Malden, MA


Highest Appreciating Malden Neighborhoods Since 2000

Malden, MA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Malden Housing Market Information

With 61,068 people, 22,914 houses or apartments, and a median cost of homes of $429,109, 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 33.26% 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 ( 31.91%), single-family detached homes ( 26.05%), and a few row houses and other attached homes ( 8.30%). 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 ( 50.36%), 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 ( 22.75%), followed by between 1940-1969 ( 19.48%). There's also some housing in Malden built between 2000 and later ( 7.41%).

Malden Home Appreciation Rates

In the last 10 years, Malden has experienced some of the highest home appreciation rates of any community in the nation. Malden real estate appreciated 22.02% over the last ten years, which is an average annual home appreciation rate of 2.01%, putting Malden in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Malden definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 8.52%, which is higher than appreciation rates in 87.96% 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 1.58%, which equates to an annual appreciation rate of 6.47%.

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
> $1,336,000 0.5
$1,002,001 - $1,336,000 0.9
$668,001 - $1,002,000 5.3
$535,001 - $668,000 17.9
$401,001 - $535,000 34.8
$267,001 - $401,000 27.5
$134,001 - $267,000 9.1
$67,001 - $134,000 0.7
$0 - $67,000 3.2

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
8.97593535921307 40.3846153846154

Number Of Homes And Apartments:

Malden Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
Since 2000:
2000 Q1 - 2017 Q3
79.18% 3.34% 9 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,124 / per month

Homeownership Rate

Owners 40.62
Renters 59.38
Vacant 5.26

Housing Market Details


Age of Homes

2000 or Newer 7.4
1970 - 1999 22.8
1940 - 1969 19.5
1939 or Older 50.4

Types of Homes

Single-Family 26.0
Townhomes 8.3
Small Apt. Buildings 31.9
Apt. Complexes 33.3
Mobile Homes 0.4
Other 0.1

Home Size

No Bedroom 3.65
1 Bedroom 22.18
2 Bedrooms 34.51
3 Bedrooms 26.71
4 Bedrooms 8.07
5 or more bedrooms 4.89