Malta, ID—83342
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Malta, ID
As of Oct '25, the median home price in Malta, ID is $387,000, with a year-over-year change of 2.2%. This indicates that home prices in Malta, ID are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $387,000 | 2.2% |
| Single Family | $388,000 | 4.0% |
| 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 | $341,000 | 4.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Malta, ID
Malta, ID 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 — Malta, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Malta, ID is 145. This is a increase of 30.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -30.0% |
Listing Count | 1 | -69.0% |
| Listings as % of Homes | N/A | -69.0% |
Days on Market | 145 | 30.0% |
Demographics — Malta, ID
As of the latest ACS Survey released in 2023, Malta, ID has a population of 1,580, which has increased by 34.5% over the past 5 years. Malta, ID is a popular place for families, as children make up 32.3% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,580 | 34.5% |
% Under 18 | 32.3% | 14.9% |
% Seniors | 19.4% | -11.4% |
% WFH | 25.7% | 542.5% |
% w/ College Degree | 17.2% | -6.0% |
As of the latest ACS Survey released in 2023, Malta, ID is a predominantly white area, with 97.0% of the population identifying as white. The white population has grown by 10.7% in the last 5 years. The second most common race or ethnicity in Malta, ID is hispanic, making up 2.8% of the population. Foreign-born residents account for 0.9% of the population in Malta, ID, and this percentage has decreased by 86.6% 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 | 97.0% | 10.7% |
% Black | 0.0% | N/A |
% Hispanic | 2.8% | -67.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | -86.6% |
Mortgage and Risk — Malta, ID
According to HUD data as of 2023, there were 40 mortgage originations in Malta, ID, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Malta, ID. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Malta, ID
Malta, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Malta, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $387,000 |
| Median Household Income | $56,200 |