Malvern, AR has a median housing value of $119,200, which is significantly lower than the US median house value of $338,100. However, over the last year Malvern's housing appreciation rate has been higher than the national average at 9.77% compared to 8.27% respectively. This indicates that while Malvern's median housing value may be lower than the US average, it is seeing robust growth and appreciation in its real estate market.
The median home cost in Malvern is $119,200. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Malvern is up 18.8%.
Average Age of Homes
- The median age of Malvern real estate is 48 years old
The Rental Market in Malvern
- Renters make up 39.8% of the Malvern population
- 1.6% of houses and apartments in Malvern, 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.