United Country Ozark Realty
Real Estate Brokerage
Melbourne, AR
Realtors in Melbourne, AR
1 local real estate professional in Melbourne, plus 6 more from nearby towns
Photo: Izard County Courthouse by Sgerbic, CC BY-SA 4.0 via Wikimedia Commons
One real estate professional is listed in Melbourne, Arkansas. Melbourne has about 1,779 residents in Izard County. The typical home is valued at about $179,899 (Zillow, August 2026); over twelve months that value rose 4.2%. The closest towns with listed professionals are Greers Ferry (37 mi, 2), Higden (37 mi, 1), and Fairfield Bay (38 mi, 1).
Realtors based in Melbourne
More realtors near Melbourne
Carlton Lake Realty
Real Estate Brokerage
Greers Ferry, AR 37 mi
- Waterfront & Lake Homes
Danielle Wylie
Real Estate Agent · DownHome Lake Realty
Greers Ferry, AR 37 mi
- Waterfront & Lake Homes
Donham Realty
Real Estate Brokerage
Higden, AR 37 mi
- Waterfront & Lake Homes
- Farm, Ranch & Land
Landry Greers Ferry Lake Realty
Real Estate Brokerage
Fairfield Bay, AR 38 mi
- Waterfront & Lake Homes
- Golf Communities
McKenzie Realty Group
Real Estate Brokerage
Heber Springs, AR 40 mi
Davenport Realty
Real Estate Brokerage
Yellville, AR 45 mi
Melbourne housing market
Typical home$180K
1-year+4.2%
5-year+21.7%
10-year+78.1%
The typical home in Melbourne was valued at about $179,899 in August 2026, according to the Zillow Home Value Index. Over twelve months the typical value rose 4.2%, against a 3.6% rise for Arkansas as a whole. Over five years the change is +21.7%. Melbourne sits 21% below the Arkansas typical value of $227,264.
Values: Zillow Home Value Index, August 2026.
Melbourne at a glance
| State | Arkansas (AR) |
|---|---|
| County | Izard County |
| Population (approx.) | 1,779 |
| Elevation | 617 ft |
| Time zone | Central Time |
| Realtors listed | 1 |
| Typical home value | $179,899 |
| 1-year change | +4.2% |
| License regulator | Arkansas Real Estate Commission |
| Local time | Wednesday, October 14 · 2:34 PM |
Realtors in Melbourne — common questions
How many realtors are listed in Melbourne, AR?
One real estate professional is listed in Melbourne today.
What is the typical home value in Melbourne?
About $179,899 according to the Zillow Home Value Index (August 2026), a change of +4.2% over one year and +21.7% over five years.
What would the monthly payment be on a typical Melbourne home?
With 10% down and a 6.5% 30-year fixed rate, principal and interest on a $179,899 home comes to roughly $1,023 a month, before taxes, insurance and any HOA dues.
Which nearby towns have realtors listed?
Greers Ferry (37 mi, 2 listings), Higden (37 mi, 1 listing), Fairfield Bay (38 mi, 1 listing), and Heber Springs (40 mi, 1 listing).