Malvern, OH44644

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$267,000
5.3% YoY Growth
Median Household Income
$56,200
20.6% 5-Year Growth
Days on Market
53
60.0% Longer than last year
Home Price Forecast
2.1%
Median Rent
$800
75.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$800
N/A
3-Bed Rent
N/A
N/A

Property Listings — Malvern, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Malvern, OH is 53. This is a increase of 60.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$449,000-12.0%
Listing Count
3048.0%
Listings as % of Homes0.4%48.0%
Days on Market
5360.0%
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Demographics — Malvern, OH

As of the latest ACS Survey released in 2023, Malvern, OH has a population of 4,440, which has decreased by -10.2% over the past 5 years. Malvern, OH is a moderately popular place for families, as children make up 18.9% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,440-10.2%
% Under 18
18.9%-13.7%
% Seniors
32.4%68.8%
% WFH
12.0%76.5%
% w/ College Degree
23.1%11.1%
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As of the latest ACS Survey released in 2023, Malvern, OH is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Malvern, OH is black, making up 2.8% of the population. Foreign-born residents account for 0.6% of the population in Malvern, OH, and this percentage has decreased by 40.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.1%-2.6%
% Black
2.8%300.0%
% Hispanic
0.2%-71.4%
% Asian
0.0%-100.0%
% Foreign Born
0.6%-40.0%
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Mortgage and Risk — Malvern, OH

According to HUD data as of 2023, there were 110 mortgage originations in Malvern, OH, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Malvern, OH. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
110
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
1.0%
% Second Loans
5.0%
% Cash Out Refinance
19.0%

Loan Activity

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Rentals and Section 8 — Malvern, OH

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

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
0.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$690
2 Bedroom$100$800$900
3 BedroomN/AN/A$1,130
4 BedroomN/AN/A$1,190

Affordability — Malvern, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$267,000
Median Household Income$56,200

Malvern, OH — ZIP Code Boundary Map

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Frequently Asked Questions