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Malvern, AR

Full City Profile · Arkansas · Hot Spring County County

2.8 /5.0
C+ Fair
10,938 Population 1,130/sq mi density
$40,602 Median Income $17,852 per capita
$95,500 Home Value $138,846 Zillow
$760 Median Rent 23.8% income on rent
61°F Avg Temperature 301 sunny days/yr
376 Violent Crime/100K 4,313 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$40,602 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$95,500 home value, $760/mo rent
F
Safety
1.0 / 5.0
376 violent crimes/100K
D
Education
1.9 / 5.0
10.7% bachelor's degree or higher

Housing Overview

Median Home Value
$95,500
66% below
US avg: $281,900
Median Rent
$760/mo
35% below
US avg: $1,163/mo
Homeownership Rate
55.3%
15% below US avg (65.4%)
Total Housing Units
4,030
Median year built: 1969

Home Value by Source

Census Median
$95,500
Zillow (ZHVI)
$138,846
Median Sale Price
$220,000
Median List Price
$228,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.3%
Owner-Occupied
44.7%
Renter-Occupied
55%
45%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $760/mo

Market Indicators (Redfin)

Median Days on Market
70 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
11
Price Drops
10.6%
of listings with price reduction
Price Per Sq Ft
$114
Active Inventory
47
homes for sale

Affordability & Housing Stock

Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
55.3%

Complete Housing Data

Home Values

Census Median Value$95,500
Zillow Home Value (ZHVI)$138,846
Median Sale Price$220,000
Median List Price$228,450
Price Per Sq Ft$114

Rent

Census Median Rent$760
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market70
Sale-to-List Ratio0.9%
Price Drops10.6%
Homes Sold11
Active Inventory47
Price Per Sq Ft$114

Ownership & Stock

Owner-Occupied55.3%
Renter-Occupied44.7%
Homeownership Rate55.3%
Total Housing Units4,030
Median Year Built1969
Rent Burden23.8%