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Featured local agent — Malaga, NJ
Sarah Mitchell
Compass Real Estate · Malaga, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Malaga, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$68,500median sale price
How is the Malaga, NJ housing market right now?
The median home sale price in Malaga, NJ is $68,500. Homes sell in an average of 179 days with 5 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 Malaga a buyer's or seller's market?
Malaga, NJ is currently a balanced market, based on 2.5 months of supply and homes selling in about 179 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
179
Average pace
Active listings
5
2.5 months supply
Sale-to-list
94.2%
Below asking
What does the Malaga housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $68,500 |
| Average days on market | 179 days |
| Active inventory | 5 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 94.2% |
| Median price per sq ft | $69/sq ft |
| Homes sold (latest month) | 2 |
| Listings with a price cut | 40.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Malaga by property type?
How the Malaga, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $68,500 | $69/sq ft | 2 | 179 days |
Source: Redfin · Updated monthly
The Malaga housing market is currently classified as a balanced market with a median sale price of $68,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 179 days on market, indicating 2.5 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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Malaga
There are currently 5 homes listed for sale in Malaga, New Jersey.
Active listings
5
Homes on market
Avg. days on market
179
Days until sale
Who lives in Malaga?
Population
1,612
Median income
$107,875/yr
Median age
37.4 years
Owner-occupied
82.4%
College grads
13.1%
Avg commute
32.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Malaga?
Zillow home value
$324,057
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Malaga?
Malaga is a community of approximately 2K residents with a median age of 37.4 years.The median household income is $107,875, which reflects a relatively affluent area with strong earning potential. 13.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Malaga offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Malaga, NJ?
Want a head-to-head view? Compare Malaga side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Malaga?
The median home sale price in Malaga is $68,500, down 0.0% from last year.
How long do homes stay on market in Malaga?
Homes typically spend 179 days on market before going under contract.
What is the median income in Malaga?
The median household income is $107,875 per year.
Is Malaga a buyer's or seller's market?
With 2.5 months of supply, Malaga is currently a balanced market.
What is the Zillow home value estimate for Malaga?
The Zillow Home Value Index (ZHVI) for Malaga is $324,057, representing the typical home value in the area.
How much does a single-family home cost in Malaga?
The median single-family home price in Malaga, NJ is $68,500 (about $69 per square foot).
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