House Prices

House Prices & Home Values Melbourne, KY 2026


Average Data

average house price$328,667
average size per house2076 ft²
average price per ft²159 $ / ft²

04/17/2026 - The value range (VR) for house prices in Melbourne, KY is $163/ sqft to $163/ sqft. An average home with 2076 sqft costs approximately $338,388 to $338,388. Melbourne, KY includes 1 ZIP codes and it is located in Campbell county. The lowest prices are found in ZIP 41059, while the highest are in ZIP 41059. The average price per sqare feet is $159. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Melbourne

41059154 $ / ft²




Historical development of home values in Melbourne

Year Estimated value (USD) Change vs. 2025
2010 $152,639 -53.6%
2011 $146,736 -55.4%
2012 $146,341 -55.5%
2013 $151,811 -53.8%
2014 $159,360 -51.5%
2015 $167,539 -49.0%
2016 $176,282 -46.4%
2017 $185,797 -43.5%
2018 $196,069 -40.3%
2019 $205,160 -37.6%
2020 $215,766 -34.4%
2021 $245,410 -25.3%
2022 $286,093 -13.0%
2023 $301,699 -8.2%
2024 $319,152 -2.9%
2025 $328,667 0.0%

Graph: estimated home values in Melbourne over time (USD)



Example: 100% financing house in Melbourne

Loan amount: $328,667

Interest rate: 6.00%

Fixed monthly payment: $1,970.52

Breakdown in the 1st month:
Interest portion: $1,643.34  –  Principal portion: $327.19

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,610.23 $4,036.07 $324,630.93
2 $19,361.29 $4,285.01 $320,345.93
3 $19,097.00 $4,549.29 $315,796.63
4 $18,816.41 $4,829.89 $310,966.75
5 $18,518.51 $5,127.78 $305,838.96
6 $18,202.24 $5,444.05 $300,394.91
7 $17,866.47 $5,779.83 $294,615.08
8 $17,509.98 $6,136.32 $288,478.76
9 $17,131.50 $6,514.79 $281,963.97
10 $16,729.69 $6,916.61 $275,047.36
11 $16,303.09 $7,343.21 $267,704.15
12 $15,850.17 $7,796.12 $259,908.03
13 $15,369.32 $8,276.97 $251,631.05
14 $14,858.82 $8,787.48 $242,843.58
15 $14,316.83 $9,329.47 $233,514.11
16 $13,741.41 $9,904.89 $223,609.21
17 $13,130.49 $10,515.80 $213,093.41
18 $12,481.90 $11,164.40 $201,929.02
19 $11,793.31 $11,852.99 $190,076.02
20 $11,062.24 $12,584.06 $177,491.97
21 $10,286.08 $13,360.21 $164,131.75
22 $9,462.05 $14,184.24 $149,947.51
23 $8,587.20 $15,059.10 $134,888.41
24 $7,658.39 $15,987.91 $118,900.50
25 $6,672.29 $16,974.01 $101,926.50
26 $5,625.37 $18,020.93 $83,905.57
27 $4,513.88 $19,132.42 $64,773.15
28 $3,333.83 $20,312.46 $44,460.69
29 $2,081.00 $21,565.29 $22,895.39
30 $750.90 $22,895.39 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Melbourne, KY


1500 sqft3900 sqft
Ø selling price$288,585$613,899
Ø fast selling$262,350$552,510
Ø high price sale$314,820$675,289

In 2026, houses in Melbourne, KY will be offered at an average price of $159 per square foot. A 1,500 sqft home priced at $288,585 is 21.64% more expensive per square foot than a 3,900 sqft home priced at $613,899. Home prices in Melbourne, KY vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $425,008. Sellers who can wait longer may achieve a higher price of up to $519,454.


Discover Melbourne, KY

Melbourne, KY is a small riverfront city in Campbell County that blends rural charm with quick access to urban amenities.
Set along the scenic Ohio River in Northern Kentucky, Melbourne, Kentucky offers quiet neighborhoods and sweeping water views.

Location and Access

Its location just minutes southeast of downtown Cincinnati makes commuting easy for work, entertainment, and pro sports.
Travel is simple via KY 8 (Mary Ingles Highway), nearby I-275, and regional airports serving Greater Cincinnati and Northern Kentucky.

Lifestyle and Things to Do

Outdoor lovers enjoy fishing and boating on the Ohio River, plus nearby parks, trails, and wildlife viewing.
Local businesses, family-owned restaurants, and seasonal farm stands give Melbourne, KY an authentic small-town vibe.
History buffs appreciate the area?s 19th-century roots and preserved river culture visible in landmarks and community traditions.

Schools, Housing, and Community

Students are served by the Campbell County School District, with higher education options like Northern Kentucky University a short drive away.
Housing ranges from cozy cottages to larger homes on acreage, with competitive prices compared to the Cincinnati metro.
Whether you?re relocating, planning a river getaway, or exploring Northern Kentucky, Melbourne, KY offers a welcoming community and scenic setting.



FAQ – Home Values in Melbourne

What is the median home value in Melbourne in 2026?

In 2026, the typical home value in Melbourne is about $328,667 for an average home size of 2076 square feet. This corresponds to an average price of roughly $159 per square foot.

What is the average cost per square foot in Melbourne?

In 2026, homes in Melbourne sell for an average of around $159 per square foot, with a typical range between $163 and $163 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Melbourne is about 2076 square feet, with an estimated 2026 value around $328,667.



Locations close to Melbourne, KY

Minerva, KY148 $ / ft²
Morning View, KY135 $ / ft²
Mount Olivet, KY105 $ / ft²
Maysville, KY113 $ / ft²
Mayslick, KY121 $ / ft²
Jonesville, KY40 $ / ft²
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