How Much Does A Home Cost in Malden MA?

For those shopping real estate in Boston’s metro area, Malden provides an economical option very close to the city. Not only is it within 15 miles of downtown Boston, it ranks in the top 5 most affordable metro suburbs for both single family and condo property types. Median sale prices are 20-40% lower in Malden than they are in Boston across all property types and the market for Malden real estate is relatively active in terms of deals (528 sales in the last 365 days).

Malden Home Prices By Type
The 1 year median price of condos for sale in Malden is $398K, the second lowest condo price in out of the 45 neighborhoods that make up Metro Boston behind Randolph ($276K). Malden’s median sale price for single family homes ($598K) ranks 4th lowest among suburbs and 6th lowest amongst all. Multi family homes for sale in Malden sold at a 1 year median of $812K. This was the 7th lowest mark amongst suburbs and 8th lowest among all metro neighborhoods for multi family properties.