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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 Type0.50%
One Bedroom14.30%
Two Bedrooms38.40%
Three Bedrooms33%
Four Bedrooms12.10%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1939
Median Value of occupied units$76,600
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1952
Median Monthly Rent asked for vacant units$242

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.80%
Second Mortgage5.90%
Home Equity Loan5.90%
Simple Mortgage40.30%
Debt Free45.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17%