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Cheap Homes in Malden, IL

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Malden, IL Foreclosures

Current Market Conditions in in Malden, IL As of February 2026?
Over the past month, Malden's real estate market has maintained its steady pace, with several homes listed reflecting steady demand. There have been notable showings at open houses, indicating heightened interest from potential buyers. The volume of sales transactions remained consistent, with a healthy turnover of properties, primarily within the starter and mid-range price segments. The overall sentiment in the market is positive, with local real estate agents reporting that the modest price growth is encouraging newcomers to explore home ownership in Malden.
How much do homes sell for in Malden, IL?
The average home price is currently $123,220.
In Malden, IL, how many homes are available?
There are currently 2 active home listings available in Malden.
What’s the average rental cost in Malden, IL?
The average rental price in Malden is $874.
What is the most expensive home in Malden?
The most expensive home sold in Malden had a price of $418,856.
What is currently the cheapest priced home in Malden, IL?
The cheapest home for sale in Malden is priced at $13,832.

Living in Malden, IL

Malden, Illinois, is a quaint village known for its community-oriented lifestyle and rural charm. Residents enjoy local amenities, access to education, and the serene beauty of nature. With its friendly atmosphere, Malden is ideal for families and retirees alike.

Buyer vs Seller Market in Malden, IL

The current real estate market in Malden is experiencing a steady demand for homes, with prices remaining relatively stable. The community's appeal lies in its affordability and quality of life, attracting potential buyers looking for a quieter place away from urban congestion. Overall, properties in the region are moderately priced, appealing to first-time homebuyers and investors alike.

Recent trends indicate a slight uptick in home renovations and new constructions as residents invest in their properties, enhancing the overall attractiveness of the neighborhood. This activity is likely to continue as more people search for homes that offer both comfort and the opportunity to personalize their living spaces.

Home Value Estimator For Malden, IL

There are currently 180 real estate properties in Malden, IL, with a median automated valuation model (AVM) price of $118,663.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Malden, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Malden, IL, is $123,220.00, with the most expensive house in Malden, IL, topping out at $418,856.00 and the cheapest home in Malden, IL, clocking in at $13,832.00. In other words, there’s something for every potential homebuyer or savvy investor in Malden, IL!

Rent Prices In Malden, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Malden, IL, is on a rollercoaster ride. The average rent price in Malden, IL, is $874.00. Indeed, when looking to rent in Malden, IL, you can expect to pay as little as $580.00 or as much as $1,230.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Malden, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Malden, IL


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