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 $710K last month, up 14.5% 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 14.5% compared to last year, selling for a median price of $710K. On average, homes in Malden sell after 17 days on the market compared to 22 days last year. There were 18 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 16 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 26 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 2% above list price and go pending in around 17 days.
- Hot homescan sell for about 5% 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|7 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. …
More - Offer Not Accepted|12 Weeks Ago~$425K OfferSold for $400K2 bd | 2 ba | ~1,000 sqftOver List Price5%Days on Market6Competing Offers9Down Payment<10%
View houses in Malden that sold recently
Recently sold homes
- $660,000 Last Sold Price2 beds2 baths993 sq ft206 Highland Ave #206, Malden, MA 02148List Price$675,000Sale to List2% under listDays on Market92 days206 Highland Ave #206, Malden, MA 02148
- $650,000 Last Sold Price3 beds1 bath1,398 sq ft77 Summit St, Malden, MA 02148List Price$649,900Sale to List0% over listDays on Market62 days77 Summit St, Malden, MA 02148
- $625,000 Last Sold Price2 beds2 baths1,252 sq ft502 Salem St, Malden, MA 02148List Price$639,900Sale to List2% under listDays on Market62 days502 Salem St, Malden, MA 02148
- $507,000 Last Sold Price1 bed1 bath1,127 sq ft30 Franklin St #329, Malden, MA 02148List Price$499,000Sale to List2% over listDays on Market56 days30 Franklin St #329, Malden, MA 02148
- $363,000 Last Sold Price1 bed1 bath876 sq ft20-30 Daniels St #217, Malden, MA 02148List Price$355,000Sale to List2% over listDays on Market48 days20-30 Daniels St #217, Malden, MA 02148
- $420,000 Last Sold Price1 bed1 bath750 sq ft30 Franklin St #418, Malden, MA 02148Redfin Corp.List Price$389,000Sale to List8% over listDays on Market48 days30 Franklin St #418, Malden, MA 02148
- $671,000 Last Sold Price3 beds1.5 baths1,372 sq ft38 Bayrd St, Malden, MA 02148List Price$599,900Sale to List12% over listDays on Market35 days38 Bayrd St, Malden, MA 02148
- $600,000 Last Sold Price3 beds1.5 baths1,248 sq ft71 Williams St, Malden, MA 02148List Price$599,999Sale to List0% over listDays on Market74 days71 Williams 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 | 853 Students | 8 reviews |
5/10 Salemwood School Public • K-8 | 1169 Students | 7 reviews |
5/10 Ferryway School Public • K-8 | 916 Students | 9 reviews |
5/10 Forestdale School Public • K-8 | 559 Students | 6 reviews |
5/10 Beebe School Public • K-8 | 903 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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