Market Overview
Home Prices in Malo, WA
The median home value in Malo, WA is $297,970 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and down 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Malo are priced27% below average.
Price History
Malo Home Price Trend
2024
$303,189
$303K
—
2025
$293,632
$294K
-3.2%
2026
$297,970
$298K
+1.5%
City Comparison
Malo vs. National Median
🏠 Malo
$297,970
National Median
$410,000
At $297,970, homes in Malo cost 27% below the national median of $410,000. This makes Malo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Malo?
20% Down Payment
$59,594
on $297,970
Monthly P&I
$1,554/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,974/mo
incl. taxes & insurance
Income Needed
$78,960
gross annual (30% rule)
10% Down Option
$29,797
+ PMI applies
Loan Amount (20% dn)
$238,376
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 Malo, WA?
The median home value in Malo is $297,970 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 Malo?
Over the past year, home values in Malo have increased by 1.5%.
How much do I need to earn to buy a home in Malo?
To comfortably afford the median home price of $297,970 with a 20% down payment ($59,594) at today's rates (6.8%), you'd need a gross annual income of approximately $78,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Malo compare to the national average home price?
The national median home value is approximately $410,000. At $297,970, homes in Malo are 27% below the national average.