51551
Malvern, Iowa.
Malvern, Mills County, IA · Omaha-Council Bluffs, NE-IA metro · population 1,842
to buy the typical home at today's mortgage rate — +$666 (+102%) since Jan 2020.
- 1 year
- Up $6,754 +3%
- $244,353$251,107 since Sep 2025
- 5 years
- Up $48,203 +24%
- $202,903$251,107 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 51551$1,318
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in zip 51551 rose 2.8% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Malvern, IA — measured over the city limits, which is a different area from this zip.
Typical home value — 51551
Mid-tier homes, smoothed and seasonally adjusted.
- 51551$251,107
- Omaha$306,318
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 5.3 | 51540 | Hastings | 372 | — | $207,294 |
| 7.6 | 51534 | Glenwood | 8,874 | — | $312,257 |
| 8.6 | 51653 | Tabor | 1,446 | — | $226,547 |
| 10.0 | 51649 | Randolph | 346 | — | $201,047 |
| 10.7 | 51571 | Silver City | 902 | — | $304,555 |
| 11.4 | 51533 | Emerson | 844 | — | $190,219 |
| 11.6 | 51561 | Pacific Junction | 1,039 | — | $226,401 |
| 13.5 | 51541 | Henderson | 273 | — | $178,604 |
| 14.2 | 51654 | Thurman | 325 | — | $219,501 |
| 15.4 | 51652 | Sidney | 1,569 | — | $192,644 |
| 17.3 | 51575 | Treynor | 1,609 | — | $362,012 |
| 18.0 | 68048 | Plattsmouth | 13,435 | $1,302 | $305,199 |
| 18.8 | 51566 | Red Oak | 7,010 | $650 | $134,997 |
| 19.0 | 51525 | Carson | 1,067 | — | $260,448 |
| 19.0 | 68005 | Bellevue | 21,984 | $1,055 | $256,068 |
| 19.2 | 51503 | Council Bluffs | 37,972 | $1,254 | $307,509 |
| 19.7 | 68409 | Murray | 625 | — | $293,562 |
| 19.8 | 51639 | Farragut | 919 | — | $177,025 |
| 19.8 | 51638 | Essex | 1,258 | — | $183,021 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.