The housing market in 72104 Malvern, AR is currently quite strong. The median value of homes in the area is $115,800 which is significantly lower than the US House median value of $338,100. This makes housing much more affordable and attractive to potential buyers. Additionally, the 1 year house appreciation rate in 72104 Malvern, AR is 9.77%, which is higher than the US average of 8.27%. This suggests that now may be a good time to buy property in this area as prices are increasing quickly year over year.
The median home cost in Malvern (zip 72104) is $115,800. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Malvern (zip 72104) is up 18.8%.
Average Age of Homes
- The median age of Malvern (zip 72104) real estate is 40 years old
The Rental Market in Malvern (zip 72104)
- Renters make up 28.7% of the Malvern (zip 72104) population
- 0.7% of houses and apartments in Malvern (zip 72104), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.