The housing market in Malta, NY is a strong one, with the median value of homes at $373,100 which is higher than the US median house value of $338,100. The appreciation rate for homes in Malta has also been higher than the national average over the past year, with an appreciation rate of 10.17%, compared to the US 1 year appreciation rate of 8.27%. This indicates that Malta is an attractive place for homeowners and potential buyers looking for real estate investments.
The median home cost in Malta is $373,100. Home appreciation the last 10 years has been 49.8%. Home Appreciation in Malta is up 11.8%.
Average Age of Homes
- The median age of Malta real estate is 31 years old
The Rental Market in Malta
- Renters make up 29.6% of the Malta population
- 2.2% of houses and apartments in Malta, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.