$7,124 Closing Credit*
$599,900
2,264 SqFt
2 Beds
•3 Full Baths
Robyn R Clark, Listing Office: Cutler Real Estate
Is Malvern, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Malvern was a Seller's Market.
Key Takeaway
Malvern is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Malvern, OH
How much do homes in Malvern, OH cost?
Median Sold Price
$335,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$47,000(+16.3%)
Key Takeaway
Homes in Malvern have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Malvern was $335,000 in November 2024, up 16.3% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.9K | $500K | +670.4% |
| 2 Bedrooms | $204K | $218.5K | +7.1% |
| 3 Bedrooms | $221.2K | $270K | +22.1% |
| 4 Bedrooms | $490K | $625K | +27.6% |
| 5+ Bedrooms | $1.0M | $750K | -26.3% |
Summary: Malvern housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 670.4%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes decreased by 26.3%.
Median Sold Price Compared To Nearby Cities
| Malvern | $288K | $335K | +16.3% |
| Brown Township | $203.8K | $233.5K | +14.6% |
Housing Supply in Malvern, OH
How many homes are available in Malvern, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Malvern real estate market had 18 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Malvern housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Malvern, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Malvern in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Malvern, OH
How long does it take to sell a home in Malvern, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 73 Days | +114.1% |
Summary: Homes in Malvern had an average of 73 days on market in Nov 2024, up by 114.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Malvern has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Malvern; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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