Malaga, NJ—08328
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Malaga, NJ
As of Oct '25, the median home price in Malaga, NJ is $307,000, with a year-over-year change of 0.4%. This indicates that home prices in Malaga, NJ are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | 0.4% |
| Single Family | $307,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $331,000 | 2.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Malaga, NJ
Malaga, NJ lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Malaga, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Malaga, NJ is 34. This is a increase of 76.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | 35.0% |
Listing Count | 4 | -17.0% |
| Listings as % of Homes | 0.7% | -17.0% |
Days on Market | 34 | 76.0% |
Demographics — Malaga, NJ
As of the latest ACS Survey released in 2023, Malaga, NJ has a population of 1,550, which has increased by 25.4% over the past 5 years. Malaga, NJ is a moderately popular place for families, as children make up 17.6% of the population. The area has a poorly educated workforce, with 10.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,550 | 25.4% |
% Under 18 | 17.6% | -2.8% |
% Seniors | 9.1% | -38.9% |
% WFH | 0.0% | N/A |
% w/ College Degree | 10.7% | -31.4% |
As of the latest ACS Survey released in 2023, Malaga, NJ is a predominantly white area, with 93.7% of the population identifying as white. The white population has grown by 10.6% in the last 5 years. The second most common race or ethnicity in Malaga, NJ is black, making up 6.3% of the population. Foreign-born residents account for 0.0% of the population in Malaga, NJ, and this percentage has decreased by 100.0% 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 | 93.7% | 10.6% |
% Black | 6.3% | 57.5% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Malaga, NJ
Malaga, NJ lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Malaga, NJ
Malaga, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,660 |
| 2 Bedroom | N/A | N/A | $1,990 |
| 3 Bedroom | N/A | N/A | $2,410 |
| 4 Bedroom | N/A | N/A | $2,720 |
Affordability — Malaga, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $307,000 |
| Median Household Income | $109,000 |