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MALVERN, IA 51551

Real Estate Market Report  ·  Mills County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MALVERN, IA real estate market (51551) currently shows 8 active listings, with 1 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 64 days on market compared to 88 days last year.

The median listing price has fallen 22.8% year-over-year, from $349,000 to $269,500.

Whether you are buying or selling in MALVERN, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,619  ·  Density: 7.6/mi²  ·  Median household income: $78,780

Typical home value: $181,235  ·  Homeownership: 77.9%

Market Overview

Active Listings
8
⇧ 14.3% vs 7 last year
Pending
1
13% pending ratio
Median Price
$269,500
⇩ 22.8% vs $349,000 last year
Average Price
$448,850
⇩ 0.9% vs $453,000 last year
Days on Market
64
⇩ 27.3% vs 88 days last year

Price Per Square Foot

Median $/sqft
$138
⇩ 35.8% vs $215/sqft last year
Median Home Size
2,028 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 7 last year
  • Days on market: 64 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $269,500 (-22.8% YoY)
  • Average: $448,850 (-0.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.2 miles — 312 listings ($90,225,242 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
51551Malvern, IA 515510.0 mi9$4,225,023$247,250$469,447
51534Glenwood, IA 515347.6 mi35$14,680,855$351,000$419,453
51571Silver City, IA 5157110.7 mi1$339,000$339,000$339,000
51561Pacific Junction, IA 5156111.6 mi3$525,000$175,000$175,000
51654Thurman, IA 5165414.2 mi1$799,000$799,000$799,000
51575Treynor, IA 5157517.3 mi3$1,566,750$522,250$522,250
51566Red Oak, IA 5156618.8 mi42$7,932,036$157,500$188,858
68005Bellevue, NE 6800519.0 mi38$9,749,546$233,750$256,567
68409Murray, NE 6840919.7 mi3$1,446,000$482,000$482,000
51638Essex, IA 5163819.9 mi3$842,499$272,500$280,833
68123Bellevue, NE 6812320.2 mi66$26,056,932$398,750$394,802
51601Shenandoah, IA 5160122.0 mi29$5,172,875$134,575$178,375
51501Council Bluffs, IA 5150122.2 mi79$16,889,726$198,750$213,794

Frequently Asked Questions

How many homes are for sale in MALVERN, IA 51551?

As of March 2026, there are 8 active listings in MALVERN, IA (zip code 51551), compared to 7 the prior year.

What is the median home price in MALVERN, IA 51551?

The median listing price in MALVERN, IA 51551 is $269,500 as of March 2026, a 22.8% decrease from $349,000 the prior year.

How long do homes stay on the market in MALVERN, IA?

Homes in MALVERN, IA 51551 spend an average of 64 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in MALVERN, IA 51551?

Based on current inventory and days-on-market data as of March 2026, MALVERN, IA 51551 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 64 days on market compared to 88 days last year.

How much can I save on real estate commission in MALVERN, IA?

With SELL123.com's maximum 3% commission, sellers in MALVERN, IA 51551 save an estimated $5,390 compared to a typical 5% commission on the median listing price of $269,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.