Malvern, IA Real Estate
According to census data in the year 2000 there were 500 housing units in Malvern.
This represents a 7.3% growth from 466 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 500 were located in what is classified as a rural area.
Homeownership rate in Malvern is about 80.4%.
Malvern's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Malvern were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1939|
|Median Value of occupied units||$71,800|
|Median Price asked for vacant units||$80,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.88|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$385|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.1%|