Home Insurance in Malvern, Arkansas
With a median home value of $104,500, Malvern is 31% lower than the Hot Spring County median.
The typical home in Malvern was built around 1969. About 30% of homes were built before 1960, about 10 points above Hot Spring County's 19%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Malvern is 71% single-family homes, 8% apartments in buildings with 5+ units and 8% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Malvern, about 40% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Malvern has an owner-occupancy rate of 50% and a vacancy rate of 15%; unoccupied homes typically need a different coverage form.
In Malvern, 61% of homes are primarily heated with natural gas.
Hot Spring County's top FEMA-rated hazard is strong wind (Relatively Moderate), per FEMA's National Risk Index. Hot Spring County had 48 active NFIP flood policies as of September 2026. See the full Hot Spring County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Arkansas is $1,870 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $104,500 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 50% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Hot Spring County | 48 |
| Home insurance premium | $1,870 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)