Malvern PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



map preview
Please wait, loading your map...

Highest
Lowest




Malvern, PA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Malvern Housing Market Information

With a population of 3,445, 1,516 total housing units (homes and apartments), and a median house value of $447,044, Malvern house prices are not only among the most expensive in Pennsylvania, Malvern real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Malvern, accounting for 32.51% of the borough's housing units. Other types of housing that are prevalent in Malvern include large apartment complexes or high rise apartments ( 30.12%), row houses and other attached homes ( 29.41%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.95%).

The most prevalent building size and type in Malvern are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 56.86% owning and 43.14% renting.

There is a lot of housing in Malvern built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Malvern built before 1939 ( 24.95%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.75%). There's also some housing in Malvern built between 2000 and later ( 15.64%).

Malvern Home Appreciation Rates

Appreciation rates for homes in Malvern have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 31.68%, which ranks in the top 50% nationwide. This equates to an annual average Malvern house appreciation rate of 2.79%.

NeighborhoodScout's data show that during the latest twelve months, Malvern's appreciation rate, at 5.82%, has been at or slightly above the national average. In the latest quarter, Malvern's appreciation rate has been 1.50%, which annualizes to a rate of 6.15%.

Relative to Pennsylvania, our data show that Malvern's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the borough. 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 2000, to assist you in making the best Malvern real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$447,044

Malvern Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
91.93% 3.27%
9
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,201 / per month

Homeownership Rate

Homeownership
Owners 56.86
Renters 43.14
Vacant 2.00

Housing Market Details

 

Age of Homes

AGE OF Malvern HOMES
2000 or Newer 15.6
1970 - 1999 38.7
1940 - 1969 20.7
1939 or Older 25.0

Types of Homes

TYPE OF Malvern HOMES
Single-Family 32.5
Townhomes 29.4
Small Apt. Buildings 8.0
Apt. Complexes 30.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Malvern HOMES
No Bedroom 0.00
1 Bedroom 18.29
2 Bedrooms 27.34
3 Bedrooms 31.03
4 Bedrooms 21.07
5 or more bedrooms 2.26