$6,116 Closing Credit*
$515,000
3,018 SqFt
4 Beds
•3 Full Baths
Justin B Carroll, Listing Office: RE/MAX Infinity
Is Malvern, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Malvern has remained a Seller's Market.
Key Takeaway
Malvern is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Malvern, OH
How much do homes in Malvern, OH cost?
Median Sold Price
$332,500
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$41,500(+14.3%)
Key Takeaway
Homes in Malvern have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Malvern was $332,500 in December 2024, up 14.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.9K | $500K | +670.4% |
| 2 Bedrooms | $207K | $215K | +3.9% |
| 3 Bedrooms | $227.4K | $270K | +18.7% |
| 4 Bedrooms | $487.5K | $600K | +23.1% |
| 5+ Bedrooms | $1.0M | $750K | -26.3% |
Summary: Malvern housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 670.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 26.3%.
Median Sold Price Compared To Nearby Cities
| Brown Township | $204K | $242K | +18.6% |
| Malvern | $291K | $332.5K | +14.3% |
Housing Supply in Malvern, OH
How many homes are available in Malvern, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The Malvern real estate market had 14 homes for sale in December 2024, a 22.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Malvern housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Malvern, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Malvern in December 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 44 Days | 11 Days | -74.7% |
Summary: Homes in Malvern had an average of 11 days on market in Dec 2024, down by 74.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Malvern are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Malvern; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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