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  4. /Malta, ID - 83342

Malta, ID—83342

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$402,000
6.0% YoY Growth
Household Income
$56,200
10.6% YoY Growth
Days on Market
67
34.0% Shorter YoY
Home Price Forecast
2.8%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Malta, ID

As of May '26, the median home price in Malta, ID is $402,000, with a year-over-year change of 6.0%. This indicates that home prices in Malta, ID are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$402,0006.0%
Single Family $402,0006.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$367,0007.3%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    5.9%
    2 Bedrooms
    23.2%
    3 Bedrooms
    30.6%
    4 Bedrooms
    29.1%
    5+ Bedrooms
    11.2%

    Rental Trends — Malta, ID

    Malta, ID lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    3.1%
    2 Bedrooms
    9.4%
    3 Bedrooms
    65.6%
    5+ Bedrooms
    21.9%

    Property Listings — Malta, ID

    As of May '26, Realtor.com reports that the median days on market for a home in Malta, ID is 67. This is a decrease of -34.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$850,00099.0%
    Listing Count
    		1-57.0%
    Listings as % of HomesN/A-57.0%
    Days on Market
    		67-34.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % Change
    Population
    		1,58034.5%
    % Under 18
    		32.3%14.9%
    % Seniors
    		19.4%-11.4%
    % WFH
    		25.7%542.5%
    % w/ College Degree
    		17.2%-6.0%
    Loading chart...

    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

    MetricLatest Census5-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%
    Loading chart...

    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

    MetricZip 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%
    Loading chart...
    Loading chart...

    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$740
    2 BedroomN/AN/A$940
    3 BedroomN/AN/A$1,320
    4 BedroomN/AN/A$1,560

    Affordability — Malta, ID

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.8
    Median Home Price$402,000
    Median Household Income$56,200

    Malta, ID — ZIP Code Boundary Map

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    Frequently Asked Questions