Housing Prices in Malaga, NJ
How much do homes in Malaga, NJ cost?
Median List Price
$297,500
$206/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Malaga has increased by 22.9% since last year.
Summary: The median home list price in Malaga was $297,500 in April 2024, up 22.9% from the previous year, and the median price per square foot was $206.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199K | $169.2K | -15.0% |
| 3 Bedrooms | $249K | $297.5K | +19.5% |
| 4 Bedrooms | - | $390K | N/A |
| 5+ Bedrooms | - | $185K | N/A |
Summary: Malaga housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 19.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Malaga | $241.9K | $297.5K | +22.9% |
| Franklin Township | $289.9K | $349.8K | +20.7% |
| Pittsgrove Township | $299.8K | $340K | +13.4% |
| Vineland | $250K | $269.9K | +8.0% |
| Franklinville | $324.9K | $349.9K | +7.7% |
Housing Supply in Malaga, NJ
How many homes are available in Malaga, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Summary: The Malaga real estate market had 6 homes for sale in April 2024, a 200.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Malaga housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Malaga, NJ
How long does it take to sell a home in Malaga, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 152 Days | 28 Days | -81.5% |
Summary: Homes in Malaga had an average listing age of 28 days in Apr 2024, down by 81.5% compared to the previous year.
