Malta, IL 60150 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Malta, IL—60150

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$278,000

8.3% YoY Growth

Household Income

$92,100

35.0% YoY Growth

Days on Market

8.0% Shorter YoY

Home Price Forecast

0.6%

Median Rent

$2,200

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,200

N/A

Home Price Trends — Malta, IL

As of May '26, the median home price in Malta, IL is $278,000, with a year-over-year change of 8.3%. This indicates that home prices in Malta, IL are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$278,000	8.3%
Single Family	$277,000	7.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Malta, IL

Malta, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$2,200	$2,200
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,200	$2,200
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.9%

1 Bedroom

13.7%

2 Bedrooms

41.0%

3 Bedrooms

33.2%

4 Bedrooms

5.4%

5+ Bedrooms

2.0%

Property Listings — Malta, IL

As of May '26, Realtor.com reports that the median days on market for a home in Malta, IL is 77. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$305,000	-15.0%
Listing Count	4	-67.0%
Listings as % of Homes	1.3%	-67.0%
Days on Market	77	-8.0%

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Demographics — Malta, IL

As of the latest ACS Survey released in 2023, Malta, IL has a population of 2,000, which has increased by 18.2% over the past 5 years. Malta, IL is a popular place for families, as children make up 27.0% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,000	18.2%
% Under 18	27.0%	26.8%
% Seniors	12.2%	-12.2%
% WFH	11.0%	10.0%
% w/ College Degree	27.7%	2.2%

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As of the latest ACS Survey released in 2023, Malta, IL is a predominantly white area, with 76.2% of the population identifying as white. The white population has shrunk by 12.6% in the last 5 years. The second most common race or ethnicity in Malta, IL is hispanic, making up 16.6% of the population. Foreign-born residents account for 6.6% of the population in Malta, IL, and this percentage has increased by 371.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	76.2%	-12.6%
% Black	2.6%	333.3%
% Hispanic	16.6%	56.6%
% Asian	0.5%	66.7%
% Foreign Born	6.6%	371.4%

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Mortgage and Risk — Malta, IL

According to HUD data as of 2023, there were 48 mortgage originations in Malta, IL, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Malta, IL. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	48
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	0.0%
% Second Loans	2.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Malta, IL

Malta, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% 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	$1,070
2 Bedroom	N/A	N/A	$1,410
3 Bedroom	-$280	$2,200	$1,920
4 Bedroom	N/A	N/A	$2,370

Malta, IL—60150

Key Metrics at a Glance

Home Price Trends — Malta, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Malta, IL

% of Rental Stock

Property Listings — Malta, IL

Demographics — Malta, IL

Race and Ethnicity

Mortgage and Risk — Malta, IL

Mortgages

Rentals and Section 8 — Malta, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Malta, IL

Home Price to Income Ratio

Malta, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Creston

Clare, IL

Esmond, IL

Dekalb, IL

Lee, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$278,000
Median Household Income	$92,100

Malta, IL—60150

Key Metrics at a Glance

Home Price Trends — Malta, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Malta, IL

% of Rental Stock

Property Listings — Malta, IL

Demographics — Malta, IL

Race and Ethnicity

Mortgage and Risk — Malta, IL

Mortgages

Rentals and Section 8 — Malta, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Malta, IL

Home Price to Income Ratio

Malta, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Creston

Clare, IL

Esmond, IL

Dekalb, IL

Lee, IL

Frequently Asked Questions

What is the average home price in Malta, IL 60150?

How have home prices in Malta, IL 60150 changed over the past year?

What is the home price projection for Malta, IL 60150?

What are the demographics of Malta, IL 60150?

How long does it take homes to sell in Malta, IL 60150?

What is the average rent price in Malta, IL 60150?