Malvern appreciation rates and housing market information

Malvern housing market information

With a population of 8,974, 4,189 total housing units (homes and apartments), and a median house value of $79,511,

single-family detached homes are the single most common housing type in Malvern, accounting for 79.61% of the city's housing units. Other types of housing that are prevalent in Malvern include duplexes, homes converted to apartments, or other small apartment buildings (8.69%), large apartment complexes or high rise apartments (6.49%), mobile homes or trailers (3.70%), and a few row houses and other attached homes (1.50%).

The most prevalent building size and type in Malvern are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 56.39% owning, and 33.80% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Malvern's housing was primarily built during this period, from the '40s through the '60s. A full 50.94% of the city's housing hails from this era. Other housing ages represented in Malvern include homes built between 1970-1994 (36.14%), and housing constructed from 1939 and earlier (10.29%). There's also some housing in Malvern built between 1995 and later (2.63%).

Malvern home appreciation rates

Malvern's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Malvern during the period has been just 4.27%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Malvern home appreciation rates, at 0.52%, have been at or slightly above the national average. In the latest quarter, Malvern's appreciation rate has been 0.13%, which annualizes to a rate of 0.52%.

Relative to Arkansas, our data show that Malvern's latest annual appreciation rate is higher than 27% of the other cities and towns in Arkansas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Malvern differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Malvern - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Malvern real estate investment or home purchase decisions.