Malden, MA


Highest Appreciating Malden Neighborhoods Since 2000

Malden, MA Real Estate Data

Malden Housing Market Information

With a population of 61,068, 22,851 total housing units (homes and apartments), and a median house value of $409,099, real estate costs in Malden are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Massachusetts communities.

Large apartment complexes or high rise apartments are the single most common housing type in Malden, accounting for 33.43% of the city's housing units. Other types of housing that are prevalent in Malden include duplexes, homes converted to apartments or other small apartment buildings ( 32.06%), single-family detached homes ( 24.60%), and a few row houses and other attached homes ( 9.40%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

People in Malden primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Malden has a mixture of owner-occupied and renter-occupied housing.

The housing in Malden was primarily built before 1939 ( 50.77%), making the housing stock in Malden some of the oldest overall in America, although there is a range of ages of homes in Malden. The next most important housing age is between 1970-1999 ( 22.95%), followed by between 1940-1969 ( 19.38%). There's also some housing in Malden built between 2000 and later ( 6.90%).

Malden Home Appreciation Rates

Appreciation rates for homes in Malden have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.99%, which ranks in the top 50% nationwide. This equates to an annual average Malden house appreciation rate of 0.49%.

Appreciation rates are so strong in Malden that despite a nationwide downturn in the housing market, Malden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Malden appreciation rates continue to be some of the highest in America, at 7.00%, which is higher than appreciation rates in 84.68% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Malden. Malden appreciation rates in the latest quarter were at 1.57%, which equates to an annual appreciation rate of 6.42%.

Relative to Massachusetts, our data show that Malden's latest annual appreciation rate is higher than 90% of the other cities and towns in Massachusetts.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Malden differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Malden - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Malden real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,270,000 0.7
$953,001 - $1,270,000 0.8
$635,001 - $953,000 5.2
$508,001 - $635,000 17.7
$381,001 - $508,000 34.3
$254,001 - $381,000 27.5
$127,001 - $254,000 9.7
$63,001 - $127,000 0.9
$0 - $63,000 3.1

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
9.26977806406278 42.3076923076923

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,659 / per month

Homeownership Rate

Owners 41.18
Renters 58.82
Vacant 5.14

Housing Market Details


Age of Homes

2000 or Newer 6.9
1970 - 1999 23.0
1940 - 1969 19.4
1939 or Older 50.8

Types of Homes

Single-Family 24.6
Townhomes 9.4
Small Apt. Buildings 32.1
Apt. Complexes 33.4
Mobile Homes 0.4
Other 0.1

Home Size

No Bedroom 3.14
1 Bedroom 21.31
2 Bedrooms 34.08
3 Bedrooms 27.89
4 Bedrooms 8.80
5 or more bedrooms 4.78

Malden Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
64.12% 2.96% 8 8
* 10 is highest