What is the median home value in Malmo Township, MN?

Name: Home values in Malmo Township, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Malmo Township, MN is $312,800 (±$32,981), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Malmo Township, the median home value went from $229,200 in 2015–2019 to $312,800 in 2020–2024 (+36.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median home value: $312,800 (±$32,981)
Owner-occupied homes: 148 (±28)
Most common range: $300,000 to $499,999

Home values in Malmo Township

Owner-occupied homes by value, 2020–2024
Value	Malmo Township	Aitkin County	Minnesota	United States
Less than $50,000	14.2% (±6.8 points)	5.2%	4.0%	5.3%
$50,000 to $99,999	2.0% (±2.5 points)	7.6%	3.7%	6.1%
$100,000 to $149,999	3.4% (±6.4 points)	10.4%	5.2%	6.8%
$150,000 to $199,999	6.1% (±4.5 points)	13.5%	8.1%	9.0%
$200,000 to $299,999	20.3% (±7.6 points)	22.7%	22.6%	17.8%
$300,000 to $499,999	43.9% (±12.8 points)	28.1%	36.9%	26.9%
$500,000 to $999,999	8.1% (±5.5 points)	11.6%	17.0%	20.9%
$1,000,000 or more	2.0% (±2.4 points)	0.9%	2.6%	7.1%

The most common range is $300,000 to $499,999, 43.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Malmo Township against Aitkin County, its state and the nation

Estimate (90% margin of error)
	Malmo Township	Aitkin County	Minnesota	United States
Median home value	$312,800 (±$32,981)	$255,800 (±$8,382)	$329,300 (±$903)	$332,700
Owner-occupied homes	148 (±28)	6,160 (±164)	1,666,687 (±7,556)	84,210,142

In Malmo Township, the median home value is higher than in Aitkin County ($255,800).

It is not measurably different from Minnesota ($329,300).

It is not measurably different from the national figure ($332,700).

In Aitkin County, Malmo Township ranks 10 of 44 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 764 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Malmo Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$229,200 (±$34,057)	$312,800 (±$32,981)	+36.5%	No measurable change after inflation
Median owner cost with a mortgage	$1,350 (±$147)	$1,513 (±$161)	+12.1%	No measurable change after inflation
Median real estate taxes	$1,029 (±$353)	$1,382 (±$187)	+34.3%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Malmo Township

Nearest places with a published estimate, compared with Malmo Township
Place	Distance	Median home value	Compared with this place
Malmo Township	—	$312,800 (±$32,981)	—
Wealthwood Township	4.8 mi	$292,500 (±$39,685)	Not measurably different
Glen Township	6.1 mi	$332,700 (±$43,688)	Not measurably different
Lakeside Township (Aitkin County)	6.5 mi	$363,200 (±$78,096)	Not measurably different
Nordland Township (Aitkin County)	9.1 mi	$302,800 (±$45,422)	Not measurably different
Lee Township (Aitkin County)	9.7 mi	$236,100 (±$28,145)	Lower
East Side Township	12 mi	$242,900 (±$26,606)	Lower
Hazelton Township (Aitkin County)	13 mi	$359,100 (±$30,913)	Higher
Kimberly Township	13 mi	$232,100 (±$34,501)	Lower

Nearby places with a measurably lower figure: Lee Township (Aitkin County), MN ($236,100), East Side Township, MN ($242,900), Kimberly Township, MN ($232,100).

Nearby places with a measurably higher figure: Hazelton Township (Aitkin County), MN ($359,100).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Aitkin County, place by place

Rank	Place	Median home value
4	Libby Township	$358,300 (±$106,563)
5	Workman Township	$350,000 (±$30,702)
6	Farm Island Township	$347,000 (±$22,656)
7	Glen Township	$332,700 (±$43,688)
8	Shamrock Township	$319,000 (±$27,598)
9	Beaver Township (Aitkin County)	$317,900 (±$52,215)
10	Malmo Township	$312,800 (±$32,981)
11	Wagner Township	$306,700 (±$28,485)
12	Aitkin Township	$305,800 (±$37,061)
13	Nordland Township (Aitkin County)	$302,800 (±$45,422)
14	Verdon Township	$300,000 (±$96,899)
15	Turner Township	$295,800 (±$57,352)
16	Wealthwood Township	$292,500 (±$39,685)

Showing 13 of 44 places in Aitkin County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Malmo Township

What is the average home value in Malmo Township, MN?

The Census Bureau publishes the median: $312,800 (±$32,981) for owner-occupied homes in Malmo Township (2020–2024 American Community Survey).

Have home values in Malmo Township gone up?

In Malmo Township, the median home value went from $229,200 in 2015–2019 to $312,800 in 2020–2024 (+36.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Malmo Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Malmo township, Aitkin County, Minnesota (county subdivision:39590, in state:27 county:001).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.