Housing in Malaga, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$281,000

Median List Price

$129,000

Price Per Sq Ft

$299

Days on Market

34

Active Inventory

7

Months of Supply

3.5

Seller's market

Zillow Home Value

$304,621

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 212.6%List Price 60.3%Apr 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Sale-to-List Ratio

100.4%

Seller's market

Sold Above Asking
50.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

3

Homes Sold 0.0%New Listings 200.0%Pending 50.0%Apr 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$299

Median List $/SF

$117

Sale $/SF 225.0%List $/SF 53.8%Apr 24Jan 26

Malaga vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Malaga is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$228,500

Median Rent

N/A

Total Housing Units

617

Vacancy Rate

7.8%

Owner Occupied

82.4%

Renter Occupied

17.6%

Median Property Tax

$6,231

per year

Monthly Cost (w/ Mortgage)

$1,712

Housing Types

Single Family
97.6%
Multi-Family
0.0%
Mobile Home
2.4%

The current median sale price in Malaga, NJ is $281,000 according to Redfin data. Homes spend a median of 34 days on the market. 50.0% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $299. About 82.4% of housing units are owner-occupied. The median year homes were built is 1964. There are 617 total housing units.