Malta, IL Housing Market

Homes for sale

The Malta housing market is somewhat competitive. The median sale price of a home in Malta was $122K last month, down 5.1% since last year. The median sale price per square foot in Malta is $59, down 65.4% since last year.

Trends
Demand
Migration
Schools
Climate

Malta Housing Market Trends

What is the housing market like in Malta today?

In January 2025, Malta home prices were down 5.1% compared to last year, selling for a median price of $122K.

$122K

Sale Price

-5.1%
since last year

$59

Sale $/Sq. Ft.

-65.4%
since last year

Under List Price

2.3%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Malta and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Malta add value to a home.

How hot is the Malta housing market?

Malta is somewhat competitive. Homes sell in 53 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 53 days.
Hot homes
can sell for around list price and go pending in around 33 days.

Compare With Nearby Cities

Rockford

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 21 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.

DeKalb

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 53 days.
Hot homes
can sell for about 2% above list price and go pending in around 35 days.

See more nearby cities and neighborhoods

Malta Migration & Relocation Trends

In Dec '24 - Feb '25, 16% of Malta homebuyers searched to move out of Malta, while 84% looked to stay within the metropolitan area.

Where are people moving to Malta from?

Across the nation, 3% of homebuyers searched to move into Malta from outside metros.
Peoria homebuyers searched to move into Malta more than any other metro followed by New York and Springfield.

Where are people from Malta moving to?

84% of Malta homebuyers searched to stay within the Malta metropolitan area.
Cape Coral was the most popular destination among Malta homebuyers followed by Phoenix and Sarasota.

Number of People Moving to Malta

least

most

People are moving to Malta from

Inbound		Net inflow
Metros		Dec '24 - Feb '25
1	Peoria, IL	1,018
2	New York, NY	825
3	Springfield, IL	682
4	St. Louis, MO	638
5	San Francisco, CA	604
6	Rockford, IL	340
7	Washington, DC	301
8	Seattle, WA	292
9	Decatur, IL	282
10	Indianapolis, IN	273

People are leaving Malta for

Outbound		Net outflow
Metros		Dec '24 - Feb '25
1	Cape Coral, FL	2,000
2	Phoenix, AZ	1,179
3	Sarasota, FL	1,104
4	Miami, FL	999
5	Tucson, AZ	910
6	Tampa, FL	882
7	Milwaukee, WI	882
8	Orlando, FL	865
9	Grand Rapids, MI	838
10	Nashville, TN	715

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Malta that sold recently

Recently sold homes

SOLD MAR 13, 2025
$143,500 Last Sold Price
3 beds
1 bath
1,900 sq ft
207 N 3rd St, Malta, IL 60150
List Price
$139,900
Sale to List
3% over list
Days on Market
32 days
207 N 3rd St, Malta, IL 60150
SOLD FEB 28, 2025
$352,000 Last Sold Price
4 beds
2 baths
2,073 sq ft
3510 Il Route 38 Hwy, Malta, IL 60150
List Price
$349,950
Sale to List
1% over list
Days on Market
486 days
3510 Il Route 38 Hwy, Malta, IL 60150
SOLD FEB 7, 2025
$150,000 Last Sold Price
4 beds
1 bath
1,500 sq ft
1855 Keslinger Rd, Malta, IL 60150
List Price
$159,900
Sale to List
6% under list
Days on Market
65 days
1855 Keslinger Rd, Malta, IL 60150
SOLD FEB 6, 2025
VIDEO TOUR
$435,000 Last Sold Price
4 beds
2 baths
3,029 sq ft
23659 Malta Rd, Malta, IL 60150
List Price
$529,000
Sale to List
18% under list
Days on Market
314 days
23659 Malta Rd, Malta, IL 60150
SOLD JAN 13, 2025
$32,500 Last Sold Price
3 beds
1.5 baths
1,400 sq ft
206 S 4th St, Malta, IL 60150
List Price
$19,950
Sale to List
63% over list
Days on Market
33 days
206 S 4th St, Malta, IL 60150
SOLD JAN 13, 2025
$211,450 Last Sold Price
4 beds
2 baths
2,200 sq ft
201 E Washington St, Malta, IL 60150
List Price
$212,900
Sale to List
1% under list
Days on Market
76 days
201 E Washington St, Malta, IL 60150
SOLD DEC 17, 2024
$310,000 Last Sold Price
2 beds
2 baths
1,688 sq ft
2360 Gurler Rd, Malta, IL 60150
List Price
$324,900
Sale to List
5% under list
Days on Market
85 days
2360 Gurler Rd, Malta, IL 60150
SOLD DEC 9, 2024
$220,000 Last Sold Price
5 beds
2 baths
1,895 sq ft
205 S 4th St, Malta, IL 60150
List Price
$229,900
Sale to List
4% under list
Days on Market
90 days
205 S 4th St, Malta, IL 60150
See all recently sold homes in Malta.
See listings

Schools in Malta

Learn about schools in the Malta area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Malta housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Malta.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

99% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Malta

Zip Code Housing Markets

60150 Housing Market

Nearby City Housing Markets

Zip Code Listings

60150 Real Estate

Nearby City Listings

Rentals

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