Malvern, AR Real Estate
According to census data in the year 2000 there were 4,189 housing units in Malvern.
This represents a 1.3% decline from 4,244 in 1990.
Of those housing units, 4,126 were located in either urbanized areas or urban clusters, and 63 were located in what is classified as a rural area.
Homeownership rate in Malvern is about 62.5%.
Malvern's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Malvern were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 10.20% |
| Two Bedrooms | 35.70% |
| Three Bedrooms | 47.40% |
| Four Bedrooms | 6% |
| Five Bedrooms or more | 0.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $49,100 |
| Median Price asked for vacant units | $34,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $323 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 2.10% |
| Simple Mortgage | 44% |
| Debt Free | 50.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
