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.


Housing Size

Housing Units by Size
Studio Type5%
One Bedroom24.90%
Two Bedrooms33%
Three Bedrooms24.40%
Four Bedrooms8.20%
Five Bedrooms or more4.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1939
Median Value of occupied units$176,100
Median Price asked for vacant units$187,500

Rented Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1948
Median Monthly Rent asked for vacant units$777

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage5.70%
Home Equity Loan9.90%
Simple Mortgage56.90%
Debt Free27.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.2%