The housing market in Malta, ID is thriving. The median value for homes in the area is $335,900, which is slightly lower than the US median value of $338,100. However, what makes Malta's housing market stand out is its 1 year appreciation rate of 13.72%, which is significantly higher than the national average of 8.27%. This indicates that investing in a home here would be a wise decision and could yield a greater return on investment compared to other parts of the country.
The median home cost in Malta is $335,900. Home appreciation the last 10 years has been 167.8%. Home Appreciation in Malta is up 21.1%.
Average Age of Homes
- The median age of Malta real estate is 59 years old
The Rental Market in Malta
- Renters make up 31.7% of the Malta population
- 0.0% 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.