Skip to main content

Area data

Malvern, IA — ZIP 51551

Population: 1,842 (Census ACS)

The median home value in ZIP 51551 (Malvern, IA) is $253,501 — up 2.4% over the past year. Homes sell for a median $188,000 after a median 81 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with drought the top-rated hazards. Cost of living is 10.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$253,501

Median home value

+2.4%

1-year change

81

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$253,501
1-year appreciation
+2.4%
3-year appreciation
+9.8%
5-year appreciation
+21.3%
10-year appreciation
+91.3%
All-time peak (2026-02)
$254,837
House Price Index (state)
379.0 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$188,000
Median list price
$224,250
Median price per sqft
$149
1-year sale-price change
-46.9%
Median days on market
81 days
Homes sold (recent period)
6
For-sale inventory
10
Sale-to-list ratio
99.6%
Active listings
8
1-year forecast
+1.1%
New listings (monthly)
3

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$870/mo
1BR fair-market rent
$920/mo
2BR fair-market rent
$1,090/mo
3BR fair-market rent
$1,440/mo
4BR fair-market rent
$1,630/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
89.5 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
1
Schools include
East Mills Jr/Sr High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
drought
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low · landslide: Relatively Low
FEMA flood zone
A05
Flood risk level
High
Wildfire risk to homes (county)
Higher than 40% of US counties
Buildings in wildfire direct-exposure zone
45.9%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
PCE - Carriage Cleaners (18.9 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
37.5 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
7.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
8,966
Jobs reachable by transit (45 min)
9,155

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Lewis & Clark National Historic Trail (26 mi)
Airports within 30 mi
18
Nearest airport
Aero-Lane Airport (9 mi)
Nearest major airport
Offutt Air Force Base (OFF) (19 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
CHI HEALTH MERCY COUNCIL BLUFFS, METHODIST JENNIE EDMUNDSON
Avg hospital rating (CMS)
3.5 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+13 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,955
Housing built before 1970
63.6%
Housing built 2000 or later
18.1%
Median annual property tax
$2,474
Mean commute to work
26 min
Households with broadband internet
74.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,277
Average weekly wage
$1,043
Top industries (by employment)
Administrative Services, Wholesale Trade, Construction
Annual residential building permits (county)
33

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 51551State medianUS median
Median home value$253,501$211,348$289,727
Median sale price$188,000$220,000$325,000
Median days on market81 days48 days51 days
Median annual property tax$2,474$1,927$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 51551?
$253,501.
What is the median sale price in ZIP 51551?
$188,000.
How long do homes take to sell in ZIP 51551?
Median days on market: 81 days.
What is typical rent in ZIP 51551?
2-bedroom fair-market rent: $1,090/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 51551?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: drought.
Is ZIP 51551 in a flood zone?
High (FEMA NFIP). FEMA flood zone A05.
What is the wildfire risk in ZIP 51551?
Risk to homes is higher than 40% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 51551?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 51551?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 51551?
1 schools (1 high) (NCES, 2022-23).
Is ZIP 51551 walkable?
Walkability index: 7.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 51551?
Regional Price Parity: 89.5 (100 = US average) (Low) (BEA RPP, metro/state-level).

Nearby ZIP codes

Selling a home in Malvern, IA?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents