Is Malta, ID 83342 a buyer’s or seller’s market?
Malta is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Malta housing market right now
In the three months ending August 31, 2026, 0% of homes in Malta, ID 83342 sold above their list price, the typical home went under contract in 31 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (19 days then) and the median sale price rose 31% to $419,818. Overall, Malta is less competitive than a year ago, which gives buyers more room.
Within Cassia County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Albion 83311 (33% sold over asking) and Declo 83323 (33% sold over asking) are even more competitive.
Run the numbers for 83342
Nearby markets
Albion 83311Seller’s market $232 /sq ftAlmo 83312 $270 /sq ftBurley 83318Seller’s market $199 /sq ftDeclo 83323Seller’s market $225 /sq ft Browse all markets →Towns like Malta nearby
Find towns like Malta in other states →Where Malta is
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Questions about Malta real estate
Is Malta a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Malta, ID 83342 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 31 days in the latest three months.
Do homes in Malta sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.3% of the list price.
What are property taxes in Malta?
About 0.41% of a home’s value a year in Cassia County, or roughly $1,640 on a $400,000 home.
What is the median home price in Malta?
The median sale price was $419,818 in the three months ending August 31, 2026, about $208 per square foot.
Local agents
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More tools for 83342
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology