Malden, MA Housing Market
The Malden housing market is most competitive. Homes in Malden receive 7 offers on average and sell in around 17 days. The median sale price of a home in Malden was $700K last month, up 12.9% since last year. The median sale price per square foot in Malden is $433, up 11.6% since last year.
Malden Housing Market Trends
In March 2024, Malden home prices were up 12.9% compared to last year, selling for a median price of $700K. On average, homes in Malden sell after 17 days on the market compared to 22 days last year. There were 19 homes sold in March this year, down from 27 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 4% above list price and go pending in around 17 days.
- Hot homescan sell for about 9% above list price and go pending in around 8 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
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 24 days.
- Hot homescan sell for about 2% above list price and go pending in around 14 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 about 3% above list price and go pending in around 15 days.
- Hot homescan sell for about 7% 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 San Francisco.
- 82% of Malden homebuyers searched to stay within the Malden metropolitan area.
- Portland was the most popular destination among Malden homebuyers followed by Miami and Lebanon.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,037 | ||
2 | 1,440 | ||
3 | 381 | ||
4 | 298 | ||
5 | 198 | ||
6 | 140 | ||
7 | 128 | ||
8 | 17 | ||
9 | 12 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 1,620 | ||
3 | 1,584 | ||
4 | 983 | ||
5 | 954 | ||
6 | 888 | ||
7 | 785 | ||
8 | 663 | ||
9 | 360 | ||
10 | 346 |
Home offer insights for Malden
Recent offers
- Offer Not Accepted|9 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
- $913,000 Last Sold Price4 beds2 baths2,617 sq ft59-61 Mount Vernon St, Malden, MA 02148List Price$775,000Sale to List18% over listDays on Market54 days59-61 Mount Vernon St, Malden, MA 02148
- $630,000 Last Sold Price5 beds1 bath2,480 sq ft16 Brentwood St, Malden, MA 02148List Price$575,000Sale to List10% over listDays on Market44 days16 Brentwood St, Malden, MA 02148
- $500,000 Last Sold Price2 beds2 baths1,397 sq ft20-30 Daniels St #418, Malden, MA 02148List Price$450,000Sale to List11% over listDays on Market38 days20-30 Daniels St #418, Malden, MA 02148
- $1,055,000 Last Sold Price5 beds3 baths3,070 sq ft433-435 Lebanon St, Malden, MA 02148List Price$999,988Sale to List6% over listDays on Market51 days433-435 Lebanon St, Malden, MA 02148
- $690,501 Last Sold Price3 beds2 baths1,441 sq ft80 Neal St, Malden, MA 02148List Price$629,000Sale to List10% over listDays on Market71 days80 Neal St, Malden, MA 02148
- $810,000 Last Sold Price4 beds1.5 baths1,539 sq ft946 Main St, Malden, MA 02148List Price$735,000Sale to List10% over listDays on Market36 days946 Main St, Malden, MA 02148
- $615,000 Last Sold Price3 beds2 baths1,371 sq ft226 Clifton St #2, Malden, MA 02148List Price$579,900Sale to List6% over listDays on Market37 days226 Clifton St #2, Malden, MA 02148
- $741,000 Last Sold Price3 beds1.5 baths1,290 sq ft30 Gordon St, Malden, MA 02148List Price$649,900Sale to List14% over listDays on Market35 days30 Gordon 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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