Active Listings
2
⇧ 100% vs 1 last year
Data as of March 2026. Source: Realtor.com.
The MELBOURNE, IA real estate market (50162) currently shows 2 active listings. Homes are averaging 77 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 77 days on market compared to 113 days last year.
The median listing price has risen 17.3% year-over-year, from $193,450 to $226,950.
Whether you are buying or selling in MELBOURNE, IA, 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.
Population: 1,302 · Density: 10.0/mi² · Median household income: $75,000
Typical home value: $167,504 · Homeownership: 70.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 50162 | Melbourne, IA 50162 | 0.0 mi | 3 | $622,275 | $207,425 | $207,425 |
| 50247 | State Center, IA 50247 | 8.2 mi | 13 | $3,734,900 | $200,000 | $287,300 |
| 50078 | Ferguson, IA 50078 | 10.6 mi | 1 | $134,900 | $134,900 | $134,900 |
| 50158 | Marshalltown, IA 50158 | 12.1 mi | 94 | $18,086,164 | $164,550 | $192,406 |
| 50056 | Colo, IA 50056 | 13.4 mi | 2 | $379,800 | $189,900 | $189,900 |
| 50005 | Albion, IA 50005 | 14.2 mi | 1 | $153,675 | $153,675 | $153,675 |
| 50208 | Newton, IA 50208 | 14.9 mi | 142 | $37,312,062 | $207,875 | $262,761 |
| 50135 | Kellogg, IA 50135 | 15.3 mi | 6 | $1,025,550 | $170,925 | $170,925 |
| 50148 | Liscomb, IA 50148 | 18.1 mi | 1 | $645,000 | $645,000 | $645,000 |
| 50173 | Montour, IA 50173 | 18.7 mi | 2 | $479,800 | $239,900 | $239,900 |
| 50201 | Nevada, IA 50201 | 20.7 mi | 35 | $12,465,390 | $299,999 | $356,154 |
| 50632 | Garwin, IA 50632 | 21.4 mi | 5 | $1,043,125 | $192,500 | $208,625 |
| 50259 | Gifford, IA 50259 | 22.6 mi | 1 | $157,500 | $157,500 | $157,500 |
As of March 2026, there are 2 active listings in MELBOURNE, IA (zip code 50162), compared to 1 the prior year.
The median listing price in MELBOURNE, IA 50162 is $226,950 as of March 2026, a 17.3% increase from $193,450 the prior year.
Homes in MELBOURNE, IA 50162 spend an average of 77 days on the market before going under contract, compared to 113 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MELBOURNE, IA 50162 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 77 days on market compared to 113 days last year.
With SELL123.com's maximum 3% commission, sellers in MELBOURNE, IA 50162 save an estimated $4,539 compared to a typical 5% commission on the median listing price of $226,950. 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.