Housing in the Malvern, AR Metro Area is a great investment. The median value of homes there is currently $135,100, significantly lower than the US average of $338,100. Moreover, the 1 year house appreciation rate in Malvern was 15.62%, which is higher than the national average of 8.27%. This demonstrates why investing in property in this area can be a great long-term asset to add to your portfolio.
The median home cost in Malvern Metro Area is $135,100. Home appreciation the last 10 years has been 55.8%. Home Appreciation in Malvern Metro Area is up 18.9%.
Average Age of Homes
- The median age of Malvern Metro Area real estate is 36 years old
The Rental Market in Malvern Metro Area
- Renters make up 24.2% of the Malvern Metro Area population
- 0.5% of houses and apartments in Malvern Metro Area, 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.