Melbourne city: Median Home Value Trend
How Melbourne city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$81,500
2023
$203,000
Total change
+$121,500
% change
+149.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $81,500 | — |
| 2019 | $79,600 | $1,900 (-2.3%) |
| 2020 | $78,600 | $1,000 (-1.3%) |
| 2021 | $79,000 | +$400 (0.5%) |
| 2022 | $144,000 | +$65,000 (82.3%) |
| 2023 | $203,000 | +$59,000 (41%) |