Housing Prices in Melba, ID
How much do homes in Melba, ID cost?
Median List Price
$737,400
$322/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Melba has increased by 28.2% since April.
Summary: The median home list price in Melba was $737,400 in May 2024, up 28.2% from the previous month, and the median price per square foot was $322.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $332.4K | $289.9K | -12.8% |
| 3 Bedrooms | $575K | $724.9K | +26.1% |
| 4 Bedrooms | $874.9K | $750K | -14.3% |
| 5+ Bedrooms | - | $950K | N/A |
Summary: Melba housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.8%, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes did not change.
Housing Supply in Melba, ID
How many homes are available in Melba, ID?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Melba real estate market had 12 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Melba housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Days on Market for Melba, ID
How long does it take to sell a home in Melba, ID?
Average Listing Age
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 83 Days | 71 Days | -14.1% |
Summary: Homes in Melba had an average listing age of 71 days in May 2024, down by 14.1% compared to the previous month.
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