Malden, MA Housing Market
The Malden housing market is most competitive. Homes in Malden receive 8 offers on average and sell in around 15 days. The median sale price of a home in Malden was $700K last month, up 12.4% since last year. The median sale price per square foot in Malden is $464, up 21.9% since last year.
Malden Housing Market Trends
In April 2024, Malden home prices were up 12.4% compared to last year, selling for a median price of $700K. On average, homes in Malden sell after 15 days on the market compared to 16 days last year. There were 34 homes sold in April this year, up from 18 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Malden housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 5% above list price and go pending in around 15 days.
- Hot homescan sell for about 10% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 21 days.
- Hot homescan sell for about 3% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 14 days.
- Hot homescan sell for about 11% above list price and go pending in around 6 days.
Malden Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Malden from outside metros.
- New York homebuyers searched to move into Malden more than any other metro followed by Hartford and Washington.
- 83% of Malden homebuyers searched to stay within the Malden metropolitan area.
- Portland was the most popular destination among Malden homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,455 | ||
2 | 1,575 | ||
3 | 383 | ||
4 | 371 | ||
5 | 279 | ||
6 | 276 | ||
7 | 123 | ||
8 | 34 | ||
9 | 26 | ||
10 | 22 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,341 | ||
2 | 1,554 | ||
3 | 1,475 | ||
4 | 924 | ||
5 | 894 | ||
6 | 865 | ||
7 | 805 | ||
8 | 655 | ||
9 | 395 | ||
10 | 373 |
Home offer insights for Malden
Recent offers
- Offer Not Accepted|12 Weeks Ago~$550K OfferSold for $600K3 bd | 1 ba | ~1,500 sqftOver List Price23%Days on Market18Competing Offers>25Down Payment~20%Kristin MooreMalden Redfin Agent
This home was very popular despite needing a complete renovation inside. We waived inspection and appraisal, offered a very quick close, and had strong financials, but it went under contract at a much higher price and with a buyer who was only financing a very small portion of purchase price. …
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View houses in Malden that sold recently
Recently sold homes
- $590,000 Last Sold Price3 beds2 baths1,565 sq ft10 Copeland Ter #10, Malden, MA 02148List Price$568,000Sale to List4% over listDays on Market37 days10 Copeland Ter #10, Malden, MA 02148
- $480,888 Last Sold Price2 beds2 baths1,092 sq ft79 Waite St Ext #62, Malden, MA 02148List Price$425,000Sale to List13% over listDays on Market36 days79 Waite St Ext #62, Malden, MA 02148
- $267,995 Last Sold Price2 beds1 bath850 sq ft180 Summer St #102, Malden, MA 02148List Price$267,995Sale to List0% over listDays on Market50 days180 Summer St #102, Malden, MA 02148
- $1,135,000 Last Sold Price7 beds4.5 baths3,579 sq ft44 Grace St, Malden, MA 02148List Price$1,199,999Sale to List5% under listDays on Market79 days44 Grace St, Malden, MA 02148
- $745,000 Last Sold Price4 beds2 baths1,640 sq ft72 Pierce St, Malden, MA 02148List Price$730,000Sale to List2% over listDays on Market52 days72 Pierce St, Malden, MA 02148
- $840,000 Last Sold Price9 beds3 baths3,227 sq ft79-81 Wolcott St, Malden, MA 02148Redfin Corp.List Price$888,888Sale to List5% under listDays on Market27 days79-81 Wolcott St, Malden, MA 02148
- $321,500 Last Sold Price2 beds1.5 baths887 sq ft42 Loomis St #324, Malden, MA 02148List Price$335,000Sale to List4% under listDays on Market91 days42 Loomis St #324, Malden, MA 02148
- $1,000,000 Last Sold Price4 beds2 baths2,082 sq ft10-12 West St, Malden, MA 02148List Price$849,900Sale to List18% over listDays on Market52 days10-12 West St, Malden, MA 02148
See all recently sold homes in Malden.
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Schools in Malden
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Linden School Public • K-8 | 825 Students | 8 reviews |
5/10 Salemwood School Public • K-8 | 972 Students | 7 reviews |
5/10 Ferryway School Public • K-8 | 904 Students | 10 reviews |
5/10 Forestdale School Public • K-8 | 561 Students | 7 reviews |
5/10 Beebe School Public • K-8 | 902 Students | 4 reviews |
Climate's impact on Malden housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Malden.
Flood Factor - Moderate
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Fire Factor - Moderate
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Wind Factor - Major
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Wind likelihood over time
Heat Factor - Major
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Transportation in Malden
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