Housing · Malone

Malone, NY housing market

Builders were permitted 33 new homes in 2025.

Home values, sales, trends and how Malone compares with the towns next door — updated as new data is published.

New construction

33 new homes permitted in 2025

Builders were permitted 33 new homes in Malone in 2025, all single-family houses, worth about $10.7 million to build. That's 2.8 per 1,000 residents, faster than across New York (1.8). Over the past 10 years, Malone has permitted 181 homes in all.

New homes, 2025
33
▼ 6% vs 2024
2026 so far
18
Jan–Aug · ▼ 14% vs last year
Per 1,000 residents
2.8
New York: 1.8
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
010203040 2000: 17 homes 2000 2001: 23 homes 2002: 15 homes (13 single-family, 2 in buildings with 2+ homes) 2003: 18 homes 2004: 18 homes 2005: 30 homes 2005 2006: 25 homes 2007: 25 homes 2008: 16 homes 2009: 12 homes 2010: 12 homes 2010 2011: 9 homes 2012: 7 homes 2013: 0 homes 2014: 0 homes 2015: 0 homes 2015 2016: 5 homes 2017: 13 homes 2018: 19 homes 2019: 13 homes 2020: 15 homes 2020 2021: 15 homes 2022: 18 homes 2023: 15 homes 2024: 35 homes 2025: 33 homes 2025 2026 so far: 18 homes

Homes vs. people, 2010–2020

Residents−2,112
New homes+78

Between the 2010 and 2020 censuses, Malone's population fell by 2,112 even though 78 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across New York: 2.2 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)18180$5.8 million
202533330$10.7 million
202435350$11.4 million
202315150$4 million
202218180$4 million
202115150$1.4 million
202015150$1.4 million
201913130$1.1 million
201819190$1.9 million
201713130$1 million
2016550$399,000
2015000—
2014000—
2013000—
2012770$945,000
2011990$1.1 million
201012120$1.5 million
200912120$1.5 million
200816160$2 million
200725250$2.1 million
200625250$2.2 million
200530300$2.6 million
200418180$1.5 million
200318180$2 million
200215132$1.4 million
200123230$1.2 million
200017170$1.4 million

Malone's permit office reported 4 of 12 months in 2025; the Census estimated the rest.

How Malone ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Nearby

Malone and its neighbors

The towns that share a border. Tap one to see its housing page.
Town1-yr change2-bed rentNew homes 2025Median income
Malone — $1,070 33 $67,969
Bellmont — $1,120 10 $70,250
Bangor — $980 9 $65,000
Brandon — $980 1 $65,962
Constable — $1,040 14 $62,169
Burke — $1,080 0 $63,750
Duane — $1,070 3 $84,000
Affordability

2 years of income

The typical Malone home costs about 2 years of the town's median household income, less than across New York (6.1 years).

How Malone ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
64.2%
New York: 54.3%
Median tax bill
$2,848
New York: $6,582
Median rent
$852
New York: $1,621
Typical home built
1949
New York: 1959

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,070

HUD's Fair Market Rent for a two-bedroom in Malone is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Malone pay a median of $852, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.

1 bedroom
$880
a month, with utilities
2 bedrooms
$1,070
a month, with utilities
3 bedrooms
$1,330
a month, with utilities
Share of income
19%
2 bedrooms ÷ median income

Studio $740 · 4 bedrooms $1,530

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (12953; Franklin County, NY), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Malone

New York · NY · Franklin County
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01