Malvern, AL Real Estate

According to census data in the year 2000 there were 557 housing units in Malvern. This represents a 140.1% growth from 232 in 1990.

Of those housing units, 9 were located in either urbanized areas or urban clusters, and 548 were located in what is classified as a rural area.

Homeownership rate in Malvern is about 83.7%. Malvern's vacancy rate, including seasonal lodging, is about 12.9%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Malvern were built after 1980.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom4.50%
Two Bedrooms26.90%
Three Bedrooms59.20%
Four Bedrooms7.70%
Five Bedrooms or more0.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1981
Median Value of occupied units$65,800
Median Price asked for vacant units$71,300

Rented Homes, Apartments and Condos

Average Household Size2.94
Median year structure was built1977
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan9%
Simple Mortgage63.70%
Debt Free24.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%