Malvern, OH

Full City Profile · Ohio · Carroll County County

2.9 /5.0
C+ Fair
1,687 Population 2,311/sq mi density
$28,327 Median Income $19,626 per capita
$117,800 Home Value $286,487 Zillow
$573 Median Rent 28.9% income on rent
52°F Avg Temperature
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$28,327 median income, 1.1% unemployment
A
Affordability
4.3 / 5.0
$117,800 home value, $573/mo rent
D
Education
2.0 / 5.0
12.0% bachelor's degree or higher

Housing Overview

Median Home Value
$117,800
58% below
US avg: $281,900
Median Rent
$573/mo
51% below
US avg: $1,163/mo
Homeownership Rate
38.0%
42% below US avg (65.4%)
Total Housing Units
768
Median year built: 1953

Home Value by Source

Census Median
$117,800
Zillow (ZHVI)
$286,487
Redfin Median Sale
$107,500
Median Sale Price
$107,500
Median List Price
$609,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

38.0%
Owner-Occupied
62.0%
Renter-Occupied
38%
62%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $573/mo

Market Indicators (Redfin)

Median Sale Price
$107,500
Median Days on Market
92 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$78
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
28.9%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
38.0%

Complete Housing Data

Home Values

Census Median Value$117,800
Zillow Home Value (ZHVI)$286,487
Redfin Median Sale$107,500
Median Sale Price$107,500
Median List Price$609,000
Price Per Sq Ft$78

Rent

Census Median Rent$573
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market92
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold2
Active Inventory2
Price Per Sq Ft$78

Ownership & Stock

Owner-Occupied38.0%
Renter-Occupied62.0%
Homeownership Rate38.0%
Total Housing Units768
Median Year Built1953
Rent Burden28.9%