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 Q4 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Malden Housing Market Information

With a population of 60,840, 23,087 total housing units (homes and apartments), and a median house value of $432,365, 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 32.95% 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 ( 32.62%), single-family detached homes ( 25.59%), and a few row houses and other attached homes ( 8.30%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

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 ( 49.97%), 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 ( 23.29%), followed by between 1940-1969 ( 18.94%). There's also some housing in Malden built between 2000 and later ( 7.80%).

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 28.86% over the last ten years, which is an average annual home appreciation rate of 2.57%, putting Malden in the top 10% 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 11.75%, which is higher than appreciation rates in 94.96% 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 1.71%, which equates to an annual appreciation rate of 7.01%.

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
> $1,333,000 1.1
$1,000,001 - $1,333,000 0.4
$666,001 - $1,000,000 5.9
$533,001 - $666,000 20.3
$400,001 - $533,000 32.9
$267,001 - $400,000 27.0
$133,001 - $267,000 7.7
$67,001 - $133,000 0.6
$0 - $67,000 4.1

High for MA
Very High for Nation

Value Relative to Nation Value Relative to State
8.78065913481239 39.1025641025641

Number Of Homes And Apartments:

Malden Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q3 - 2017 Q4
Last 12 Months:
2016 Q4 - 2017 Q4
Last 2 Years:
2015 Q4 - 2017 Q4
Last 5 Years:
2012 Q4 - 2017 Q4
Last 10 Years:
2007 Q4 - 2017 Q4
Since 2000:
2000 Q1 - 2017 Q4
88.45% 3.58%
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,084 / per month

Homeownership Rate

Owners 41.04
Renters 58.96
Vacant 5.84

Housing Market Details


Age of Homes

2000 or Newer 7.8
1970 - 1999 23.3
1940 - 1969 18.9
1939 or Older 50.0

Types of Homes

Single-Family 25.6
Townhomes 8.3
Small Apt. Buildings 32.6
Apt. Complexes 32.9
Mobile Homes 0.5
Other 0.1

Home Size

No Bedroom 4.22
1 Bedroom 22.70
2 Bedrooms 33.38
3 Bedrooms 26.48
4 Bedrooms 8.66
5 or more bedrooms 4.55