Home

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.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom10.20%
Two Bedrooms31.20%
Three Bedrooms41.20%
Four Bedrooms15%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1939
Median Value of occupied units$71,800
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size1.88
Median year structure was built1962
Median Monthly Rent asked for vacant units$385

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.80%
Home Equity Loan4.60%
Simple Mortgage48.80%
Debt Free44.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%