Is Melba, ID 83641 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Melba is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$296▲ +1.4% vs. last year

The Melba housing market right now

In the three months ending August 31, 2026, 0% of homes in Melba, ID 83641 sold above their list price, the typical home went under contract in 65 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (37 days then) and the median sale price rose 77% to $644,721. Overall, Melba is less competitive than a year ago, which gives buyers more room.

Within Owyhee County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Marsing 83639 (22% sold over asking) and Homedale 83628 (8% sold over asking) are even more competitive.

Nearby markets

Bruneau 83604 — /sq ftGrand View 83624Buyer’s market $231 /sq ftHammett 83627Seller’s market $201 /sq ftHomedale 83628Seller’s market $277 /sq ft Browse all markets →

Where Melba is

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Questions about Melba real estate

Is Melba a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in Melba, ID 83641 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Melba?

The typical home went under contract in 65 days in the latest three months.

Do homes in Melba sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.

What are property taxes in Melba?

About 0.40% of a home’s value a year in Owyhee County, or roughly $1,600 on a $400,000 home.

What is the median home price in Melba?

The median sale price was $644,721 in the three months ending August 31, 2026, about $296 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology