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Malvern Mortgage Quotes And Real Estate


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Malvern Mortgage and Real Estate Facts

Overview

Malvern has 1,361 housing units, combining houses, condominiums, and apartments. About 62% of housing units in the town are owner-occupied.

Malvern Mortgage

About 70% of owner-occupied housing units in Malvern have a mortgage of one type or another. Approximately 11% of housing units in the town carry a second mortgage or home equity loan.

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Malvern Mortgage Statistics

CategoryValue
Homes With No Mortgage30%
With A Mortgage70%
First Mortgage Only58%
Second Mortgage or Home Equity Loan11%
Second Mortgage Only3%
Home Equity Loan Only9%

Malvern Housing Expenses

CategoryValue
Owner Costs as % of Income19.6%
Median Real Estate Taxes (2000)$2,531

Malvern Household Size

CategoryValue
Total Occupied1,361
1-Person Households35%
2-Person Households35%
3-Person Households14%
4-Person Households10%
5-Person Households4%
6-Person Households2%
7+-Person Households0%

Malvern Housing Stock

CategoryValue
Median Year Built1968
Median Year Built (Owner Occupied)1970
Median Year Built (Renter Occupied)1966

Malvern Home Heating

CategoryValue
Using Utility Co. Gas Heat56%
Using Bottled/Tank Gas Heat2%
Using Electric Heat10%
Using Oil Heat32%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Malvern Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom4%
2 Bedrooms23%
3 Bedrooms43%
4 Bedrooms24%
5+ Bedrooms5%

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