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KY area data

Melbourne, KY

Melbourne, KY.

Population: 2,713 (Census ACS)

Home values & appreciation

Median home value
$313,531
1-year appreciation
+0.5%
3-year appreciation
-2.2%
5-year appreciation
+4.2%
10-year appreciation
+46.3%
All-time peak (2023-07)
$320,497
House Price Index
396.0 (+2.4% YoY)

Market activity

Median sale price
$447,500
Median list price
$445,000
Median days on market
185.5 days
Sale-to-list ratio
101.6%
1-year forecast
+1.4%

Rents

2-bedroom fair-market rent (HUD reference)
$980/mo
3BR fair-market rent
$1,290/mo

Affordability

Cost of living index (Low)
88.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, iceStorm, lightning, strongWind, tornado
FEMA flood zone
A21
Flood risk level
High

Climate (30-year normals)

Average annual temperature
55.0°F
Average high
66.0°F
Average low
45.0°F
Annual precipitation
45.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
234
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
4.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
3
Nearest national park
William Howard Taft National Historic Site (11 mi)
Nearest airport
Cincinnati Municipal Airport Lunken Field (LUK) (7 mi)
Nearest major airport
Cincinnati Municipal Airport Lunken Field (LUK) (7 mi)
Hospitals nearby (~15 mi)
12
Avg hospital rating
3.5 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+58 tax filers

Housing stock

Median year housing built
1,973
Median annual property tax
$1,984
Mean commute to work
22 min
Households with broadband internet
62.5%

Employment & development

Total county employment
25,712
Average weekly wage
$1,087
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
113

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents