Zip 51551 (Malvern, IA) Housing

In 51551 Malvern, IA, the median value of housing is $217,800 which is significantly lower than the national median value of $338,100. However, the 1-year house appreciation in Malvern was 15.23%, far higher than the national average of 8.27%. This shows that although home values are low in Malvern, they are rising quickly and could be a great investment opportunity for potential buyers.

The median home cost in Malvern (zip 51551) is $217,800. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Malvern (zip 51551) is up 15.4%.

Average Age of Homes

- The median age of Malvern (zip 51551) real estate is 67 years old

The Rental Market in Malvern (zip 51551)

- Renters make up 13.2% of the Malvern (zip 51551) population
- 1.0% of houses and apartments in Malvern (zip 51551), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Malvern, Iowa	United States
	725.0	139,647,020.0
	49	42
	$217,800	$338,100
	15.4%	16.6%
	49.3%	57.0%
	69.7%	101.1%
	$12.78	$10.98
	$2,103	$2,690
	71.4%	57.4%
	12.4%	11.2%
	16.1%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	3.7%	0.7%
	1.1%	0.4%
	0.0%	3.6%
	6.6%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	1.2%	2.4%
	3.9%	2.8%
	4.2%	3.9%
	8.5%	4.5%
	22.0%	11.3%
	22.6%	13.0%
	17.4%	20.1%
	11.4%	13.6%
	4.1%	8.3%
	1.4%	9.7%
	0.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	2.8%	0.2%
	10.1%	13.6%
	10.1%	13.6%
	3.9%	13.6%
	1.2%	13.2%
	10.9%	14.8%
	3.9%	13.6%
	5.1%	10.0%
	2.9%	4.7%
	50.9%	12.2%

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