SIALIMStatistical Intelligence for America's Local Investment Markets

02148Malden, MA Home Values

Typical home value $693,547 as of June 2026 · 159th of 272 in Boston-Cambridge-Newton, MA-NH

Typical value — June 2026
$693,547
observed, not a forecast
Past 12 months
+1.5%
trailing year-over-year change
Past 5 years
+18.5%
June 2021 to June 2026
Rank in metro
159th
of 272 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 02148, June 2021 to June 2026. This page shows observed data only; no forecast.

How 02148 compares in the Boston-Cambridge-Newton, MA-NH area

ZIP code 02148 (Malden, MA) has a typical home value of $693,547 as of June 2026, ranking 159th of 272 ZIP codes tracked in the Boston-Cambridge-Newton, MA-NH area, more expensive than about 42% of ZIP codes in the metro. Prices here have moved +1.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +18.5%, from $585,363 in June 2021 to $693,547 in June 2026. Against observed rent, the typical home here sells for 20.6× the annual rent ($2,803/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Boston-Cambridge-Newton, MA-NH forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Boston.

Population and demographics

ZIP code 02148 has a population of 65,509, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 44.1% White, 27.5% Asian, 13.3% Black or African American, 9.1% Hispanic or Latino, 4.6% two or more races, and 1.5% another race.

Nearby public schools

SchoolAddressDistance
Malden Early Learning Center257 Mountain Avenue, Malden, MA0.3 mi
Malden High77 Salem Street, Malden, MA0.3 mi
Salemwood529 Salem Street, Malden, MA0.5 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 02148?

$693,547 as of June 2026, the latest month Zillow has published observed data for.

Is 02148 an expensive ZIP code in the Boston-Cambridge-Newton, MA-NH area?

02148 ranks 159th of 272 ZIP codes in the Boston-Cambridge-Newton, MA-NH area by typical home value, more expensive than about 42% of ZIP codes in the metro.

How much have home values in 02148 changed over the past year?

+1.5% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 02148?

The typical home price is 20.6× the observed annual rent in this ZIP code ($2,803/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 02148?

65,509, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 02148?

Malden Early Learning Center (0.3 mi), Malden High (0.3 mi), Salemwood (0.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 02148?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Boston-Cambridge-Newton, MA-NH forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.