1 bedroom homes for sale in Melbourne, AR

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Melbourne, AR Real Estate Market Overview

There are no 1-bedroom homes for sale in Melbourne, AR. The following market insights reflect all property types in the Melbourne, AR real estate market. The number of homes in Melbourne, AR increased by 42.1% between March 2025 and April 2025. Listings spent 0 days on the market in April 2025, and had a median list price of $165,000 during the same period. While more than 0 listings in Melbourne, AR in April 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 1 were sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Melbourne, AR

Melbourne is located in Izard County, Arkansas. There are roughly 357 residents, living in 151 households. The average temperature for Melbourne this time of the year is low of 54F and high of 79F. On average, Melbourne gets about 4.81 inches of precipitation in May. Most residents are home owners (70%), have a high school diploma (50%) and are single, no kids (40%).

Data provided by Home Junction

Housing market reports in Izard County

Top real estate cities in Arkansas

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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