Malvern, PA

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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 Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Malvern Housing Market Information

With 3,410 people, 1,517 houses or apartments, and a median cost of homes of $396,216, 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 37.45% of the borough's housing units. Other types of housing that are prevalent in Malvern include row houses and other attached homes ( 28.80%), large apartment complexes or high rise apartments ( 26.59%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.15%).

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 53.09% owning and 46.91% 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 ( 25.10%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.56%). There's also some housing in Malvern built between 2000 and later ( 12.03%).

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 16.95%, which ranks in the top 40% nationwide. This equates to an annual average Malvern house appreciation rate of 1.58%.

NeighborhoodScout's data show that during the latest twelve months, Malvern's appreciation rate, at 5.05%, has been at or slightly above the national average. In the latest quarter, Malvern's appreciation rate has been 1.35%, which annualizes to a rate of 5.53%.

Relative to Pennsylvania, our data show that Malvern's latest annual appreciation rate is lower than 50% 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:


Value Range
> $1,165,000 0.9
$874,001 - $1,165,000 5.2
$582,001 - $874,000 23.8
$466,001 - $582,000 13.8
$350,001 - $466,000 10.5
$233,001 - $350,000 27.4
$117,001 - $233,000 17.4
$58,001 - $117,000 0.0
$0 - $58,000 1.0

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
11.6846715328467 4.05405405405405

Number Of Homes And Apartments:

Malvern Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
Since 2000:
2000 Q1 - 2018 Q3
79.76% 3.18%
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,198 / per month

Homeownership Rate

Owners 53.09
Renters 46.91
Vacant 1.37

Housing Market Details


Age of Homes

2000 or Newer 12.0
1970 - 1999 40.3
1940 - 1969 22.6
1939 or Older 25.1

Types of Homes

Single-Family 37.5
Townhomes 28.8
Small Apt. Buildings 7.2
Apt. Complexes 26.6
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 0.65
1 Bedroom 10.86
2 Bedrooms 28.35
3 Bedrooms 34.33
4 Bedrooms 21.46
5 or more bedrooms 4.36