Malvern, IA51551

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$244,000
4.0% YoY Growth
Median Household Income
$82,200
0.4% 5-Year Growth
Days on Market
63
23.0% Longer than last year
Home Price Forecast
1.9%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Malvern, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Malvern, IA is 63. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$252,000-30.0%
Listing Count
1030.0%
Listings as % of Homes1.1%30.0%
Days on Market
6323.0%
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Demographics — Malvern, IA

As of the latest ACS Survey released in 2023, Malvern, IA has a population of 1,880, which has increased by 7.6% over the past 5 years. Malvern, IA is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,8807.6%
% Under 18
22.5%22.3%
% Seniors
16.4%-23.7%
% WFH
10.3%157.5%
% w/ College Degree
29.4%48.5%
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As of the latest ACS Survey released in 2023, Malvern, IA is a predominantly white area, with 96.4% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Malvern, IA is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.3% of the population in Malvern, IA, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.4%-0.4%
% Black
0.1%-85.7%
% Hispanic
1.4%-30.0%
% Asian
0.3%∞%
% Foreign Born
0.3%-50.0%
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Mortgage and Risk — Malvern, IA

According to HUD data as of 2023, there were 75 mortgage originations in Malvern, IA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Malvern, IA. Investor activity is low, as 8.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
75
% Conventional Loans
76.0%
% Government Loans
24.0%
% Investor Loans
8.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Malvern, IA

Malvern, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
40
Total Units Section 8
20
% Rentals under Section 8
24.7%
% Occupied Section 8
94.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$910
2 BedroomN/AN/A$1,090
3 BedroomN/AN/A$1,450
4 BedroomN/AN/A$1,610

Affordability — Malvern, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$244,000
Median Household Income$82,200

Malvern, IA — ZIP Code Boundary Map

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Frequently Asked Questions