Is Malden, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Malden is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Malden has remained a Seller's Market.

Key Takeaway

Malden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Malden, MA cost?

Median Sold Price

$617,500

$367/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$62,944(+11.4%)

Key Takeaway

Homes in Malden have sold for 11.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $320K$297.5K
-7.0%
2 $415.2K$419.9K
+1.1%
3 $558.2K$610K
+9.3%
4 $651K$699.5K
+7.5%
5+ $722.5K$844.5K
+16.9%

Median Sold Price Compared To Nearby Cities

Malden
+11.4%
Everett
+10.6%
Melrose
+9.3%
Revere
+9.0%
Medford
+7.8%

How many homes are available in Malden, MA?

Number of Homes For Sale

Apr 2022May 2022%
146171+17.1%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 1011
+10.0%
2 3443
+26.5%
3 4356
+30.2%
4 2325
+8.7%
5+ 3636
0.0%

Number of Homes Sold

Apr 2022May 2022%
3540+14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Malden, you could pay more than the asking price. 82.5% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
14 Days18 Days+25.9%

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Malden are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Malden, MA

Malden, MA has 171 homes on the market. In May 2022 in Malden, MA there were 17.1% more homes for sale than in April 2022. Listings spent 18 days on the market in May 2022, and had a median list price of $617,500 during the same period. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went down by 7%, 2 bedrooms properties became 1.1% more expensive, the cost of 3 bedrooms properties went up by 9.3%, 4 bedrooms properties prices increased by 7.5%, the cost of 5 bedrooms properties went up by 16.9%. This housing market inventory have changed: number of 1 bedroom homes increased by 10%, the quantity of 2 bedrooms homes went up by 26.5%, 3 bedrooms homes became 30.2% more available, number of 4 bedrooms homes increased by 8.7%, number of 5 bedrooms homes remained the same. Over 33 listings were sold over their listed price in May 2022 in Malden, MA. In the same period over 5 listings were sold below the listed price and 2 listings were sold for the listed price.

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