Malvern Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Malvern averaged 6.91% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.85% and one month ago for the week of 2024-03-07, the average rate was 6.81%.

Malvern's average rate one year ago was 6.21%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.48%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Malvern 30 Year Fixed Rate 2024-04-11 6.91%
Malvern 30 Year Fixed Rate Refi 2024-04-11 7.48%
Malvern 15 Year Fixed Rate 2024-04-11 6.06%
Malvern 15 Year Fixed Rate Refi 2024-04-11 6.26%
Malvern 30 Year FHA 2024-04-11 6.84%
Malvern 30 Year FHA Refi 2024-04-11 6.84%
Malvern 30 Year USDA 2024-04-11 6.71%
Malvern 30 Year USDA Refi 2024-04-11 6.71%
Malvern 30 Year VA 2024-04-11 6.67%
Malvern 30 Year VA Refi 2024-04-11 6.57%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Malvern, AR.

Malvern Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Malvern, AR market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
U.S. Bank 8 6.94% $3,319
ARKANSAS Federal Credit Union 6 6.81% $4,506
VANDERBILT MORTGAGE AND FINANCE, INC. 6 8.37% $6,623
QUICKEN LOANS, LLC 6 6.98% $4,357
SWBC MORTGAGE CORPORATION 5 7.30% $3,112
FirstTrust Home Loans, Inc. 5 7.17% $4,902
Arvest Bank 5 6.33% $2,726
FIRST COMMUNITY MORTGAGE, INC. 5 6.28% $4,409
First Security Bank 4 5.91% $5,485
EVERETT FINANCIAL, INC. 4 7.00% $4,735
GMFS LLC 3 6.46% $6,266
Farmers Bank & Trust Company 3 6.63% $3,545
Gateway First Bank 3 6.54% $3,191
Eagle Bank and Trust Company 3 6.63% $3,577
UNITED WHOLESALE MORTGAGE, LLC 3 7.64% $4,970
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 7.08% $6,199
CORNERSTONE HOME LENDING, INC. 2 6.88% $4,410
EUSTIS AND AMERICAN MORTGAGE COMPANY 2 6.81% $4,136
Regions Bank 2 6.63% $3,060
Farm Credit Services of Western Arkansas, ACA 2 7.25% $5,739
Wells Fargo Bank 1 6.00% $2,672
BancorpSouth 1 5.38% $4,061
BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 6.50% $2,489
Bank OZK 1 6.88% $2,452
CHURCHILL MORTGAGE CORPORATION 1 5.88% $5,087
Citadel Servicing Corporation 1 8.75% $5,799
Citizens Bank 1 6.63% $4,071
COMMUNITY MORTGAGE CORPORATION 1 5.88% $3,223
CROSSCOUNTRY MORTGAGE, LLC 1 7.25% $6,753
First Financial Bank 1 6.63% $3,034
Flagstar Bank, FSB 1 8.13% $5,872
FLAT BRANCH MORTGAGE, INC. 1 6.63% $2,850
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.88% $3,572
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.50% $7,756
NAVY FEDERAL CREDIT UNION 1 7.13% $2,134
NEWREZ LLC 1 7.50% $7,161
PENNYMAC LOAN SERVICES, LLC 1 6.50% $8,842
21ST MORTGAGE CORPORATION 1 8.95% $5,914

Malvern Average Closing Costs & Other Stats

Malvern, AR's 38 lenders originated 479 loans during 2023. The total origination value was $68,075,000, with an average loan value of $142,119.

Malvern's average closing costs are $4,234.

The top Malvern lender as defined by loan originations is U.S. Bank, with 8 loans originated. Their average total fees are $3,319, which is $1,187 lower than the next largest lender, ARKANSAS Federal Credit Union.

The lowest fee Malvern lenders (with over 10 loans originated) are .

The lowest rate Malvern lenders (with over 10 loans originated) are .

Malvern, AR Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
GMFS LLC $6,565,000 $4,500,000 -31.5% 6.6%
Southern Bancorp Bank $4,190,000 $4,150,000 -1.0% 6.1%
QUICKEN LOANS, LLC $3,850,000 $3,660,000 -4.9% 5.4%
FirstTrust Home Loans, Inc. $3,090,000 $3,035,000 -1.8% 4.5%
SWBC MORTGAGE CORPORATION $2,900,000 $3,035,000 4.7% 4.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,235,000 $2,840,000 -12.2% 4.2%
Mortgage Research Center, LLC $1,445,000 $2,475,000 71.3% 3.6%
ARKANSAS Federal Credit Union $680,000 $2,410,000 254.4% 3.5%
Farmers Bank & Trust Company $2,110,000 $1,930,000 -8.5% 2.8%
Arvest Bank $1,210,000 $1,860,000 53.7% 2.7%
First Security Bank $2,455,000 $1,730,000 -29.5% 2.5%
U.S. Bank $2,240,000 $1,700,000 -24.1% 2.5%
EVERETT FINANCIAL, INC. $2,290,000 $1,630,000 -28.8% 2.4%
Eagle Bank and Trust Company $1,445,000 $1,180,000 -18.3% 1.7%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $885,000 $1,150,000 29.9% 1.7%
UNITED WHOLESALE MORTGAGE, LLC $1,150,000 $1,145,000 -0.4% 1.7%
21ST MORTGAGE CORPORATION $880,000 $1,015,000 15.3% 1.5%
PENNYMAC LOAN SERVICES, LLC $670,000 $1,000,000 49.3% 1.5%
Relyance Bank $545,000 $1,000,000 83.5% 1.5%
Cedar Rapids Bank and Trust Company $955,000 n/a 1.4%
TRIAD FINANCIAL SERVICES, INC. $1,220,000 $930,000 -23.8% 1.4%
FIRST COMMUNITY MORTGAGE, INC. $2,110,000 $925,000 -56.2% 1.4%
Bank OZK $1,830,000 $895,000 -51.1% 1.3%
The Citizens Bank $180,000 $840,000 366.7% 1.2%
Farm Credit Services of Western Arkansas, ACA $1,215,000 $790,000 -35.0% 1.2%
SOUTHWEST STAGE FUNDING, LLC $505,000 $735,000 45.5% 1.1%
CORNERSTONE HOME LENDING, INC. $135,000 $685,000 407.4% 1.0%
MORTGAGE INVESTORS GROUP, INC. $115,000 $655,000 469.6% 1.0%
Regions Bank $750,000 $620,000 -17.3% 0.9%
Gateway First Bank $320,000 $590,000 84.4% 0.9%
EUSTIS AND AMERICAN MORTGAGE COMPANY $585,000 n/a 0.9%
Paramount Residential Mortgage Group, Inc. $395,000 $585,000 48.1% 0.9%
FREEDOM MORTGAGE CORPORATION $730,000 $580,000 -20.5% 0.9%
Malvern National Bank $565,000 n/a 0.8%
Central Bank $560,000 n/a 0.8%
LOANDEPOT.COM, LLC $1,580,000 $560,000 -64.6% 0.8%
BancorpSouth $520,000 n/a 0.8%
NAVY FEDERAL CREDIT UNION $2,390,000 $520,000 -78.2% 0.8%
STOCKTON MORTGAGE CORPORATION $515,000 n/a 0.8%
CARDINAL FINANCIAL $340,000 $500,000 47.1% 0.7%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $115,000 $480,000 317.4% 0.7%
COMMUNITY MORTGAGE CORPORATION $1,315,000 $475,000 -63.9% 0.7%
Bank of England $555,000 $435,000 -21.6% 0.6%
NEW DAY FINANCIAL, LLC $230,000 $420,000 82.6% 0.6%
HOMESIDE FINANCIAL, LLC $405,000 n/a 0.6%
FLAT BRANCH MORTGAGE, INC. $1,085,000 $370,000 -65.9% 0.5%
ENDEAVOR CAPITAL, LLC. $165,000 $360,000 118.2% 0.5%
United Community Bank $85,000 $360,000 323.5% 0.5%
NEWREZ LLC $220,000 $350,000 59.1% 0.5%
Diamond Bank $345,000 $345,000 0.0% 0.5%
BANK OF LITTLE ROCK MORTGAGE CORPORATION $830,000 $340,000 -59.0% 0.5%
UNITED BUILT HOMES, L.L.C. $335,000 n/a 0.5%
GSF Mortgage Corporation $480,000 $325,000 -32.3% 0.5%
AMERISAVE MORTGAGE CORPORATION $960,000 $310,000 -67.7% 0.5%
Flagstar Bank, FSB $310,000 n/a 0.5%
Wells Fargo Bank $855,000 $310,000 -63.7% 0.5%
First Financial Bank $145,000 $285,000 96.6% 0.4%
NFM, INC. $285,000 n/a 0.4%
Simmons Bank $940,000 $275,000 -70.7% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $250,000 $270,000 8.0% 0.4%
CLEARPATH LENDING $245,000 n/a 0.4%
PENTAGON FEDERAL CREDIT UNION $245,000 n/a 0.4%
Figure Lending LLC $225,000 n/a 0.3%
Gateway Bank $215,000 n/a 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $155,000 $205,000 32.3% 0.3%
Citadel Servicing Corporation $195,000 n/a 0.3%
Citizens Bank $2,165,000 $190,000 -91.2% 0.3%
MORTGAGEONE, INC. $185,000 n/a 0.3%
HOMESPIRE MORTGAGE CORPORATION $165,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $165,000 n/a 0.2%
Wyndham Capital Mortgage, Inc. $185,000 $165,000 -10.8% 0.2%
RELIANCE FIRST CAPITAL, LLC $160,000 n/a 0.2%
NORTHROP GRUMMAN Federal Credit Union $155,000 n/a 0.2%
AMERICAN FINANCING CORPORATION $105,000 $145,000 38.1% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $145,000 n/a 0.2%
United Fidelity Funding Corp. $145,000 $145,000 0.0% 0.2%
GUARANTEED RATE, INC. $385,000 $140,000 -63.6% 0.2%
Servion, Inc. $135,000 n/a 0.2%
BROKER SOLUTIONS, INC. $715,000 $125,000 -82.5% 0.2%
CHURCHILL MORTGAGE CORPORATION $125,000 n/a 0.2%
PILGRIM MORTGAGE LLC $125,000 n/a 0.2%
First Community Bank $255,000 $115,000 -54.9% 0.2%
CIS Financial Services, Inc. $105,000 n/a 0.2%
Commerce Home Mortgage, Inc. $105,000 n/a 0.2%
TOP FLITE FINANCIAL, INC. $105,000 $105,000 0.0% 0.2%
PNC Bank $65,000 $95,000 46.2% 0.1%
Coastal Community Bank $90,000 n/a 0.1%
Carrington Mortgage Services, LLC $85,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $820,000 $85,000 -89.6% 0.1%
FINANCE OF AMERICA REVERSE LLC $75,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $95,000 $65,000 -31.6% 0.1%
Bank of America $65,000 n/a 0.1%
LOANPAL, LLC $65,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $115,000 $55,000 -52.2% 0.1%
SUCCESS Federal Credit Union $55,000 n/a 0.1%
FBT Bank & Mortgage $45,000 n/a 0.1%
Lakeview Community Capital, LLC $25,000 n/a 0.0%
Southern Bank $25,000 n/a 0.0%

Malvern's top lender by overall market share is GMFS LLC, with 6.6% market share. In second place, with 6.1%, is Southern Bancorp Bank, having originated $4,150,000 in loans. In third place, with 5.4%, is QUICKEN LOANS, LLC, having originated $3,660,000 in loans. In fourth place, with 4.5%, is FirstTrust Home Loans, Inc., having originated $3,035,000 in loans. In fifth place, with 4.5%, is SWBC MORTGAGE CORPORATION, having originated $3,035,000 in loans.


Malvern Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Malvern (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $127,750 (11.9%) $160,553 (9.9%) 0.00 127
2018-02-01 $128,475 (17.7%) $167,116 (13.6%) 0.00 130
2018-03-01 $129,900 (25.2%) $165,507 (14.1%) 0.00 110
2018-04-01 $135,900 (27.1%) $183,667 (23.5%) 0.00 111
2018-05-01 $131,200 (14.4%) $183,052 (23.8%) 0.00 113
2018-06-01 $129,900 (7.2%) $180,262 (18.3%) 0.00 122
2018-07-01 $136,625 (5.1%) $178,075 (14.8%) 0.00 119
2018-08-01 $149,250 (8.6%) $167,750 (5.0%) 0.00 113
2018-09-01 $149,950 (7.5%) $169,621 (5.5%) 0.00 111
2018-10-01 $144,950 (4.1%) $167,376 (-0.3%) 0.00 118
2018-11-01 $129,225 (-6.3%) $148,947 (-9.9%) 0.00 116
2018-12-01 $129,175 (-0.6%) $146,703 (-7.9%) 0.00 105
2019-01-01 $130,825 (2.4%) $145,009 (-9.7%) 0.00 100
2019-02-01 $140,219 (9.1%) $156,350 (-6.4%) 0.00 91
2019-03-01 $120,264 (-7.4%) $149,500 (-9.7%) 0.00 92
2019-04-01 $113,739 (-16.3%) $145,856 (-20.6%) 0.00 91
2019-05-01 $140,200 (6.9%) $163,050 (-10.9%) 0.00 86
2019-06-01 $155,500 (19.7%) $171,977 (-4.6%) 0.00 88
2019-07-01 $150,750 (10.3%) $175,427 (-1.5%) 0.00 82
2019-08-01 $152,916 (2.5%) $173,821 (3.6%) 0.00 83
2019-09-01 $154,665 (3.1%) $173,576 (2.3%) 0.00 87
2019-10-01 $155,268 (7.1%) $173,413 (3.6%) 0.00 88
2019-11-01 $159,000 (23.0%) $186,126 (25.0%) 0.00 83
2019-12-01 $157,225 (21.7%) $192,481 (31.2%) 0.00 89
2020-01-01 $159,700 (22.1%) $198,634 (37.0%) 0.00 91
2020-02-01 $160,000 (14.1%) $209,419 (33.9%) 0.00 93
2020-03-01 $192,000 (59.7%) $220,828 (47.7%) 0.00 88
2020-04-01 $198,750 (74.7%) $232,593 (59.5%) 0.00 80
2020-05-01 $192,450 (37.3%) $235,962 (44.7%) 0.00 71
2020-06-01 $190,725 (22.7%) $252,992 (47.1%) 0.00 62
2020-07-01 $193,625 (28.4%) $250,896 (43.0%) 0.00 64
2020-08-01 $199,000 (30.1%) $271,253 (56.1%) 0.00 60
2020-09-01 $164,725 (6.5%) $261,606 (50.7%) 0.00 59
2020-10-01 $175,000 (12.7%) $256,881 (48.1%) 0.00 53
2020-11-01 $159,450 (0.3%) $242,706 (30.4%) 0.00 58
2020-12-01 $141,725 (-9.9%) $245,594 (27.6%) 0.00 61
2021-01-01 $157,500 (-1.4%) $248,328 (25.0%) 0.00 55
2021-02-01 $136,750 (-14.5%) $257,076 (22.8%) 0.00 46
2021-03-01 $166,375 (-13.4%) $297,483 (34.7%) 0.00 44
2021-04-01 $159,175 (-19.9%) $274,004 (17.8%) 0.00 42
2021-05-01 $165,000 (-14.3%) $294,311 (24.7%) 0.00 40
2021-06-01 $175,920 (-7.8%) $305,685 (20.8%) 0.00 39
2021-07-01 $182,450 (-5.8%) $289,390 (15.3%) 0.00 46
2021-08-01 $173,650 (-12.7%) $212,336 (-21.7%) 0.00 54
2021-09-01 $176,975 (7.4%) $245,520 (-6.2%) 0.00 47
2021-10-01 $179,900 (2.8%) $261,411 (1.8%) 0.00 52
2021-11-01 $211,238 (32.5%) $295,354 (21.7%) 0.00 46
2021-12-01 $221,250 (56.1%) $312,129 (27.1%) 0.00 44
2022-01-01 $225,000 (42.9%) $309,531 (24.7%) 0.00 37
2022-02-01 $198,000 (44.8%) $294,419 (14.5%) 0.00 44
2022-03-01 $182,000 (9.4%) $262,719 (-11.7%) 0.00 39
2022-04-01 $164,950 (3.6%) $236,685 (-13.6%) 0.00 43
2022-05-01 $177,250 (7.4%) $258,894 (-12.0%) 0.00 53
2022-06-01 $190,250 (8.2%) $284,905 (-6.8%) 0.00 48
2022-07-01 $192,000 (5.2%) $267,162 (-7.7%) 0.00 59
2022-08-01 $192,500 (10.9%) $261,704 (23.3%) 0.00 64
2022-09-01 $189,500 (7.1%) $281,443 (14.6%) 0.00 58
2022-10-01 $189,000 (5.1%) $299,001 (14.4%) 0.00 57
2022-11-01 $173,450 (-17.9%) $255,912 (-13.4%) 0.00 77
2022-12-01 $169,950 (-23.2%) $248,223 (-20.5%) 0.00 69
2023-01-01 $172,450 (-23.4%) $241,589 (-22.0%) 0.00 57
2023-02-01 $176,000 (-11.1%) $237,855 (-19.2%) 0.00 55
2023-03-01 $182,225 (0.1%) $269,802 (2.7%) 0.00 46
2023-04-01 $197,000 (19.4%) $284,930 (20.4%) 0.00 44
2023-05-01 $243,750 (37.5%) $325,403 (25.7%) 0.00 47
2023-06-01 $236,225 (24.2%) $336,955 (18.3%) 0.00 48
2023-07-01 $232,450 (21.1%) $310,958 (16.4%) 0.00 53
2023-08-01 $217,000 (12.7%) $274,322 (4.8%) 0.00 56
2023-09-01 $201,000 (6.1%) $258,621 (-8.1%) 0.00 58
2023-10-01 $212,725 (12.6%) $250,842 (-16.1%) 0.00 57
2023-11-01 $198,000 (14.2%) $236,631 (-7.5%) 0.00 61
2023-12-01 $199,000 (17.1%) $248,743 (0.2%) 0.00 54
2024-01-01 $219,725 (27.4%) $258,559 (7.0%) 0.00 55
2024-02-01 $207,450 (17.9%) $248,633 (4.5%) 0.00 60
2024-03-01 $210,000 (15.2%) $245,308 (-9.1%) 0.00 60
Malvern's median listing price for 2024-03-01 was $210,000, a difference of $27,775 (15.2%) versus the prior year and $2,550 versus the prior month.

Malvern's median listing price comes in at 0% of the national average.

Malvern's average listing price for 2024-03-01 was $245,308, a difference of $-24,494 (-9.1%) versus the prior year and $-3,325 versus the prior month.

For the 2024-03-01 period, Malvern had 60 MLS listings, a difference of 0 listings (0%) versus the prior month and 14 listings (30%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Malvern (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,574 sqft
2018-02-01 0 days 1,566 sqft
2018-03-01 0 days 1,570 sqft
2018-04-01 0 days 1,689 sqft
2018-05-01 0 days 1,683 sqft
2018-06-01 0 days 1,771 sqft
2018-07-01 0 days 1,775 sqft
2018-08-01 0 days 1,760 sqft
2018-09-01 0 days 1,770 sqft
2018-10-01 0 days 1,747 sqft
2018-11-01 0 days 1,752 sqft
2018-12-01 0 days 1,681 sqft
2019-01-01 0 days 1,655 sqft
2019-02-01 0 days 1,680 sqft
2019-03-01 0 days 1,605 sqft
2019-04-01 0 days 1,586 sqft
2019-05-01 0 days 1,678 sqft
2019-06-01 0 days 1,681 sqft
2019-07-01 0 days 1,710 sqft
2019-08-01 0 days 1,664 sqft
2019-09-01 0 days 1,664 sqft
2019-10-01 0 days 1,664 sqft
2019-11-01 0 days 1,727 sqft
2019-12-01 0 days 1,699 sqft
2020-01-01 0 days 1,746 sqft
2020-02-01 0 days 1,756 sqft
2020-03-01 0 days 1,811 sqft
2020-04-01 0 days 1,811 sqft
2020-05-01 0 days 1,844 sqft
2020-06-01 0 days 1,821 sqft
2020-07-01 0 days 1,820 sqft
2020-08-01 0 days 1,916 sqft
2020-09-01 0 days 1,890 sqft
2020-10-01 0 days 2,023 sqft
2020-11-01 0 days 1,914 sqft
2020-12-01 0 days 1,792 sqft
2021-01-01 0 days 1,912 sqft
2021-02-01 0 days 1,760 sqft
2021-03-01 0 days 1,780 sqft
2021-04-01 0 days 1,630 sqft
2021-05-01 0 days 1,657 sqft
2021-06-01 0 days 1,642 sqft
2021-07-01 0 days 1,644 sqft
2021-08-01 0 days 1,549 sqft
2021-09-01 0 days 1,600 sqft
2021-10-01 0 days 1,456 sqft
2021-11-01 0 days 1,758 sqft
2021-12-01 0 days 1,792 sqft
2022-01-01 0 days 2,014 sqft
2022-02-01 0 days 1,901 sqft
2022-03-01 0 days 1,798 sqft
2022-04-01 0 days 1,545 sqft
2022-05-01 0 days 1,493 sqft
2022-06-01 0 days 1,575 sqft
2022-07-01 0 days 1,697 sqft
2022-08-01 0 days 1,742 sqft
2022-09-01 0 days 1,780 sqft
2022-10-01 0 days 1,771 sqft
2022-11-01 0 days 1,771 sqft
2022-12-01 0 days 1,778 sqft
2023-01-01 0 days 1,825 sqft
2023-02-01 0 days 1,873 sqft
2023-03-01 0 days 1,912 sqft
2023-04-01 0 days 1,949 sqft
2023-05-01 0 days 1,970 sqft
2023-06-01 0 days 2,059 sqft
2023-07-01 0 days 1,985 sqft
2023-08-01 0 days 1,708 sqft
2023-09-01 0 days 1,691 sqft
2023-10-01 0 days 1,696 sqft
2023-11-01 0 days 1,694 sqft
2023-12-01 0 days 1,700 sqft
2024-01-01 0 days 1,704 sqft
2024-02-01 0 days 1,712 sqft
2024-03-01 0 days 1,729 sqft
Malvern's median listing age (time on market) for 2024-03-01 was 0 days.

Malvern's median square footage for active listings during the 2024-03-01 period was 1,729 sqft. One year prior, the average listing was 1,912 sqft.

Malvern, AR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 319 $50,505,000 $158,323
Cash Out Refi 51 $8,465,000 $165,980
Refi 46 $5,740,000 $124,783
Other 37 $1,925,000 $52,027
Home Improvement 26 $1,440,000 $55,385

Malvern's most frequently cited loan purpose was Home Purchase, with 319 originations. The 2nd most popular reason was Cash Out Refi, with 51 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 151 $24,265,000 $160,695
Over 8% 142 $13,590,000 $95,704
7-8% 115 $15,965,000 $138,826
5-6% 49 $9,745,000 $198,878
<2.5% 4 $160,000 $40,000
4-5% 3 $645,000 $215,000

During 2023, Malvern's most frequently originated rate bucket was 6-7%, with 151 originations.

Loan Sizing (Malvern, AR MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 185 $26,345,000 $142,405
$100,000 or less 179 $9,455,000 $52,821
$200k-400k 107 $28,085,000 $262,477
$400k-600k 7 $3,235,000 $462,143
$600k-1000k 1 $955,000 $955,000

Malvern's loan sizing saw the bucket of loans from $100k-200k with 185 originations, totaling $26,345,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 235 $39,765,000 $169,213
60-80% 82 $11,550,000 $140,854
40-60% 48 $6,220,000 $129,583
Under 20% 43 $1,285,000 $29,884
20-40% 38 $2,610,000 $68,684
Over 100% 17 $2,805,000 $165,000

Malvern's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 235 originations, totaling $39,765,000 in origination value.