Malden, MA Real Estate
According to census data in the year 2000 there were 23,634 housing units in Malden.
This represents a 1.8% growth from 23,217 in 1990.
Of those housing units, 23,634 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Malden is about 43.3%.
Malden's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Malden were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5% |
| One Bedroom | 24.90% |
| Two Bedrooms | 33% |
| Three Bedrooms | 24.40% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $176,100 |
| Median Price asked for vacant units | $187,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $777 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 56.90% |
| Debt Free | 27.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.2% |
