Malverne, New York.
Typical home $813,325 (+6.1% in a year). New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$2,240 (+110%) since Jan 2020.
- 1 year
- Up $46,608 +6%
- $766,717$813,325 since Sep 2025
- 5 years
- Up $186,542 +30%
- $626,784$813,325 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.
- Malverne$4,269
- New York$2,755
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Malverne, NY rose 6.1% over the past year — faster than the nation's +1.2%.
Living in Malverne, Nassau County, New York
Malverne is a village of 8,560 people in Nassau County. Half its households earn more than $149,489 a year and half less, against $146,202 across Nassau County; 8% of its people live below the poverty line. 96% of its homes are lived in by their owners and 4% are rented. Unemployment in Nassau County was 3.8% in August 2026, and the county had 0.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
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 It can be wrong or out of date.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. Malverne is a village on Long Island, in Nassau County, where nearly everyone owns the home they live in. Households here earn somewhat more than the county's typical household, and the population skews older than much of the country. Winters are cold, with January the coldest month, and summers are warm, with July the warmest. Snow falls most winters, and the year is a wet one overall.
Work. Many residents work in schools, hospitals and social care, and in professional and business services, with building trades and banking, insurance and property also well represented. Within the village itself, the largest workplaces are public ones: the Malverne Union Free School District, the Malverne Fire Department and the Malverne Department of Public Works. A good share of adults hold a four-year degree, a fair number work from home, and the commute is on the long side.
Things to do. Most of the better-known places to visit are a longer drive away. The Statue of Liberty is one of the best known tourist attractions in the country, and Central Park offers green space and gardens in the city. The Metropolitan Museum of Art is a major museum, and Coney Island is a beach on the water.
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- 3,017households
- 55%of adults have a degree
- 8%below the poverty line
- 33 mintypical commute
- 20%work from home
What residents work in
Employed residents by industry, from the Census survey. Nassau County had 636,274 jobs in 2025, 0.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 39° and lows near 26°; warmest in July, with highs near 82° and lows near 67°. About 26 inches of snow and 49 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Oceanside weather station, 4 miles away (NOAA).
Largest workplaces in Malverne
- Malverne Union Free School DistrictSchool district322FTE
- Malverne Fire DepartmentFire departments)72
- Malverne Department of Public WorksGeneral services departments, government30
- Malverne Police DepartmentPolice departments24
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 126 people in all. School districts come from the Common Core of Data (NCES, 2023–24); 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 stormsRelatively moderate
- Winter weatherRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Malverne’s census tracts, against the rest of the country; all of them together, relatively low. 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 Nassau County and the New York-Newark-Jersey City, NY-NJ-PA metro.
Malverne home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Malverne$813,325
- New York$524,942
- United States$366,157
Sellers are cutting prices on about 1 in 11 Malverne listings — the market is roughly in balance.
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.
- Malverne9.39%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Malverne28
New listings per month
Sellers arriving at the market.
- Malverne11
Zip codes with a Malverne address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Malverne — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.