Malvern, AR Real Estate

According to census data in the year 2000 there were 4,189 housing units in Malvern. This represents a 1.3% decline from 4,244 in 1990.

Of those housing units, 4,126 were located in either urbanized areas or urban clusters, and 63 were located in what is classified as a rural area.

Homeownership rate in Malvern is about 62.5%. Malvern's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Malvern were built after 1965.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom10.20%
Two Bedrooms35.70%
Three Bedrooms47.40%
Four Bedrooms6%
Five Bedrooms or more0.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1965
Median Value of occupied units$49,100
Median Price asked for vacant units$34,300

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1964
Median Monthly Rent asked for vacant units$323

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage2.80%
Home Equity Loan2.10%
Simple Mortgage44%
Debt Free50.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%