Malvern, Arkansas.
Typical home $139,410 (-3.2% in a year), asking rent $1,200 . Malvern, AR metro.
to buy the typical home at today's mortgage rate — +$317 (+77%) since Jan 2020.
- 1 year
- Down $4,602 -3%
- $144,012$139,410 since Sep 2025
- 5 years
- Up $1,747 +1%
- $137,664$139,410 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.
- Malvern$732
- Arkansas$1,177
- United States$1,922
Typical home values in Malvern, AR fell 3.2% over the past year — slower than the nation's +1.2%.
Living in Malvern, Hot Spring County, Arkansas
Malvern is a city of 10,867 people in Hot Spring County. 50% of its homes are lived in by their owners and 50% are rented. Unemployment in Hot Spring County was 3.8% in August 2026, and the county had 4.3% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Malvern is a small city and the seat of Hot Spring County, in central Arkansas. Residents are about as evenly split between owning and renting their homes, and typical home values sit at a modest level. Fewer adults hold a four-year degree than across much of the country, and a good share of households live below the poverty line. Winters are mild and rarely snowy, summers are hot, and rain falls plentifully through the year.
Work. Many residents work in schools, hospitals and social care, in shops, in restaurants and hotels, and in government. Among the largest workplaces in Malvern are the Malvern School District, Walmart and Pactiv, which makes polystyrene foam products. The commute is fairly short, and very few people work from home.
Things to do. Lake Catherine State Park, a protected area with a lake, is a short drive away. A longer drive leads to Hot Springs National Park, one of the best known places in the region, and to Garvan Woodland Gardens, a botanical garden. DeGray Lake, a large reservoir, is also a longer drive away and suits a day on the water.
Report a mistake
- 3,481households
- 13%of adults have a degree
- 20%below the poverty line
- 22 mintypical commute
- 4%work from home
What residents work in
Employed residents by industry, from the Census survey. Hot Spring County had 7,627 jobs in 2025, 4.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 52° and lows near 29°; warmest in July, with highs near 92° and lows near 70°. About 1 inches of snow and 57 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Malvern weather station, 2 miles away (NOAA).
Largest workplaces in Malvern
- Malvern School DistrictSchool district310FTE
- WalmartWarehouse clubs and supercenters290
- PactivPolystyrene foam product manufacturing272
- SystemsTubing, flexible metal, manufacturing159
- Anthony Timberlands, Inc. MalvernDimension lumber, softwood, made from logs or bolts150
- Baptist Health Medical Center - HSCGeneral hospital134FTE
- Encore Healthcare and RehabSkilled nursing facilities118
- ProductionBrick manufacturer64
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 11 workplaces with 20 or more staff, 1,315 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsVery high
- LightningVery high
- Strong windRelatively high
- HailRelatively high
- TornadoesRelatively high
- Winter weatherRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Malvern’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hot Spring County and the Malvern, AR metro.
Malvern home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Malvern$139,410
- Arkansas$224,158
- United States$366,157
Sellers are cutting prices on about 1 in 4 Malvern listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Malvern27.21%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Malvern95
New listings per month
Sellers arriving at the market.
- Malvern20
Zip codes with a Malvern address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Malvern — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.