Foreclosure Homes in Malvern, IA

Current Market Conditions in Malvern, IA

The real estate market in Malvern has shown a steady increase in home prices over the past year, with an uptick in interest from both local buyers and those relocating from nearby urban areas. The limited inventory of homes on the market has made it a competitive environment for buyers, driving up bidding activity and offering prices.

Currently, homeowners in Malvern are enjoying favorable market conditions as the demand for housing continues to outpace supply. This has led to quicker sales and homes often fetching prices above their asking values. Buyers are advised to act quickly, as newly listed properties typically attract multiple offers.

Rent Prices In Malvern, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Malvern, IA, is on a rollercoaster ride. The average rent price in Malvern, IA, is $1,353.00. Indeed, when looking to rent in Malvern, IA, you can expect to pay as little as $810.00 or as much as $2,420.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Malvern, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.