Malden, MA—02148
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Malden, MA
As of Oct '25, the median home price in Malden, MA is $661,000, with a year-over-year change of -0.7%. This indicates that home prices in Malden, MA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $661,000 | -0.7% |
| Single Family | $708,000 | -0.4% |
| Condos | $454,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $378,000 | 1.1% |
2 Bed | $515,000 | 0.0% |
3 Bed | $693,000 | -0.4% |
4 Bed | $769,000 | -0.9% |
| 5 Bed | $859,000 | -0.5% |
% of Housing Stock
Rental Trends — Malden, MA
As of July '25, Rentcast reports the average rent in Malden, MA is $2,710, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in Malden, MA is studios: $2,010, 1-bedrooms: $2,310, 2-bedrooms: $2,920, 3-bedrooms: $3,240, 4-bedrooms: $3,790. The most common rental property sizes in Malden, MA are 1-bedroom and 2-bedroom, accounting for 37.4% and 35.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,710 |
| Studio Rent | $1,800 | $2,010 |
| 1 Bed Rent | $2,150 | $2,310 |
| 2 Bed Rent | $2,800 | $2,920 |
| 3 Bed Rent | $3,200 | $3,240 |
| 4 Bed Rent | $3,900 | $3,790 |
% of Rental Stock
Property Listings — Malden, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Malden, MA is 32. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $611,000 | 5.0% |
Listing Count | 59 | 65.0% |
| Listings as % of Homes | 0.1% | 65.0% |
Days on Market | 32 | 29.0% |
Demographics — Malden, MA
As of the latest ACS Survey released in 2023, Malden, MA has a population of 65,500, which has increased by 6.8% over the past 5 years. Malden, MA is a moderately popular place for families, as children make up 18.0% of the population. The area has a moderately educated workforce, with 44.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 65,500 | 6.8% |
% Under 18 | 18.0% | -6.2% |
% Seniors | 13.2% | 8.2% |
% WFH | 17.6% | 486.7% |
% w/ College Degree | 44.9% | 23.4% |
As of the latest ACS Survey released in 2023, Malden, MA is a predominantly white area, with 42.4% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Malden, MA is asian, making up 28.6% of the population. Foreign-born residents account for 40.8% of the population in Malden, MA, and this percentage has decreased by 6.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.4% | -9.6% |
% Black | 13.8% | -19.3% |
% Hispanic | 8.1% | -12.9% |
% Asian | 28.6% | 22.7% |
% Foreign Born | 40.8% | -6.6% |
Mortgage and Risk — Malden, MA
According to HUD data as of 2023, there were 491 mortgage originations in Malden, MA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Malden, MA. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 491 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Malden, MA
As of 2024, the percent of homes in Malden, MA under the Section 8 program is 10.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Malden, MA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,803 |
Total Units Section 8 | 1,543 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 94.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $2,150 | $2,420 |
| 2 Bedroom | $70 | $2,800 | $2,870 |
| 3 Bedroom | $260 | $3,200 | $3,460 |
| 4 Bedroom | -$90 | $3,900 | $3,810 |
Affordability — Malden, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $661,000 |
| Median Household Income | $95,300 |