Market Overview for February, 2026
Median Sale Price
-30.8% YoY
Median Price/Sqft
-9.7% YoY
No. of Transactions
100% YoY
Queens Median Sale Price
5% YoY
What is the median sale price and median price per sq ft in Malba?
The median home sale price in Malba as of February was $1.8M, down 30.8% year-over-year.
A total of 4 assets were sold, representing a 100% growth compared to February last year.
The median price per square foot was $617, a -9.7% YoY change.
In February, the median home sale price in Queens was $640K.
Sales information for last month cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top most expensive neighborhoods in Queens
Malba median price compared with other neighborhoods in Queens
Malba property values are on the higher-end for neighborhoods in Queens .
Malba median price compared with all the neighborhoods in Queens
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| Malba | Queens | $1,800,000 |
| Fresh Meadows | Queens | $1,310,000 |
| Auburndale | Queens | $1,150,000 |
| Hunters Point | Queens | $1,120,261 |
| East Flushing | Queens | $1,070,944 |
| Rockwood Park | Queens | $1,055,000 |
| Ditmars - Steinway | Queens | $1,050,000 |
| Queensboro Hill | Queens | $965,000 |
| Bayside | Queens | $950,000 |
| Little Neck | Queens | $930,000 |
| Whitestone | Queens | $885,368 |
| Old Astoria | Queens | $875,000 |
| LIC | Queens | $852,710 |
| Laurelton | Queens | $820,000 |
| Richmond Hill | Queens | $820,000 |
| Bellerose | Queens | $804,500 |
| Breezy Point | Queens | $800,000 |
| Queens Village | Queens | $798,000 |
| College Point | Queens | $788,000 |
| Hollis | Queens | $762,500 |
| Glendale | Queens | $754,500 |
| Ozone Park | Queens | $751,225 |
| Woodhaven | Queens | $729,888 |
| Cambria Heights | Queens | $729,500 |
| Old Howard Beach | Queens | $729,300 |
| Far Rockaway | Queens | $701,000 |
| Springfield Gardens | Queens | $690,000 |
| Saint Albans | Queens | $669,000 |
| Jamaica | Queens | $660,000 |
| Middle Village | Queens | $660,000 |
| Douglaston | Queens | $641,000 |
| Rochdale | Queens | $635,000 |
| South Astoria | Queens | $627,500 |
| Belle Harbor | Queens | $623,550 |
| South Ozone Park | Queens | $615,000 |
| Jamaica Hills | Queens | $587,500 |
| Downtown Flushing | Queens | $580,000 |
| Maspeth | Queens | $570,000 |
| Sunnyside | Queens | $535,000 |
| Forest Hills | Queens | $475,000 |
| Murray Hill | Queens | $463,290 |
| Astoria Heights / Upper Ditmars | Queens | $459,000 |
| Jamaica Estates | Queens | $441,498 |
| Kew Gardens Hills | Queens | $425,000 |
| Elmhurst | Queens | $421,362 |
| Glen Oaks | Queens | $407,500 |
| Kew Gardens | Queens | $397,000 |
| Bay Terrace | Queens | $386,500 |
| Corona | Queens | $370,000 |
| East Elmhurst | Queens | $355,000 |
| Rego Park | Queens | $349,500 |
| Jackson Heights | Queens | $349,000 |
| Woodside | Queens | $347,500 |
| Oakland Gardens | Queens | $346,000 |
| Briarwood | Queens | $280,000 |
| Lindenwood | Queens | $269,000 |
Residential Properties Sold in Malba
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | - | - | - | - | 0 |
| Coops | - | - | - | - | 0 |
| Houses | $1.8M | -30.8% | $617 | -9.7% | 4 |
The median house sale price in Malba in February was $1.8M, down 30.8% year-over-year. There was no statistically significant data for median condo price and median coop price activity for the period of February in Malba.
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Malba Neighborhood Guide
Actually a subsection of the upper-middle class Whitestone section of Queens, Malba was once described by The New York Times as one of the few "elite enclaves" still left in the borough. Known for its roomy lots, waterside homes and big historic houses, it is an expensive neighborhood to get into but one that is highly appreciated by those who live there. With short commutes and few instances of crime, it's one of the most sought-after neighborhoods in Queens.
Architecture and landmarks
One of the most unique aspects of Malba's architecture is that only detached homes can be built there. As a result, there are two basic categories on the housing market: older single-family homes that were built between the 1920s and 1950s, and newer homes that are much larger. The most common styles for the older homes are high ranches and colonials, while you're most likely to find new houses designed in Mediterranean styles. Most of the residential housing market in Malba consists of large homes. Landmarks in the area mostly consist of churches, some of which were built in the mid-19th century: St. Luke's Roman Church, Whitestone Hebrew Centre, Russian Orthodox Church of St. Nicolas, and the Grace Episcopal Church.
Transport
It takes just half an hour to get to Midtown Manhattan from Malba on the QM2 express bus. For those that drive, it's just five minutes to the Bronx and ten minutes to Nassau County. Though the public transportation options are limited in Malba itself, there are numerous public transportation options within walking distance in Whitestone.
Schools
Most children in the Malba neighborhood attend private schools. There are several programs at the Holy Trinity Roman Catholic Elementary School in nearby Whitestone, including options for prekindergarten through 8th grade as well as for two and three year olds. The closest high school is St. Francis Preparatory School, which is located in Fresh Meadows and has some of the highest SAT averages of any school in the city. Malba is zoned for Public School 79.
Health
The hospital closest to Malba is the New York Presbyterian Queens Hospital, located in Flushing. For non-emergency services, many residents visit the North Shore LIJ Medical Center in Murray Hill, which has some of the highest ratings of any medical facility in the city.
Safety
The 109th Precinct of the New York City Police Department has jurisdiction over Malba. There were 8.2 crimes per 1,000 residents in the neighborhood in 2016. These stats make it one of the top five safest neighborhoods in New York City.
Things to do
Malba earns its stripes as a unique community by offering small-town inspired activities throughout the year, including a yearly beachfront luau - complete with roasted pig - and a yearly hot dog party / vintage car show in the Malba Field and Marine Club. For those who want to take a break from it all, the popular Spa Castle offers more than 100,000 square feet of Korean spa treatments. Because of the residential nature of this neighborhood, it's not a top choice for shopping, eating, or recreation. However, it's just a few blocks away from the College Point Shopping Center, which is home to the chain stores you'd expect at a mall. There are also many hip eateries in the Whitestone neighborhood.
Many visitors are surprised by the lack of beaches and the few public spaces along the waterfront. However, it's a short trip to either Powell's Cove Park or Whitestone, both of which offer public access to the water. Of course, Manhattan is also just a 30-minute bus ride away, which makes Malba a great starting point for those who want to take in everything the city has to offer.
Until the mid-1980s, the streets in Malba were privately owned. Today they're owned by the city, but the unevenness in upkeep is due to the fact that different streets once had different owners.