Malvern, OH Real Estate
According to census data in the year 2000 there were 588 housing units in Malvern.
This represents a 26.2% growth from 466 in 1990.
Of those housing units, 588 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Malvern is about 57.1%.
Malvern's vacancy rate, including seasonal lodging, is about 8.5%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Malvern were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 14.30% |
| Two Bedrooms | 38.40% |
| Three Bedrooms | 33% |
| Four Bedrooms | 12.10% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $76,600 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $242 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.80% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 40.30% |
| Debt Free | 45.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
