Malverne, NY—11565
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Malverne, NY
As of Oct '25, the median home price in Malverne, NY is $777,000, with a year-over-year change of 4.4%. This indicates that home prices in Malverne, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $777,000 | 4.4% |
| Single Family | $777,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $785,000 | 3.6% |
4 Bed | $829,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Malverne, NY
As of July '25, Rentcast reports the average rent in Malverne, NY is $3,350, with a year-over-year rent change of -42.7%. Per bedroom, the median rent as of July '25 in Malverne, NY is 3-bedrooms: $3,350. The most common rental property sizes in Malverne, NY are 2-bedroom and 1-bedroom, accounting for 41.4% and 35.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $3,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,900 | $3,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Malverne, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Malverne, NY is 30. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $772,000 | 6.0% |
Listing Count | 44 | 59.0% |
| Listings as % of Homes | 0.5% | 59.0% |
Days on Market | 30 | -13.0% |
Demographics — Malverne, NY
As of the latest ACS Survey released in 2023, Malverne, NY has a population of 8,910, which has increased by 2.4% over the past 5 years. Malverne, NY is a moderately popular place for families, as children make up 20.3% of the population. The area has a highly educated workforce, with 56.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,910 | 2.4% |
% Under 18 | 20.3% | 7.4% |
% Seniors | 21.8% | -0.5% |
% WFH | 19.5% | 343.2% |
% w/ College Degree | 56.4% | 8.3% |
As of the latest ACS Survey released in 2023, Malverne, NY is a predominantly white area, with 70.8% of the population identifying as white. The white population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Malverne, NY is hispanic, making up 15.6% of the population. Foreign-born residents account for 13.2% of the population in Malverne, NY, and this percentage has increased by 6.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.8% | -7.8% |
% Black | 4.3% | -37.7% |
% Hispanic | 15.6% | 113.7% |
% Asian | 3.3% | -15.4% |
% Foreign Born | 13.2% | 6.5% |
Mortgage and Risk — Malverne, NY
According to HUD data as of 2023, there were 136 mortgage originations in Malverne, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Malverne, NY. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 136 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Malverne, NY
Malverne, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,060 |
| 2 Bedroom | N/A | N/A | $2,380 |
| 3 Bedroom | $190 | $2,900 | $3,090 |
| 4 Bedroom | N/A | N/A | $3,310 |
Affordability — Malverne, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $777,000 |
| Median Household Income | $145,000 |