Comprehensive market data and analysis• Updated Dec 2025
13.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 4 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 2 | 3 | 4 |
| 20-50 acres | - | 1 | 2 | 7 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 0 | 4 | 9 | 19 |
Acreage buckets
The median price for land in Melbourne, Arkansas is currently $3K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $124K.
Melbourne, Arkansas is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Melbourne, Arkansas currently has 13.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Melbourne, Arkansas averages $14K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 18.7 acres.
The median land price in Melbourne, Arkansas stands at $50K. This translates to roughly $3K per acre for the typical parcel size. The average price is $78K, indicating some higher-priced properties pulling up the average.
Land in Melbourne, Arkansas typically sells within 103 days of listing. The median time on market is 89 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Melbourne, Arkansas saw 19 properties sold, totaling $1.5M in sales volume. In just the last 3 months, 4 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
