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Malden

Malden

Located in Dunklin County

$119,260 Average Value
$78 Average Price per Sq Ft
16 Homes For Sale

Malden serves as a retail and agricultural hub in Missouri's Bootheel

Known for its once-bustling airfield, the city of Malden is a center of convenience in the northern Missouri Bootheel. “Malden is a hub for our local area, as we're right next to the Arkansas state line,” says Don Lancaster, owner of Heartland Town & Country Real Estate. Though Malden’s population fell from 6,100 in 1980 to 3,700 by 2020, this city remains one of Dunklin County’s main venues for shopping and employment. “We do still have an airbase that houses a public airport, and they’ve got a lot of industries out there, like two cotton gins,” says Carol Hatchel, a broker with Heartland Town & Country. “It’s not an overly busy place, but it still provides you with what you need without the busy, hectic lifestyle.”

Downtown and Douglass Street are centers of shopping and dining

Douglass Street is where a lot of Malden’s retail is concentrated, and also a venue for community engagement. “For a small area, Malden has got a lot to offer, like three different auto dealerships,” Hatchel says. “In fact, a local ex-attorney has got a wonderful business going as far as helping disabled people learn trades, and he’s also got an adult daycare system going.”

Malden’s restaurant scene includes both fast food chains and small businesses like Ernie’s Country Kitchen. This brunch outlet serves Missouri culinary staples like barbecue and fried fish in an intimate café setting. La Estancia Mexican Restaurant, which replicates the appearance of a Spanish mission, serves family recipes like fajitas or the occasional Italian-inspired special dish. Grocery options include Dollar General, Harps Food Stores and Walmart.

Malden's ranch-style homes are competitively priced

Malden’s houses are almost entirely 20th-century construction, apart from the occasional, 2010s-built manufactured home. Streets tend to be grid-patterned and are flanked by sidewalks and rows of trees. Ranch-style homes range from around $70,000 to $240,000, depending on size. A median sale price of $91,500 makes Malden slightly less expensive than the other Dunklin County hub, Kennett, where the median sale price is $115,000.

Northern Malden includes a country club and two parks

The city's northern edge is home to several public green spaces. “They're in the process of creating a water pad park, and there’s another city park available to the kids,” Hatchel says. MLK Park offers a basketball court, baseball field, playground and picnic shelters close to downtown. Next to Malden Regional Airport, Hank Watson Park preserves an overgrown section of the neighboring Malden Country Club golf course and includes hiking trails and tennis courts. The 1951-built country club, together with its nine-hole course and sports bar, is open to the public.

Malden High offers strong athletics and extracurriculars

Students can start at Malden Lower Elementary School before attending Malden High School for Grades 6 to 12. Both schools receive C-plus ratings from Niche. Malden High has historically offered strong football and baseball programs as well as extracurriculars like FFA and FCCLA.

Two highways link Malden to larger urban centers

Missouri Route 25 and U.S. Route 62 intersect at Malden and connect it to larger cities. “It’s a good, central location, because we have major hospitals in Cape Girardeau, Poplar Bluff and Dexter within a short driving distance, plus doctors’ and dentists’ facilities,” Lancaster says. Cape Girardeau is a 75-mile drive away, while Poplar Bluff is accessible in just over 30 miles and Dexter within 20. Malden Medical Center puts health care close to home. Malden Regional Airport, once a major training hub for airmen during World War II and the Korean War, has since become a low-volume public airport.

Jacob Adelhoch
Written By
Jacob Adelhoch

Interested in learning more about homes in this area? Reach out to Lucas Edington, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Malden Housing Trends

Housing Trends

Median List Price
$135,000
Median Sale Price
$85,500
Median Single Family Sale Price
$135,000
Median Change From 1st List Price
14%
Last 12 months Home Sales
32
Median Home Sale Price YoY Change
-22%
Average Price Per Sq Ft
$78

Area Facts

Number of Homes in Neighborhood
192
Number of Homes for Sale
16
Median Year Built
1970
Months of Supply
6.00
Average Single Family Home Size Sq Ft
1,604
Below the national average
1,925
Median Lot Size Sq Ft
14,810

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Malden Has More Owners

Demographics

Total Population
3,600
Median Age
41
Population Density
11 ppl/acre
Population under 18
26.6%
On par with the national average
23.8%
Population over 65
21.2%
On par with the national average
19.1%

Finances

Median Household Income
$35,462
Significantly below the national average
$71,702
Average Household Income
$47,299

Education and Workforce

High School Graduates
83.7%
College Graduates
6.9%
Significantly below the national average
34.1%
Advanced Degrees
2.5%
% Population in Labor Force
51.4%
Below the national average
65.1%

Weather

Annual Precipitation
52''
Average Winter Low Temperature
26°F
Average Summer High Temperature
90°F
Annual Snowfall
3''

Area Factors

Somewhat Bikeable

Bike Score®®

25 / 100

Car-Dependent

Walk Score®®

0 / 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
Lucas Edington
Mossy Oak Properties Mozark Re
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