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Featured local agent — Malone, NY
Sarah Mitchell
Compass Real Estate · Malone, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Malone, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$112,500median sale price
How is the Malone, NY housing market right now?
The median home sale price in Malone, NY is $112,500, down 35.7% year-over-year. Homes sell in an average of 129 days with 38 active listings. The market is currently a buyer's 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 Malone a buyer's or seller's market?
Malone, NY is currently a buyer's market, based on 19.0 months of supply and homes selling in about 129 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
129
Average pace
Active listings
38
19.0 months supply
Sale-to-list
90.3%
Below asking
What does the Malone housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $112,500 |
| Median list price | $149,000 |
| Year-over-year price change | -35.7% |
| Average days on market | 129 days |
| Active inventory | 38 listings |
| Months of supply | 19.0 months |
| Sale-to-list price ratio | 90.3% |
| Median price per sq ft | $75/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 7 |
| Listings with a price cut | 26.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Malone by property type?
How the Malone, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $115,000 | $92/sq ft | 1 | 108 days |
| Condo / Co-op | $110,000 | $59/sq ft | 1 | 149 days |
Source: Redfin · Updated monthly
The Malone housing market is currently classified as a buyer's market with a median sale price of $112,500. Prices have fallen 35.7% compared to last year, with homes spending an average of 129 days on market, indicating 19.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Malone
There are currently 38 homes listed for sale in Malone, New York. The median listing price is $149K.
Active listings
38
Homes on market
Median list price
$149K
Avg. days on market
129
Days until sale
New this week
7
Newly listed
Who lives in Malone?
Population
5,466
Median income
$59,489/yr
Median age
43.6 years
Owner-occupied
50.7%
College grads
28.9%
Avg commute
12.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Malone?
Malone is a community of approximately 5K residents with a median age of 43.6 years.The median household income is $59,489, which represents a working-class community with solid middle-income opportunities. 28.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 50.7%, showing a blend of owner and renter-occupied properties. The average commute time is 12.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Malone offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Malone?
6 schools tracked · 2,195 students
The largest public schools serving Malone, NY 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.
FRANKLIN ACADEMY HIGH SCHOOL
Grades 9-12 · 683 students
DAVIS ELEMENTARY SCHOOL
Grades PK-5 · 560 students
MALONE MIDDLE SCHOOL
Grades 6-8 · 489 students
FLANDERS ELEMENTARY SCHOOL
Grades PK-5 · 224 students
SAINT JOSEPH'S ELEMENTARY SCHOOL
Grades PK-5 · 197 students
FRANKLIN-ESSEX-HAMILTON BOCES
Grades 9-12 · 42 students
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 Malone, NY?
Want a head-to-head view? Compare Malone side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Malone?
The median home sale price in Malone is $112,500, down 35.7% from last year.
How long do homes stay on market in Malone?
Homes typically spend 129 days on market before going under contract.
What is the median income in Malone?
The median household income is $59,489 per year.
Is Malone a buyer's or seller's market?
With 19.0 months of supply, Malone is currently a buyer's market.
What is the median condo price in Malone?
The median condo/co-op sale price in Malone, NY is $110,000, compared to $115,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Malone?
The median single-family home price in Malone, NY is $115,000 (about $92 per square foot).
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