Housing Prices in Melba, ID

How much do homes in Melba, ID cost?

Median List Price

$404,999

$223/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$29,999(+8.0%)

Key Takeaway

The list price of homes in Melba has increased by 8% since last year.

Summary: The median home list price in Melba was $404,999 in February 2024, up 8% from the previous year, and the median price per square foot was $223.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $257.5K$279.9K
+8.7%
3 $329.9K$389K
+17.9%
4 $455.9K$475K
+4.2%
5+ $508.9K$519.9K
+2.1%

Summary: Melba housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 2.1%.

Median List Price Compared To Nearby Cities

Melba
+49.5%
Melba
+8.0%
Murphy
+4.8%
Orchard
+3.4%
Huston
+1.2%

Housing Supply in Melba, ID

How many homes are available in Melba, ID?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2262270.4%

Summary: The Melba real estate market had 227 homes for sale in February 2024, a 0.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1818
0.0%
3 127126
-0.8%
4 6163
+3.3%
5+ 2020
0.0%

Summary: The Melba housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes remained the same.

Days on Market for Melba, ID

How long does it take to sell a home in Melba, ID?

Average Listing Age

Feb 2023Feb 2024CHANGE
980 Days1,155 Days+17.9%

Summary: Homes in Melba had an average listing age of 1,155 days in Feb 2024, up by 17.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Melba, ID

Nearby Markets to Melba, ID

What housing markets are near Melba, ID?