Population: 3,183 · Density: 80.0/mi² · Median household income: $54,412
Typical home value: $191,451 · Homeownership: 83.9%
Data as of January 2026. Source: Realtor.com.
The MELBOURNE, KY real estate market (41059) currently shows 5 active listings, with 2 pending sales. Homes are averaging 127 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are selling faster, averaging 127 days on market compared to 149 days last year.
The median listing price has fallen 20% year-over-year, from $525,000 to $419,950.
Whether you are buying or selling in MELBOURNE, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 41059 | Melbourne, KY 41059 | 0.0 mi | 5 | $2,099,750 | $419,950 | $419,950 |
| 45255 | Cincinnati, OH 45255 | 3.9 mi | 48 | $20,448,432 | $350,000 | $426,009 |
| 45230 | Cincinnati, OH 45230 | 5.2 mi | 67 | $32,659,619 | $319,950 | $487,457 |
| 41001 | Alexandria, KY 41001 | 6.8 mi | 53 | $18,303,444 | $335,000 | $345,348 |
| 41075 | Fort Thomas, KY 41075 | 7.4 mi | 36 | $19,622,412 | $350,000 | $545,067 |
| 45102 | Amelia, OH 45102 | 7.9 mi | 66 | $24,571,998 | $373,500 | $372,303 |
| 41007 | California, KY 41007 | 8.1 mi | 3 | $1,359,675 | $476,950 | $453,225 |
| 41071 | Newport, KY 41071 | 8.4 mi | 122 | $60,458,198 | $299,000 | $495,559 |
| 41074 | Dayton, KY 41074 | 9.3 mi | 32 | $13,679,616 | $299,900 | $427,488 |
| 45208 | Cincinnati, OH 45208 | 10.0 mi | 51 | $34,169,643 | $499,000 | $669,993 |
| 41011 | Covington, KY 41011 | 10.5 mi | 79 | $38,586,760 | $345,000 | $488,440 |
| 45174 | Terrace Park, OH 45174 | 10.9 mi | 1 | $449,925 | $449,925 | $449,925 |
| 45206 | Cincinnati, OH 45206 | 11.0 mi | 45 | $17,822,970 | $309,450 | $396,066 |
As of January 2026, there are 5 active listings in MELBOURNE, KY (zip code 41059), compared to 1 the prior year.
The median listing price in MELBOURNE, KY 41059 is $419,950 as of January 2026, a 20% decrease from $525,000 the prior year.
Homes in MELBOURNE, KY 41059 spend an average of 127 days on the market before going under contract, compared to 149 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MELBOURNE, KY 41059 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 127 days on market compared to 149 days last year.
With SELL123.com's maximum 3% commission, sellers in MELBOURNE, KY 41059 save an estimated $8,399 compared to a typical 5% commission on the median listing price of $419,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.