Bankruptcy Homes in Malden, MA

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Home Value Estimator For Malden, MA

There are currently 11,808 real estate properties in Malden, MA, with a median automated valuation model (AVM) price of $662,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Malden, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Malden, MA, is $666,806.00, with the most expensive house in Malden, MA, topping out at $5,005,200.00 and the cheapest home in Malden, MA, clocking in at $120,219.00. In other words, there’s something for every potential homebuyer or savvy investor in Malden, MA!

Rent Prices In Malden, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Malden, MA, is on a rollercoaster ride. The average rent price in Malden, MA, is $2,209.00. Indeed, when looking to rent in Malden, MA, you can expect to pay as little as $1,090.00 or as much as $4,280.00, with the average rent median estimated to be $2,260.00. The good news is that finding an affordable and desirable property to rent in Malden, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Malden, MA In 2024

Malden is located in Middlesex, Massachusetts, with an estimated municipal population of 60,470 residents. All of the best foreclosed homes for sale in Malden are located in the following zip code areas on 02148. The estimated population per square kilometer (.62 miles) in Malden is 4,628.

Cost Of Living In Malden, MA

So, about how much do homes cost in Malden? The most recent median value of resident-owned homes in Malden is 403,748. An estimated 41 percent of households in Malden own their homes, with an average family size of 3.25. The median household income in Malden is 65,975, with31.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Malden, the median commute time of resident workers (in minutes) is 36.8. And last, but certainly not least, are you looking for homes to rent in Malden? If so, the average rent price paid by renters in Malden is 1,577, according to recent statistics.

Diversity And Demographics In Malden, Massachusetts

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Malden, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Malden is 34.6, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Malden is 48.4, with an average family size of 3.25.

The percentage of residents who report their race in Malden is as follows:

White 53.1%
Black / African American 18.5%
Asian 22.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 2.7%

Looking for family-friendly neighborhoods in and/or near Malden? Or maybe you are searching for 55+ active adult communities in and/or near Malden?

The percentage of residents who report their age in Malden is as follows:

Under 10 11.6%
Aged 10-19 8.9%
20s 19.7%
30s 17.7%
40s 11.9%
50s 12.6%
60s 9.1%
70s 5.4%
80+ 3.2%

Best Schools In Malden, Massachusetts

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Malden with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Malden.

Pros And Cons Of Living In Malden, Massachusetts

How do you know that living in -- or moving to -- Malden is right where you need to be? Perhaps you grew up in Malden or already live nearby; therefore, the decision to buy a home in Malden is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Malden for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Malden:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Malden.

Reasons To Move To Malden, Massachusetts, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Malden can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Malden, meanwhile, can field multiple offers from more qualified buyers.

Malden, MA Bankruptcy Homes


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