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Median Home Price in Malvern, AR

The median home value in Malvern, AR is $143,909 as of 2026-07-31, down 2.77% from a year earlier.

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Median Home Value

$143,909

Year-over-Year

-2.77%

Population

11,155

Malvern ranks #51 of 64 Arkansas cities tracked here by median home value, and sits 33.4% below the state's city median of $216,192. It sits in Hot Spring County, where the county-wide median is $164,116.

Housing affordability in Malvern

Median household income in Malvern is $46,250, so the typical home value is about 3.1× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Malvern

Malvern police recorded a violent crime rate of 654 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,402 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Malvern

What is the average home price in Malvern, AR?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Malvern, that value is $143,909. That's down 2.77% from a year earlier. It is about 33.4% below the typical Arkansas city tracked here.

Is Malvern expensive compared to the surrounding area?

Homes in Malvern are cheaper than Hot Spring County as a whole, where the median is $164,116 — a difference of about 12.3%.

Is Malvern affordable?

Median household income here is $46,250, so the typical home value is about 3.1× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Malvern a safe place to live?

Malvern police reported 654 violent crimes per 100,000 residents, covering a population of about 11,155. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in AR

Texarkana · Monticello · Pocahontas · Magnolia · Wynne · White Hall · El Dorado · Trumann