Market Overview
Home Prices in Malaga, WA
The median home value in Malaga, WA is $529,013 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Malaga are priced29% above average. Malaga is part of the Wenatchee, WA metro area.
Over the past five years, Malaga home values have risen by approximately12.0%, reflecting steady appreciation in this market.
Price History
Malaga Home Price Trend
2020
$389,480
$389K
—
2021
$472,296
$472K
+21.3%
2022
$524,221
$524K
+11.0%
2023
$504,010
$504K
-3.9%
2024
$508,674
$509K
+0.9%
2025
$520,990
$521K
+2.4%
2026
$529,013
$529K
+1.5%
City Comparison
Malaga vs. National Median
🏠 Malaga
$529,013
National Median
$410,000
At $529,013, homes in Malaga cost 29% above the national median of $410,000. Buyers in Malaga should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Malaga?
20% Down Payment
$105,803
on $529,013
Monthly P&I
$2,759/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,504/mo
incl. taxes & insurance
Income Needed
$140,160
gross annual (30% rule)
10% Down Option
$52,901
+ PMI applies
Loan Amount (20% dn)
$423,210
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Malaga, WA?
The median home value in Malaga is $529,013 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Malaga?
Over the past year, home values in Malaga have increased by 1.5%. Over five years, prices have risen approximately 12.0%.
How much do I need to earn to buy a home in Malaga?
To comfortably afford the median home price of $529,013 with a 20% down payment ($105,803) at today's rates (6.8%), you'd need a gross annual income of approximately $140,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Malaga compare to the national average home price?
The national median home value is approximately $410,000. At $529,013, homes in Malaga are 29% above the national average.
What metro area is Malaga part of?
Malaga is part of the Wenatchee, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.