Malvern

Nestled in Carroll County, this small Ohio community of 1,687 residents currently has 33 active listings on the market. The median home price sits at $399,000, with buyers paying approximately $174 per square foot for properties that average 2,336 square feet in size. That median price point stands notably high relative to the local median household income of $28,327, suggesting that buyers are coming from outside the immediate area or that properties are attracting interest beyond the local population. The owner-occupied rate of 38.0 percent indicates that rental housing makes up a substantial share of the residential landscape, which may appeal to investors evaluating the area. Families with children would be served by Brown Local School District. The combination of larger home sizes and a relatively modest price per square foot could draw buyers seeking more space than what comparable dollars might purchase in more densely populated parts of the state.

Market description generated from current MLS and U.S. Census data.