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MELBOURNE, AR 72556

Real Estate Market Report  ·  Izard County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
46
⇧ 48.4% vs 31 last year
Pending
9
20% pending ratio
Median Price
$285,000
⇧ 40.7% vs $202,500 last year
Average Price
$336,335
⇩ 10.5% vs $375,705 last year
Days on Market
80
⇩ 1.2% vs 81 days last year

Market Context

Population: 3,964  ·  Density: 9.5/mi²  ·  Median household income: $51,607

Typical home value: $133,533  ·  Homeownership: 65.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MELBOURNE, AR real estate market (72556) currently shows 46 active listings, with 9 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are selling faster, averaging 80 days on market compared to 81 days last year.

The median listing price has risen 40.7% year-over-year, from $202,500 to $285,000.

Whether you are buying or selling in MELBOURNE, AR, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 31 last year
  • Days on market: 80 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $285,000 (+40.7% YoY)
  • Average: $336,335 (-10.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.0 miles — 277 listings ($96,150,533 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
72556Melbourne, AR 725560.0 mi46$15,471,410$285,000$336,335
72517Brockwell, AR 725178.4 mi1$179,900$179,900$179,900
72561Mount Pleasant, AR 7256110.0 mi11$3,054,150$214,500$277,650
72585Wideman, AR 7258511.1 mi1$209,900$209,900$209,900
72565Oxford, AR 7256513.7 mi3$734,799$179,900$244,933
72519Calico Rock, AR 7251913.9 mi25$8,927,975$295,000$357,119
72560Mountain View, AR 7256014.5 mi108$41,006,196$334,500$379,687
72526Cushman, AR 7252614.8 mi1$129,900$129,900$129,900
72533Fifty Six, AR 7253316.3 mi5$2,833,900$565,000$566,780
72512Horseshoe Bend, AR 7251217.9 mi44$10,687,864$162,200$242,906
72532Evening Shade, AR 7253220.9 mi9$2,694,600$235,000$299,400
72658Norfork, AR 7265822.2 mi20$9,294,940$399,500$464,747
72680Timbo, AR 7268023.0 mi3$924,999$250,000$308,333

Frequently Asked Questions

How many homes are for sale in MELBOURNE, AR 72556?

As of January 2026, there are 46 active listings in MELBOURNE, AR (zip code 72556), compared to 31 the prior year.

What is the median home price in MELBOURNE, AR 72556?

The median listing price in MELBOURNE, AR 72556 is $285,000 as of January 2026, a 40.7% increase from $202,500 the prior year.

How long do homes stay on the market in MELBOURNE, AR?

Homes in MELBOURNE, AR 72556 spend an average of 80 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in MELBOURNE, AR 72556?

Based on current inventory and days-on-market data as of January 2026, MELBOURNE, AR 72556 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 80 days on market compared to 81 days last year.

How much can I save on real estate commission in MELBOURNE, AR?

With SELL123.com's maximum 3% commission, sellers in MELBOURNE, AR 72556 save an estimated $5,700 compared to a typical 5% commission on the median listing price of $285,000. 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.