ZIP Code Market Report
59538 — Malta, MT
Data through February 2026 · Updated monthly
Avg Home Value
$250,546
▲ 3.1% year-over-year
Month-over-Month
+2.9%
▲ 2.9%
Single Family
$244,507
Condo / Co-op
--
The average home value in the 59538 ZIP code (Malta, MONTANA) is $250,546 as of February 2026. Home prices are rising, up 3.1% compared to last year.
A 3-bedroom home in 59538 is valued at $252,867. 1-bedroom units start around $105,707.
The market in 59538 has a $254,883 spread between bottom-tier homes at $131,897 and top-tier homes at $386,779. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Phillips County market area in MONTANA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Phillips County report.
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Market Snapshot
59538 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $245,488 | $243,504 | $250,546 | ▲ 2.1% |
| Single Family Value | $240,355 | $241,432 | $244,507 | ▲ 1.7% |
Home Values
59538 Home Value Trend
Historical home values for ZIP code 59538. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 59538
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $105,707 |
| 2 Bedrooms | $171,077 |
| 3 Bedrooms | $252,867 |
| 4 Bedrooms | $302,379 |
Property Types
Home Values by Property Type in 59538
How different property types compare in this ZIP code.
All Homes
$250,546
Single Family
$244,507
Bottom Tier
$131,897
Top Tier
$386,779
Data Sources and Methodology
Home value data for ZIP code 59538 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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