Malverne Real Estate

With a population of just 8,500 residents, Malverne is one of the best places to live on Long Island due to its close proximity to New York City, its community atmosphere, and local amenities like boutique shops and restaurants.

But living in Malverne can be costly for many prospective home buyers in the United States. Average home prices continue to rise amid high inflation and increasing interest rates across the country.

Are you looking to move to Malverne this year? This community guide will touch on the top things to do in Malverne and provide you with an update on the housing market so you can decide if living in this small Long Island village is right for you.

Things to Do in Malverne, NY

There’s lots to do both in and around Malverne, and being a part of the Malverne community provides residents with a family-friendly atmosphere and plenty of outdoor activities to stay active all season long. Here are the top things to do in Malverne this year:

Malverne Cinema

Built in 1947, the Malverne Cinema holds a special place in the heart of the Malverne community. The cinema’s classic charm mixed with its smaller size provides movie-goers with a unique experience and diverse film selection with independent and foreign films. The cinema also holds special events throughout the year with film festivals and screenings with guest speakers.

Norman J. Levy Park

Located in the nearby town of Merrick, Norman J. Levy Park features walking trails with family picnic areas, fishing spots, and a dog park for Long Island residents to enjoy. You’ll also have access to viewing diverse wildlife by birdwatching and hiking through marshland in the park.

Local Eateries

Malverne is known for its focus on local businesses, and their culinary scene is a top attraction. Whether you’re craving Italian, Mexican, Asian, or classic American fare, there’s something in Malverne for everyone. Those looking for locally-sourced ingredients may choose to check out their farm-to-table options to support local farmers and producers.

Beaches

While Malverne itself is inland off the South Shore, it’s conveniently located near several beautiful Long Island beaches. Long Beach and Jones Beach are popular destinations for their pristine sandy shores and scenic ocean views. Water-based activities like swimming, surfing, and kayaking are popular in the summer months on Long Island beaches.

Malverne Housing Market

Living in Malverne is much more affordable than other nearby areas like Hewlett Harbor and Cedarhurst, but the cost of buying a home is still higher than other areas in the country. Average home prices topped $800,000 in January 2024, up about 11 percent since last year.

Additionally, only six homes were sold in Malverne in January, highlighting the housing inventory issues plaguing the market and driving up home prices. Sellers will find their homes sitting on the market for 54 days on average, while Rocket Homes considers Malverne to be a buyer’s market as of March 2024.

Find out why Kaya Homes is the leader in Long Island real estate and are your go-to realtor in the Lynbrook, Oceanside, Malverne, Hewlett, Valley Stream, East Rockaway, Woodmere, Cedarhurst, Hewlett Harbor, and Freeport area.

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