Malvern, PA Real Estate
According to census data in the year 2000 there were 1,419 housing units in Malvern.
This represents a 7.6% growth from 1,319 in 1990.
Of those housing units, 1,419 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 61.8%.
Malvern's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Malvern were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 10.70% |
| Two Bedrooms | 35.20% |
| Three Bedrooms | 32.30% |
| Four Bedrooms | 17.10% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $187,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $994 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 58.50% |
| Debt Free | 30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
