The housing market in Malta, MN is thriving. The median value of homes in the area is $161,000 which is significantly lower than the US house median value of $338,100. Additionally, while the US house appreciation rate over the last year has been 8.27%, Malta’s houses have seen a 13.39% appreciation rate in just one year. This makes Malta an attractive option for potential homeowners looking for a place to live that offers both affordability and potential to grow in value.
The median home cost in Malta is $161,000. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Malta is up 12.6%.
Average Age of Homes
- The median age of Malta real estate is 58 years old
The Rental Market in Malta
- Renters make up 8.0% 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.