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Featured local agent — Malta, IL
Sarah Mitchell
Compass Real Estate · Malta, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Malta, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$288,175median sale price
How is the Malta, IL housing market right now?
The median home sale price in Malta, IL is $288,175. Homes sell in an average of 214 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Malta a buyer's or seller's market?
Malta, IL is currently a balanced market, based on 1.0 months of supply and homes selling in about 214 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
214
Average pace
Active listings
2
1.0 months supply
Sale-to-list
95.3%
Below asking
What does the Malta housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $288,175 |
| Median list price | $326,495 |
| Average days on market | 214 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 95.3% |
| Median price per sq ft | $163/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Malta by property type?
How the Malta, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $288,175 | $163/sq ft | 2 | 214 days |
Source: Redfin · Updated monthly
The Malta housing market is currently classified as a balanced market with a median sale price of $288,175. Prices have fallen 0.0% compared to last year, with homes spending an average of 214 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Malta
There are currently 2 homes listed for sale in Malta, Illinois. The median listing price is $326K.
Active listings
2
Homes on market
Median list price
$326K
Avg. days on market
214
Days until sale
New this week
2
Newly listed
Who lives in Malta?
Population
1,507
Median income
$83,611/yr
Median age
33.7 years
Owner-occupied
66.0%
College grads
23.7%
Avg commute
26.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Malta?
Zillow home value
$278,452
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Malta?
Malta is a community of approximately 2K residents with a median age of 33.7 years.The median household income is $83,611, which reflects a relatively affluent area with strong earning potential. 23.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Malta offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Malta?
3 schools tracked · 287 students
The largest public schools serving Malta, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Malta Elementary School
Grades K-5 · 287 students
KEC Central EFE 170
Grades 7-12
KEC Area Voc Center
Grades 11-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Malta, IL?
Want a head-to-head view? Compare Malta side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Malta?
The median home sale price in Malta is $288,175, down 0.0% from last year.
How long do homes stay on market in Malta?
Homes typically spend 214 days on market before going under contract.
What is the median income in Malta?
The median household income is $83,611 per year.
Is Malta a buyer's or seller's market?
With 1.0 months of supply, Malta is currently a balanced market.
What is the Zillow home value estimate for Malta?
The Zillow Home Value Index (ZHVI) for Malta is $278,452, representing the typical home value in the area.
How much does a single-family home cost in Malta?
The median single-family home price in Malta, IL is $288,175 (about $163 per square foot).
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