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2024 Compare Cities Housing:
Springfield, MA vs Malden, MA

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Highlights
- The median age of a home in Springfield is 14.1% older than the median age of a home in Malden.

Housing
 Springfield, MAMalden, MAUnited States
 Median Home Age716142
 Median Home Cost$240,800$586,600$338,100
 Home Appr. Last 12 months15.6%10.6%16.6%
 Home Appr. Last 5 yrs.60.6%44.8%57.0%
 Home Appr. Last 10 yrs.82.9%104.4%101.1%
 Property Tax Rate$18.0$9.3$11.0
 Homes Owned43.6%39.4%57.4%
 Housing Vacant7.7%5.2%11.2%
 Homes Rented48.7%55.4%31.4%
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 Avg Rent For Home Or Apartment
 Springfield, MAMalden, MAUnited States
 Average Rent$1,520$3,190$1,840
 Studio Apartment$840$2,010$1,080
 1 Bedroom Home or Apartment$1,020$2,190$1,180
 2 Bedroom Home or Apartment$1,260$2,660$1,430
 3 Bedroom Home or Apartment$1,540$3,240$1,860
 4 Bedroom Home or Apartment$1,860$3,580$2,160
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 Vacant Housing
 Springfield, MAMalden, MAUnited States
 Vacant For Rent2.1%0.9%1.9%
 Vacant Rented0.3%0.4%0.4%
 Vacant For Sale0.5%0.5%0.7%
 Vacant Sold0.3%0.1%0.4%
 Vacant Vacation0.3%0.6%3.6%
 Vacant Other4.3%2.7%4.1%
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 Owner-Occupied Housing Value
 Springfield, MAMalden, MAUnited States
 Less Than $20,0002.6%0.4%2.6%
 $20,000 to $39,9990.8%1.3%2.4%
 $40,000 to $59,9990.9%0.4%2.8%
 $60,000 to $79,9991.2%0.4%3.9%
 $80,000 to $99,9993.9%0.0%4.5%
 $100,000 to $149,99921.9%0.5%11.3%
 $150,000 to $199,99937.9%0.5%13.0%
 $200,000 to $299,99923.0%6.4%20.1%
 $300,000 to $399,9994.8%20.5%13.6%
 $400,000 to $499,9991.6%21.5%8.3%
 $500,000 to $749,9990.8%35.4%9.7%
 $750,000 to $999,9990.2%9.8%3.9%
 $1,000,000 to $1,499,9990.3%1.8%2.2%
 $1,500,000 to $1,999,9990.0%0.1%0.8%
 $2,000,000 and over0.1%1.1%1.1%
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 Housing Units By Year Built
 Springfield, MAMalden, MAUnited States
 2015 and Newer0.1%0.1%0.2%
 2010 to 20142.5%6.5%13.6%
 2000 to 20092.5%6.5%13.6%
 1990 to 19993.6%4.9%13.6%
 1980 to 19897.2%7.1%13.2%
 1970 to 19799.9%8.9%14.8%
 1960 to 19693.6%4.9%13.6%
 1950 to 195916.5%5.6%10.0%
 1940 to 194910.7%4.2%4.7%
 1939 or Earlier38.6%50.4%12.2%

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Reviews for Springfield    15 Reviews

Over 5 years ago

Springfield is experiencing a rejeuvenation. Does the city have issues? Of course, what medium-sized city doesn't? During the past year, a new $1 billion MGM  More

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This city has a bad rep that is unwarranted. I just bought a terrific little house in a quiet and friendly neighborhood. Everywhere I go in this town, people are  More

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Over 10 years ago

I just moved to Springfield almost a year now. I moved there because I know the housing stock there is plentiful. It's also very affordable. The most affordable place to  More

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Reviews for Malden    6 Reviews

Getting into downtown Boston is quick and  More

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Over 14 years ago

Malden has good schools and is an easy commute to Boston on public transportation. Property taxes are high. The weather is very changeable. It is not  More

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Malden is the northern end of the Boston metro area where the last two orange line stops make for an excellent commute. The pricing starts to get to a place where  More

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ZIPS IN SPRINGFIELD, MASSACHUSETTS
01109, 01108, 01104, 01118, 01119, 01105, 01107, 01151, 01129, 01128, 11 total
ZIPS IN MALDEN, MASSACHUSETTS
02148

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