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Malta, MT Real Estate


According to census data in the year 2000 there were 1,071 housing units in Malta. This represents a 6.4% decline from 1,144 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,071 were located in what is classified as a rural area.

Homeownership rate in Malta is about 68.4%. Malta's vacancy rate, including seasonal lodging, is about 15.8%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Malta were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom13.50%
Two Bedrooms29.20%
Three Bedrooms28.40%
Four Bedrooms21.80%
Five Bedrooms or more5.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1966
Median Value of occupied units$64,300
Median Price asked for vacant units$30,800

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1960
Median Monthly Rent asked for vacant units$250

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan2.20%
Simple Mortgage40.40%
Debt Free52.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16%