Malta, Illinois, is a quaint village in DeKalb County with a population of approximately 1,160 as of the 2020 census. Nestled in the heart of Illinois’ agricultural region, Malta exudes small-town charm with its quiet streets, historic buildings, and strong sense of community. The village is home to Kishwaukee College, which serves as a hub for education and local events, fostering opportunities for residents and students alike. Surrounded by sprawling farmlands, Malta offers a serene, rural lifestyle while remaining close to larger cities like DeKalb and Sycamore, making it an ideal spot for those seeking a peaceful Midwestern escape.
Malta currently has 25 single family homes for sale with an average list price of $314,208.40. The average annual property tax for Malta is $4,647.90.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Malta, i.e. what's hot and what's not.
See What's Hot & What's Not in MaltaMalta home sales for the month of July decreased in volume by 80% when compared to last year, while the median sale price rose by 88.2% from $255,000 to $479,900. House sales decreased by 80%, while the median sale price rose by 88.2% from $255,000 to $479,900.
19
|
29
|
25
|
22
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$172,500
|
$220,000
|
$234,500
|
$250,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |