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Malone Homes for Sale

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  • 39 lot 19 Middle Earth Ln, Malone, WA 98541
    39 lot 19 Middle Earth Ln, Malone, WA 98541
    39 lot 19 Middle Earth Ln, Malone, WA 98541
    /17

    $135,000

    $25K PRICE DROP
    • Land
    • 5.21 Acres
    • $25,912 per Acre

    39 lot 19 Middle Earth Ln, Malone, WA 98541

    Great Location to build your dream home! This 5 Acre lot is mostly flat pasture and useable ground! There is a common area across the road for you to enjoy Mox Chehalis Creek Frontage for your own little summer heat escape! This is where people who want country and convenience with some space want to be! Plus the entrance to Capitol Forest is just to the left of the entrance to Middle Earth Lane!

    Agent Photo

    Jill Warne

    CENTURY 21 Real Estate Center

    39 lot 19 Middle Earth Ln, Malone, WA 98541
  • 5051 U S 12, Elma, WA 98541
    5051 U S 12, Elma, WA 98541
    5051 U S 12, Elma, WA 98541
    /40

    $9,900,000

    • 4 Beds
    • 5 Baths
    • 12,606 Sq Ft

    5051 U S 12, Elma, WA 98541

    For sale for the first time; the Exclusive Elma Equestrian Estate. One of the top Equestrian Estates in the Northwest which has produced numerous US National Arabian Champions and Rider Championships. The sale includes a large 12,606 sf Krekow Jennings custom built timber frame 4 bedroom home. Within the primary home are 43 foot arched ceilings in the Great Room; and a fully appointed Kitchen

    Brad Vancour Realogics Sotheby's Int'l Rlty

    5051 U S 12, Elma, WA 98541
Washington Grays Harbor County Elma

Real Estate & Homes for Sale in Malone, Elma

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.
Learn more about living in Malone

Malone Home Prices vs. Nearby Elma, WA Neighborhoods

Malone Satsop Elma
Median Home Price
$524,925
$489,000
$430,000
Median Sale Price
$460,000
+254% YoY
$525,750
+30% YoY
$406,000
+2% YoY
Median Single Family Price
$530,000
$489,000
$405,000
Total Active Listings
1 listings
1 listings
20 listings
Market Conditions
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market

Frequently Asked Questions

Is Malone a good place to live?
Malone is a good place to live. Malone is considered somewhat bikeable. Malone is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. It is sparse in population with 1.0 people per acre and 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% of residents renting and 82% 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 $524,925. If you put a 20% down payment of $105,000 and had a 30-year fixed mortgage with an interest rate of 6.69%, your estimated principal and interest payment would be $2,710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $116K 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?
The most popular zip codes in Malone, Elma, WA include 98541, 98557, 98568, 98563 and 98502.
What are the most popular neighborhoods near Malone, Elma, WA?
The most popular neighborhoods near Malone, Elma, WA are Littlerock, Grand Mound, Trosper, Tumwater Hill and South Westside.
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID

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