Melba, ID housing market
The typical Melba home is worth about $684,000, up 6.3% in a year, 43% above the Idaho typical home.
Home values, sales, trends and how Melba compares with the towns next door — updated as new data is published.
Melba at a glance
Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Melba | Idaho |
|---|---|---|
| 2017 | $246,000 | $217,000 |
| 2018 | $272,000 | $237,000 |
| 2019 | $323,000 | $269,000 |
| 2020 | $362,000 | $299,000 |
| 2021 | $469,000 | $364,000 |
| 2022 | $626,000 | $471,000 |
| 2023 | $642,000 | $464,000 |
| 2024 | $620,000 | $460,000 |
| 2025 | $649,000 | $472,000 |
| 2026 | $669,000 | $478,000 |
| August 2026 | $684,000 | $479,000 |
3 new homes permitted in 2025
Builders were permitted 3 new homes in Melba in 2025, all single-family houses, worth about $1.3 million to build. Over the past 10 years, Melba has permitted 37 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Melba gained 59 residents while 7 new homes were permitted: about 8.4 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Idaho: 2.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $1.1 million |
| 2025 | 3 | 3 | 0 | $1.3 million |
| 2024 | 4 | 4 | 0 | $920,000 |
| 2023 | 15 | 15 | 0 | $3.5 million |
| 2022 | 7 | 7 | 0 | $1.6 million |
| 2021 | 1 | 1 | 0 | $400,000 |
| 2020 | 1 | 1 | 0 | $200,000 |
| 2019 | 1 | 1 | 0 | $120,000 |
| 2018 | 4 | 4 | 0 | $529,000 |
| 2017 | 1 | 1 | 0 | $156,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 1 | 1 | 0 | $51,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 2 | 2 | 0 | $202,000 |
| 2007 | 3 | 3 | 0 | $441,000 |
| 2006 | 1 | 1 | 0 | $186,000 |
| 2005 | 4 | 4 | 0 | $552,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 11 | 11 | 0 | $1.2 million |
| 2002 | 3 | 3 | 0 | $316,000 |
| 2001 | 18 | 18 | 0 | $1.7 million |
| 2000 | 3 | 3 | 0 | $254,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,660
HUD's Fair Market Rent for a two-bedroom in Melba is $1,660 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Melba pay a median of $1,067, so moving in tends to cost more than staying put.
Studio $1,170 · 4 bedrooms $2,780
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (83641; Boise City, ID HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Melba
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.