Market Overview
Home Prices in Melber, KY
The median home value in Melber, KY is $217,022 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and up 9.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Melber are priced47% below average. Melber is part of the Mayfield, KY metro area.
Over the past five years, Melber home values have risen by approximately43.8%, reflecting strong long-term appreciation in this market.
Price History
Melber Home Price Trend
City Comparison
Melber vs. National Median
At $217,022, homes in Melber cost 47% below the national median of $410,000. This makes Melber a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Melber?
20% Down Payment
$43,404
on $217,022
Monthly P&I
$1,132/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,438/mo
incl. taxes & insurance
Income Needed
$57,520
gross annual (30% rule)
10% Down Option
$21,702
+ PMI applies
Loan Amount (20% dn)
$173,618
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 Melber, KY?
The median home value in Melber is $217,022 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Melber?
Over the past year, home values in Melber have increased by 1.9%. Over five years, prices have risen approximately 43.8%.
How much do I need to earn to buy a home in Melber?
To comfortably afford the median home price of $217,022 with a 20% down payment ($43,404) at today's rates (6.8%), you'd need a gross annual income of approximately $57,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Melber compare to the national average home price?
The national median home value is approximately $410,000. At $217,022, homes in Melber are 47% below the national average.
What metro area is Melber part of?
Melber is part of the Mayfield, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.