Home Insurance in Malden, Washington

The median home value in Malden is $49,500, 86% lower than the Whitman County median.

The median home in Malden was built in 1939 or earlier. About 62% of homes were built before 1960, about 35 points above Whitman County's 27%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

The housing stock in Malden is 83% single-family homes. The rest are 2-4 unit or other housing types.

26% of owner-occupied homes in Malden carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

Malden has an owner-occupancy rate of 100% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.

Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 38% of homes in Malden are primarily heated with electricity.

FEMA rates Whitman County's overall risk as Very Low, led by wildfire (Relatively Low). Whitman County had 67 active NFIP flood policies as of September 2026. See the full Whitman County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Washington, the statewide average premium for a standard HO-3 homeowners policy is $1,232 per year (NAIC, 2023 data).

Key figures

Median home value$49,500
Median year built1939 or earlier
Owner-occupied share100%
Share of owner-occupied homes with a mortgage26%
Top county hazardWildfire (Relatively Low)
Active NFIP policies in Whitman County67
Home insurance premium$1,232 - statewide average (NAIC, 2023 data)
Key home insurance figures for Malden, WA

Nearby towns

Sources

Data last updated: 2026-09-29