Housing market · ZIP 50162
Melbourne, IA Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$238,161
3-month+0.4%
6-month+3.9%
12-month+7.4%
Touse 12-month forecast
+2.7%
Projected median near $244,513 over the next 12 months
As of April 2026, the median home value in Melbourne, IA (ZIP 50162) is $238,161. Prices are rising, up 7.4% over the past year. Touse's model projects a +2.7% change over the next 12 months, putting the median near $244,513.
Nearby areas in Marshall
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.