Market Overview
Home Prices in Melba, ID
The median home value in Melba, ID is $685,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Melba are priced67% above average. Melba is part of the Boise City, ID metro area.
Over the past five years, Melba home values have risen by approximately17.4%, reflecting steady appreciation in this market.
Price History
Melba Home Price Trend
2020
$391,938
$392K
—
2021
$584,119
$584K
+49.0%
2022
$707,852
$708K
+21.2%
2023
$632,357
$632K
-10.7%
2024
$649,557
$650K
+2.7%
2025
$656,672
$657K
+1.1%
2026
$685,540
$686K
+4.4%
City Comparison
Melba vs. National Median
🏠 Melba
$685,540
National Median
$410,000
At $685,540, homes in Melba cost 67% above the national median of $410,000. Buyers in Melba should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Melba?
20% Down Payment
$137,108
on $685,540
Monthly P&I
$3,575/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,540/mo
incl. taxes & insurance
Income Needed
$181,600
gross annual (30% rule)
10% Down Option
$68,554
+ PMI applies
Loan Amount (20% dn)
$548,432
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Melba, ID?
The median home value in Melba is $685,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Melba?
Over the past year, home values in Melba have increased by 4.4%. Over five years, prices have risen approximately 17.4%.
How much do I need to earn to buy a home in Melba?
To comfortably afford the median home price of $685,540 with a 20% down payment ($137,108) at today's rates (6.8%), you'd need a gross annual income of approximately $181,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Melba compare to the national average home price?
The national median home value is approximately $410,000. At $685,540, homes in Melba are 67% above the national average.
What metro area is Melba part of?
Melba is part of the Boise City, ID metropolitan area. Home prices and market conditions can vary across the broader metro region.