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Malden

Malden

Located in Middlesex County

$750,337 Average Value
$472 Average Price per Sq Ft
45 Homes For Sale

Just 5 miles north of downtown Boston, Malden is a small city with a diverse and growing population of about 67,269. Originally inhabited by the Native American Pennacook Tribe and later settled by English Puritans in 1640, Malden is close to Broad Sound and between Interstate 93 and U.S. Route 1. Today, Malden’s workforce is mostly concentrated in the health, service, manufacturing and education industries, and the median household income is approximately $94,781, which is slightly higher than the national median.

Today, Malden has a public and a charter school system, dozens of parks and green spaces and convenient transit options for accessing Boston. The city has also implemented economic policies and incentives to revitalize downtown and attract new businesses near the T station. In addition, road improvements throughout the city have made traffic more manageable for commuters heading into Boston. Malden is also currently transforming the old Malden District Courthouse into a center for arts and culture that would feature exhibits and stage performances. Plans have also been approved to improve Kierstead Park and build a community ice rink for multi-purpose use. “I would say phenomenal changes have occurred in the downtown area over the past 5 years,” says Deborah Burke, who is the director of the city’s Strategic Planning and Community Development department. “We have mixed-use developments all around the two T stations, and we are going to bring in more high tech companies such as Alsym Energy to the city and strengthen local workforce.”

Find comfort and tranquility at your new home in Edgeworth.
Find comfort and tranquility at your new home in Edgeworth.
The welcome to Malden sign greets Maplewood visitors.
The welcome to Malden sign greets Maplewood visitors.
Edgeworth is known as the Gaming District with lots of arcades and activities to chose from.
Edgeworth is known as the Gaming District with lots of arcades and activities to chose from.
Artistic racks line the bike paths in the Maplewood neighborhood in Malden, MA.
Artistic racks line the bike paths in the Maplewood neighborhood in Malden, MA.
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Eclectic New England homes in Malden

The median price for a single-family home in Malden is $650,000, lower than Boston’s median home sold price of $727,500. The city has eight neighborhoods, and most are centered around a square that serves as a small commercial hub. Malden Center Historic District is anchored by Salem Street, which is lined with historic buildings from the Victorian Era, including the Converse Memorial Public Library. Malden’s downtown area and Maplewood have lively restaurants and are close to MBTA buses or T stations, which in turn influence area home prices.

Homes here were mostly built between the 1850s and the 1950s, and common housing styles range from Cape Cods, Workers Cottages and American Foursquares to Colonial-inspired or traditional homes built on raised foundations. Single-family properties can list between $500,000 and $1 million, and multi-family homes go from $800,000 to over $1.5 million. Condos start at approximately $300,000 and can fetch $850,000 for a newly built, two-bedroom unit in an upscale condominium.

Homes with spacious porches can be spotted throughout Malden.
Homes with spacious porches can be spotted throughout Malden.
This Victorian is a showstopper as in reaches up to the Edgeworth skyline.
This Victorian is a showstopper as in reaches up to the Edgeworth skyline.
You can find several split level homes that sit tucked back off the street in Maplewood.
You can find several split level homes that sit tucked back off the street in Maplewood.
Older large homes are mixed with newer developments in Maplewood.
Older large homes are mixed with newer developments in Maplewood.
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Public and charter school options

Students in the city may attend Malden Public Schools, which earns an overall B rating from Niche. The district earns an A-plus in student diversity and was named Massachusetts's most diverse school district. “More than 65 languages are spoken in our schools, so this is an extremely diverse community,” Burke says. Malden Public Schools serves approximately 6,100 students with one preschool, five K-8 schools and a public high school. Malden High opened in 1857 and completed a $77 million renovation and upgrade in 2012.

The city is also home to the A-minus Mystic Valley Regional Charter School, which operates on a lottery system for enrollment. Serving over 1,600 students with one preschool, one lower school for grades one through eight and a high school, Mystic Valley is rated by Niche as the No. 7 best charter high school in the state.

Mystic Valley Regional Charter School has an overall grade of A- on Niche.
Mystic Valley Regional Charter School has an overall grade of A- on Niche.
St Anthony School in Everett serves students in grades K through 8.
St Anthony School in Everett serves students in grades K through 8.
Malden High School welcomes the Malden, MA, community.
Malden High School welcomes the Malden, MA, community.
Cheverus School is a private Catholic school in the heart of Malden, MA.
Cheverus School is a private Catholic school in the heart of Malden, MA.
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International foods and convenient shopping centers

Malden is well known for its food scene. “’Our tagline is “Dine in Malden, and taste the world,” so there are all types of food here,” Burke says. “A good portion of them is in the downtown area, and the rest are all over.” The area around the Malden T station is densely packed with Japanese, Chinese and Vietnamese restaurants. Irving and Salem Street also feature Mexican restaurants, jazz clubs and coffee shops. The city has many international specialty grocery stores in addition to familiar chains, such as Market Basket. Big-box retailers are spread throughout the city. Assembly Row, a popular outlet mall with upscale designers and eateries, is in Somerville. People can also head to the Encore Hotel and Casino in Everett for concerts, food and table games.

The 99 Asian Supermarket is a great spot to pick up pantry staples in Maplewood.
The 99 Asian Supermarket is a great spot to pick up pantry staples in Maplewood.
B2 Cafe in Malden Center is a popular spot for lunch.
B2 Cafe in Malden Center is a popular spot for lunch.
Franny's Diner and Patrick's Bar are popular local stops for residents in Maplewood.
Franny's Diner and Patrick's Bar are popular local stops for residents in Maplewood.
The Lego Store in Assembly Row is a popular spot to bring the kids near Edgeworth.
The Lego Store in Assembly Row is a popular spot to bring the kids near Edgeworth.
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Cultural and holiday festivities

Malden celebrates its cultural diversity with events throughout the year, including a Chinese New Year celebration and a Muslim Festival. The St. Rocco's Feast of Malden, which recognizes the traditions and faith of the Italian Catholic Americans while bringing positive impacts to the community, has been a city-wide tradition for 94 years. Other community events include Halloween week, a summer pub crawl and an open-air festival in the Maplewood neighborhood.

Parks and sports programs abound

Malden has about 30 parks, playgrounds, sports fields and a swimming pool. Fellsmere Park is home to Fellsmere Pond, which is about 25 acres and has a “catch-and-release” fishing program. In addition to walking paths and scenic picnic spots, Pine Banks Park has a playground and athletic fields used by local leagues. The city also utilizes the parks for many community events such as its summer concert series and movie nights. In addition, Malden has an active recreation department that offers fitness classes and sports programs. Middlesex Fells Reservation borders the community with approximately 100 miles of trails for walking and hiking.

Many of Malden High and local sports teams practice at the Macdonald Stadium, which was recently renovated and has a running track and synthetic turf. The local high school and Medford High have had a football rivalry since 1889; it's the second-oldest continuous rivalry in the country.

Fellmere Park is a great area to go for a walk around the pond.
Fellmere Park is a great area to go for a walk around the pond.
Walk along the dirt paths with your dog at the Middlesex Fells Reservation.
Walk along the dirt paths with your dog at the Middlesex Fells Reservation.
Play a game of tennis with friends at Howard Park in Maplewood.
Play a game of tennis with friends at Howard Park in Maplewood.
DCR Movies in the Park is a fun summer activity in Middlesex Fells Reservation.
DCR Movies in the Park is a fun summer activity in Middlesex Fells Reservation.
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Public transit and navigating into Boston

Commuters who work in the city can utilize the public transit services provided by the Massachusetts Bay Transportation Authority. The MBTA commuter rail Haverhill Line takes people directly to Boston’s North Station. Buses and the T provide additional transit options. Those who drive can take Interstate 93 or Main Street and access both the capital city and the Boston Logan International Airport within 5 to 10 miles. The nearest hospital is Cambridge Health Alliance – Everett Hospital, which is 2 miles away.

Recent crime data for Malden

According to the FBI Crime Data, there was a total of 427 reported violent offenses and 907 property crimes in 2023. Violent crime rates reached a 10-year low in 2022 and has decreased by 46% over the past decade. The Malden Police Department has a variety of initiatives to help protect the residents in the area, including special resources for senior citizens and teenagers.

Christina Xu
Written By
Christina Xu
Noel Poage
Photography Contributed By
Noel Poage
Benjamin Rose
Video By
Benjamin Rose

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Parks in this Area

Malden Housing Trends

Housing Trends

Median List Price
$599,900
Median Sale Price
$625,944
Median Single Family Sale Price
$702,500
Median Townhouse Sale Price
$727,500
Median 2 Bedroom Sale Price
$440,000
Median Change From 1st List Price
-2%
Last 12 months Home Sales
246
Median Home Sale Price YoY Change
1%
Average Price Per Sq Ft
$472

Area Facts

Number of Homes
9,383
Number of Homes for Sale
45
Median Year Built
1925
Months of Supply
2.20
Average Single Family Home Size Sq Ft
1,644
Below the national average
1,929
Average Townhouse Size Sq Ft
2,534
Average 2 Bedroom Size Sq Ft
1,061
Average 1 Bedroom Size Sq Ft
675
Average Studio Size Sq Ft
401
Median Lot Size Sq Ft
4,791

Open Houses

  • Saturday, Nov 1
    Open Sat 11:30AM - 1PM

    149 Pearl St, Malden, MA 02148

    $899,000

    • 3 Beds
    • 2 Baths
    • 2,400 Sq Ft
    • 149 Pearl St
    • New 13 days ago

    BRAND NEW CONSTRUCTION! This modern farmhouse blends timeless charm with modern design. The great room features high ceilings and LED recessed lighting, creating a bright, open space for everyday living. A dining area leads to the chef’s kitchen, beautifully appointed with stainless steel appliances and gas cooking. Adjoining the kitchen, you’ll find an oversized bonus room with a rear entrance

    Agent Photo
    Robert Leahey
    Lamacchia Realty, Inc.
    (339) 900-8635
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  • Saturday, Nov 1
    Open Sat 11AM - 12PM

    19 Bellvale St, Malden, MA 02148

    $575,000

    • 3 Beds
    • 1 Bath
    • 1,308 Sq Ft
    • 19 Bellvale St
    • New 20 hours ago

    Offered for the first time in 40 years, 19 Bellvale Street sits on a generous lot in Malden’s desirable Linden neighborhood. This longtime family home offers warmth, space, and potential for its next chapter. The main level features comfortable living and dining areas with plenty of natural light and a desirable floorplan. Enjoy the easy flow from the country kitchen to the separate dining room

    Jean-Marie Minton Keller Williams Realty Evolution

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  • Saturday, Nov 1
    Open Sat 11AM - 12:30PM

    25 Rita Dr, Medford, MA 02155

    $949,900

    • 3 Beds
    • 3 Baths
    • 2,310 Sq Ft
    • 25 Rita Dr
    • New 20 hours ago

    One owner - custom built 3 bed/3 bath Split-Entry home! This beautiful & spacious home sits on the highly coveted Rita Drive - a private culdesac! A wonderful entertaining home awaits you! The well-sized living room is complemented by a wood-burning fireplace with marble hearth, bay window, & newly refinished hardwood floors. The adjacent dining room flows nicely into the eat-in-kitchen & the

    Kristin Gennetti Century 21 North East

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Homes for Sale

Homes for Rent

Condo Buildings

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Malden

Property Mix - Square Feet

Malden Has More Renters

Demographics

Total Population
61,637
Median Age
38
Population under 18
20.8%
On par with the national average
23.8%
Population over 65
15%
On par with the national average
19.1%

Finances

Median Household Income
$81,841
Above the national average
$71,702
Average Household Income
$105,777

Education and Workforce

High School Graduates
88.3%
College Graduates
44.5%
Above the national average
34.1%
Advanced Degrees
19.2%
Above the national average
13.3%
% Population in Labor Force
68.4%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
23°F
Average Summer High Temperature
82°F
Annual Snowfall
12''

Area Factors

Bikeable

Bike Score®®

65 / 100

Very Walkable

Walk Score®®

88 / 100

Some Transit

Transit Score®®

49 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Malden
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