Commercial Real Estate Market in Malvern, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
22 active listings and 764 off-market properties in Malvern, AR.
Market Trends
Malvern, AR spans 326.5 square miles in Hot Spring County, Arkansas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Malvern, AR has a median asking sale price of $98/SF (based on 4 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Malvern, AR has a median asking sale price of $68/SF (based on 4 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Malvern, AR runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Malvern, AR runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 57.5%
- Commercial 21.8%
- Industrial 13.4%
Largest Zones share of zoned land by district
Malvern, AR zones 6,272 acres across 11 districts. Commercial zoning covers 21.8% of zoned land, residential 57.5% and industrial 13.4%. The largest single district is One Two And Multiple Family Residential at 43.7%. For commercial buyers the practical constraint is that only 35.1% of land carries a commercial or industrial designation.
This is a residential district to provide for medium and high population density. The principal use of land may range from single family to multiple family and garden apartment uses.
Market overview
Demographics & Economy
Malvern, AR has 23,456 residents in 9,771 households. Density runs 72 people per square mile. Median household income here is $51,492 and median gross rent $768 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Malvern?
What zoning applies to commercial property in Malvern?
Where does Realmo's Malvern market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 2 active for-lease listings in Malvern, AR. The sale median is based on 16 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,272 zoned acres across 11 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
