The housing market in 61337 Malden, IL is much more affordable than the average US housing market. According to the data, the median value of houses in Malden is $103,200 while the US median house value is $338,100. Despite being a more affordable market, Malden's house appreciation rate still remains competitive with a 1-year appreciation rate of 6.44%, only slightly lower than the US average of 8.27%. This means that not only is real estate in this area more affordable for potential buyers but it also offers investment potential through appreciation over time.
The median home cost in Malden (zip 61337) is $103,200. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Malden (zip 61337) is up 8.8%.
Average Age of Homes
- The median age of Malden (zip 61337) real estate is 52 years old
The Rental Market in Malden (zip 61337)
- Renters make up 19.3% of the Malden (zip 61337) population
- 0.0% of houses and apartments in Malden (zip 61337), 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.