Malvern, IA Real Estate
According to census data in the year 2000 there were 500 housing units in Malvern.
This represents a 7.3% growth from 466 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 500 were located in what is classified as a rural area.
Homeownership rate in Malvern is about 80.4%.
Malvern's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Malvern were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 10.20% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 41.20% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $71,800 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $385 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.80% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 48.80% |
| Debt Free | 44.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
