Malone, NY—12953
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Malone, NY
As of Oct '25, the median home price in Malone, NY is $140,000, with a year-over-year change of 0.0%. This indicates that home prices in Malone, NY are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $140,000 | 0.0% |
| Single Family | $140,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $116,000 | -1.7% |
3 Bed | $146,000 | 0.7% |
4 Bed | $160,000 | 1.9% |
| 5 Bed | $216,000 | 3.8% |
% of Housing Stock
Rental Trends — Malone, NY
Malone, NY 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 — Malone, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Malone, NY is 109. This is a increase of 47.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $157,000 | -9.0% |
Listing Count | 81 | 19.0% |
| Listings as % of Homes | 1.1% | 19.0% |
Days on Market | 109 | 47.0% |
Demographics — Malone, NY
As of the latest ACS Survey released in 2023, Malone, NY has a population of 12,800, which has decreased by -17.5% over the past 5 years. Malone, NY is a moderately popular place for families, as children make up 16.3% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,800 | -17.5% |
% Under 18 | 16.3% | -4.7% |
% Seniors | 16.9% | 28.0% |
% WFH | 6.7% | 15.5% |
% w/ College Degree | 22.9% | 40.5% |
As of the latest ACS Survey released in 2023, Malone, NY is a predominantly white area, with 82.6% of the population identifying as white. The white population has grown by 7.3% in the last 5 years. The second most common race or ethnicity in Malone, NY is black, making up 9.8% of the population. Foreign-born residents account for 3.2% of the population in Malone, NY, and this percentage has decreased by 36.0% 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 | 82.6% | 7.3% |
% Black | 9.8% | -35.5% |
% Hispanic | 5.7% | -16.2% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 3.2% | -36.0% |
Mortgage and Risk — Malone, NY
According to HUD data as of 2023, there were 87 mortgage originations in Malone, NY, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Malone, NY. 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 | 87 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Malone, NY
Malone, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 526 |
Total Units Section 8 | 331 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Malone, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $140,000 |
| Median Household Income | $64,700 |