Why Live in Malone
Malone, a rural neighborhood in Elma is full of pastoral landscapes and is close to the Capitol State Forest. With a population of around 300, Malone offers countryside lots often spanning multiple acres, suitable for barns and stables. The area is about 25 miles from Aberdeen and 30 miles from Olympia. Residents enjoy outdoor activities with nearby hiking trails, campsites and the scenic Capitol State Forest, known for its waterfalls and panoramic views from Capitol Peak. Vance Creek County Park, located nearby, features walking trails, fishing ponds, a boat launch and a dog park. The community is also close to the Chehalis River. Malone's homes, primarily found around Mox Chehalis Road and State Route 12, include ranch-style houses, farmhouses, bungalows and Cape Cods. The neighborhood's homes usually date back to the 1910s. While retail options are limited to Red's Hop N' Market, residents visit Elma, 5 miles northwest, for grocery shopping and dining. Elma has restaurants like Rusty Tractor Restaurant and Joey's Crepes & More, and community events such as the Heat on the Street Car and Motorcycle Show, Fall Festival, and Christmas Tree Lighting Festival. Malone is served by the Elma School District. The area is car-dependent, with the nearest hospital 30 miles away in Aberdeen and Seattle–Tacoma International Airport about 80 miles away.
Frequently Asked Questions
Is Malone a good place to live?
Malone is a good place to live. Malone is considered very car-dependent and somewhat bikeable. Malone is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. It has a median age of 46. The average household income is $97,987 which is below the national average. College graduates make up 13.8% of residents. A majority of residents in Malone are home owners, with 18.5% of residents renting and 81.5% of residents owning their home. A
local real estate agent serving Malone can help you decide if this neighborhood is the right one for you. Learn more on our
Malone neighborhood guide.
Is Malone, WA a safe neighborhood?
Malone, WA is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Malone?
The median home price in Malone is $499,950. If you put a 20% down payment of $100,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $2,450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $105K a year to afford the median home price in Malone. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Malone is $98K.
What are the best public schools in Malone?
The best public schools that serve Malone are:
What are the most popular zip codes in Malone, Elma, WA?
What are the most popular neighborhoods near Malone, Elma, WA?
Are home prices dropping in Malone?
Yes, home prices in Malone are down 23% in the last 12 months.
Home Trends in Malone, WA
On average, homes in Malone, Elma sell after 101 days on the market compared to the national average of 55 days. The median sale price for homes in Malone, Elma over the last 12 months is $345,000, down 32% from the median home sale price over the previous 12 months.
Median Sale Price
$345,000
Median Single Family Sale Price
$495,000
Average Price Per Sq Ft
$364
Number of Homes for Sale
1
Last 12 months Home Sales
4
Median List Price
$499,950
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-32%
