Is Malta, IL 60150 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Malta is a seller’s market. With about 2.7 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.7Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$200▲ +12.6% vs. last year

The Malta housing market right now

In the three months ending August 31, 2026, 14% of homes in Malta, IL 60150 sold above their list price, the typical home went under contract in 42 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold faster (63 days then) and the median sale price rose 41% to $399,727. Overall, Malta is about as competitive as it was a year ago.

Within DeKalb County, homes here sell faster than in 82% of the county’s ZIP codes, and sell less often over asking than in 82%.

Nearby, buyers who want less competition could look at Shabbona 60550 (0% sold over asking) or Somonauk 60552 (8% sold over asking), while Kirkland 60146 (67% sold over asking) and Kingston 60145 (57% sold over asking) are even more competitive.

Nearby markets

Cortland 60112Balanced $183 /sq ftDekalb 60115Seller’s market $172 /sq ftGenoa 60135Seller’s market $200 /sq ftHinckley 60520Seller’s market $190 /sq ft Browse all markets →

Where Malta is

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Questions about Malta real estate

Is Malta a buyer’s or seller’s market?

A seller’s market: there were 2.7 months of supply in Malta, IL 60150 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Malta?

The typical home went under contract in 42 days in the latest three months.

Do homes in Malta sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Malta?

About 2.45% of a home’s value a year in DeKalb County, or roughly $9,800 on a $400,000 home.

What is the median home price in Malta?

The median sale price was $399,727 in the three months ending August 31, 2026, about $200 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology