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Melbourne, AR Housing

 
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As of 2010-2014, median price of a house in Melbourne is $78,400, which is lower than the state average of $108,700 and is much lower than the national average of $175,700. The Melbourne median house value has grown by 44.65% since 2000. The growth rate for the price of a house in Melbourne is lower than the state average rate of 49.31% and is lower than the national average rate of 46.91%. The median year that a house in Melbourne was built is 1978, which is older than the median year for a house built in the state which is 1982 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 476 Owner Occupied Houses in Melbourne, AR, #198
Melbourne, AR
78,400 USD
Arkansas
108,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #245
Melbourne, AR
44.65%
Arkansas
49.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Melbourne, ARArkansasU.S.
Total Housing Units919, see rank, 100%1,329,139132,741,033
Occupied Housing Units774, 84.22%, see rank85.20%87.55%
Owner Occupied476, 51.80%, see rank56.70%56.34%
Renter Occupied298, 32.43%, see rank28.50%31.21%
Vacant Housing Units145, 15.78%, see rank14.80%12.45%
For Rent69, 7.51%, see rank3.08%2.34%
For Sale Only13, 1.41%, see rank1.47%1.20%
Rented or Sold, Not Occupied52, 5.66%, see rank1.34%0.92%
For Seasonal, Recreational, or Occasional Use8, 0.87%, see rank3.77%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant3, 0.33%, see rank5.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #204
Melbourne, ARArkansasU.S.
197819821976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Melbourne, AR%ArkansasU.S.
Owner-Occupied Units476100%753,62074,787,460
With a Mortgage20743.49%, see rank57.12%65.58%
Without a Mortgage26956.51%, see rank42.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Melbourne, AR
773 USD
Arkansas
1,027 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMelbourne, AR%ArkansasU.S.
$299 or Less00.00%, see rank0.27%0.20%
$300 to $4993918.84%, see rank4.06%1.59%
$500 to $6994421.26%, see rank13.71%5.01%
$700 to $9996129.47%, see rank29.88%14.32%
$1,000 to $1,4994823.19%, see rank31.28%27.90%
$1,500 to $1,99941.93%, see rank11.89%20.35%
$2,000 to $2,999115.31%, see rank6.76%19.52%
$3,000 or More00.00%, see rank2.16%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Melbourne, AR
21.90% of the Total Income
Arkansas
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Melbourne, AR%ArkansasU.S.
10% or Less157.25%, see rank8.42%5.86%
10% to 20%6430.92%, see rank40.00%31.95%
20% to 30%7234.78%, see rank25.17%27.64%
30% to 40%2110.14%, see rank10.74%13.74%
40% or More2713.04%, see rank15.06%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Melbourne, AR
298 USD
Arkansas
328 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMelbourne, AR%ArkansasU.S.
$199 or Less3111.52%, see rank14.84%7.76%
$200 to $29910639.41%, see rank27.47%14.70%
$300 to $49911743.49%, see rank40.92%34.63%
$500 to $69900.00%, see rank11.95%21.16%
$700 or More155.58%, see rank4.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Melbourne, AR
10.70% of the Total Income
Arkansas
10.60% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Melbourne, AR%ArkansasU.S.
10% or Less12044.61%, see rank46.84%40.19%
10% to 20%8832.71%, see rank30.62%31.47%
20% to 30%2910.78%, see rank10.57%12.24%
30% to 40%82.97%, see rank4.25%5.64%
40% or More155.58%, see rank6.40%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Melbourne, ARArkansasU.S.
Total Housing Units919, 100%1,329,139132,741,033
1-unit, Detached750, 81.61%, see rank69.70%61.65%
1-unit, Attached14, 1.52%, see rank1.65%5.82%
2 Units31, 3.37%, see rank3.05%3.75%
3 or 4 Units11, 1.20%, see rank3.22%4.43%
5 to 9 Units67, 7.29%, see rank3.18%4.78%
10 or More Units14, 1.52%, see rank6.24%13.08%
Mobile Home, Boat, RV, Van, etc.32, 3.48%, see rank12.96%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Melbourne, ARArkansasU.S.
Total Housing Units919, 100%1,329,139132,741,033
1 Room6, 0.65%, see rank1.56%1.95%
2 Rooms10, 1.09%, see rank1.59%2.48%
3 Rooms41, 4.46%, see rank6.43%9.13%
4 Rooms243, 26.44%, see rank17.60%16.60%
5 Rooms288, 31.34%, see rank26.27%20.41%
6 Rooms180, 19.59%, see rank20.63%18.06%
7 Rooms94, 10.23%, see rank12.10%12.27%
8 Rooms32, 3.48%, see rank6.91%8.48%
9 Rooms or More25, 2.72%, see rank6.92%10.60%
Median Rooms5.10, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Melbourne, ARArkansasU.S.
Total Housing Units919, 100%1,329,139132,741,033
No Bedroom6, 0.65%, see rank1.67%2.17%
1 Bedroom41, 4.46%, see rank7.20%11.16%
2 Bedrooms335, 36.45%, see rank27.66%26.69%
3 Bedrooms464, 50.49%, see rank49.76%39.70%
4 Bedrooms69, 7.51%, see rank11.71%16.05%
5 or More Bedrooms4, 0.44%, see rank2.00%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Melbourne, ARArkansasU.S.
Total Housing Units774, 100%1,132,488116,211,092
Utility Gas237, 30.62%, see rank40.58%48.85%
Bottled, Tank, or LP Gas126, 16.28%, see rank7.51%4.86%
Electricity339, 43.80%, see rank46.89%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.00%0.12%
Wood57, 7.36%, see rank4.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.30%0.47%
No Fuel Used15, 1.94%, see rank0.20%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMelbourne, ARArkansasU.S.
Occupied Units Paying Rent260, 100%340,13639,201,928
$199 or Less4, 1.54%, see rank1.96%1.50%
$200 to $29929, 11.15%, see rank4.51%3.18%
$300 to $49992, 35.38%, see rank15.80%7.37%
$500 to $69975, 28.85%, see rank31.92%16.01%
$700 to $99960, 23.08%, see rank32.72%29.17%
$1,000 to $1,4990, 0.00%, see rank10.95%26.88%
$1,500 to $1,9990, 0.00%, see rank1.32%9.79%
$2,000 or More0, 0.00%, see rank0.81%6.10%
Median$510, see rank$675$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Melbourne, ARArkansasU.S.
Occupied Housing Units774, 100%1,132,488116,211,092
No Vehicles Available55, 7.11%, see rank6.36%9.12%
1 Vehicles Available390, 50.39%, see rank34.07%33.80%
2 Vehicles Available204, 26.36%, see rank39.29%37.48%
3 or More Vehicles Available125, 16.15%, see rank20.28%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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