rd, Melbourne, AR 72556
1.02
$179,900
2
1.5
1,320
Recently Sold
3068 S State Highway 9, Melbourne, AR 72556
1.06
$319,900
4
3
2,528
Recently Sold
8 Red Lamb Rd, Melbourne, AR 72556
1.08
$20,000
-
-
-
Recently Sold
1236 Lewis Ln, Melbourne, AR 72556
1.16
$85,000
3
2
1,552
Recently Sold
2441 S State Highway 9, Melbourne, AR 72556
1.25
$259,900
-
-
-
For Sale
3287 S State Highway 9, Melbourne, AR 72556
1.28
$46,900
3
1
840
Off Market

Local Information

  • Map ViewExplore the area around Melbourne Ar.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,596 sqft
Price/Sqft
$154

About this House

This single-family home is located at Melbourne Ar, Melbourne, AR. Melbourne Ar is in Melbourne, AR and in ZIP code 72556. This property has 1 bathroom and approximately 1,596 sqft of floor space.
Melbourne Ar, Melbourne, AR 72556 is a studio, 1 bathroom, 1,596 sqft single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $245,300, with a rent estimate of $1,160/month.

Home Details for Melbourne Ar

Interior Features

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

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Piers
Pool
Pool
Parking & Garage
Parking: Carport

Property Information

Property Type / Style
Property Type: Single Family Home

Building

Levels, Entrance, & Accessibility
Disabled Access

Price and Tax history

YearProperty taxTax assessment
2025Unavailable
$182,700
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
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 Melbourne Ar

  • What is Melbourne Ar estimated to be worth?
    Trulia's estimated value for Melbourne Ar is $245,300.
  • What are the closest schools to Melbourne Ar?
    The closest schools to Melbourne Ar are Melbourne Elementary School (Pre-K, rated 7/10), Melbourne High School (Middle, rated 8/10).
  • Does Melbourne Ar have air conditioning?
    Yes, Melbourne Ar has air conditioning.
  • Does Melbourne Ar have a pool?
    Yes, Melbourne Ar has a pool.
  • Does Melbourne Ar have parking?
    Yes, Melbourne Ar has on-site parking.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near Melbourne Ar

Skip to last item
Skip to first item

Homes for sale near Melbourne Ar

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item