Malverne, NY Real Estate

According to census data in the year 2000 there were 3,161 housing units in Malverne. This represents a 0.5% decline from 3,178 in 1990.

Of those housing units, 3,161 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Malverne is about 93.6%. Malverne's vacancy rate, including seasonal lodging, is about 1.6%. Average household size is 2.89 people.

The majority of houses, apartments or condos in Malverne were built after 1944.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom1.80%
Two Bedrooms13.20%
Three Bedrooms53.10%
Four Bedrooms24.20%
Five Bedrooms or more7.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1944
Median Value of occupied units$241,500
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1948

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan9.10%
Simple Mortgage54.90%
Debt Free31.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.4%