Median Price
$710,000
$398/sqft
Schools
4.8/10
Average
Appreciation
4.8/10
Growth Potential
Commute
34 min
to Boston
Live Market Snapshot
Loading…Recently Sold in Malden
View all 48 sales$0
Curated Median
48
Total Sales on Record
$0–0
Price Range
Well Over Median
4bd2ba1,907 sqft
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Well Over Median
4bd2ba1,702 sqft
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Well Over Median
3bd2ba1,568 sqft
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Well Over Median
4bd3ba2,225 sqft
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Well Over Median
4bd2ba2,578 sqft
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Well Over Median
4bd2ba1,726 sqft
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What Drives Prices in Malden
Full breakdownDecomposition of the $710,000 median price into its underlying components.
Land Value$158,666 (22%)
Structure & Quality$634,666 (89%)
School Premium-$95,200 (-13%)
Access & Commute Premium$90,757 (13%)
Prestige & Stability Premium-$78,889 (-11%)
680
School Value Score
910
Overall Value Score
The Malden Vibe
Diverse, urban, scrappy city with strong immigrant communities and improving downtown
Working-class city that's more affordable than Somerville with better T access than Lynn. Malden Center is gentrifying fast, and you're minutes from Boston.
Highlights
🚇 Orange Line brings you to downtown Boston in 15 minutes
🌏 Incredibly diverse with thriving immigrant communities
💰 Affordable alternative to Cambridge/Somerville
📈 Malden Center redevelopment driving growth
Who It's For
✓ Great for
- •First-time buyers wanting Orange Line access under $650K
- •Families valuing diversity and community
- •Investors betting on gentrification
- •Commuters who love the T
⚠ Consider elsewhere if
- •You need top-rated schools immediately
- •You want suburban quiet and space
- •You're not comfortable with urban density
Demographics
Population65,096
Median Age36.7
Median Household Income$115,603
Work from Home15.1%
Professional Sector50.1%
Insider Tips
- 1.Malden Center is where the action is—cafes and new development
- 2.Oak Grove area near the T is quiet and residential
- 3.Property values rising faster than most realize