Malone, Texas.
Typical home $199,330 (+3.3% in a year).
to buy the typical home at today's mortgage rate — +$349 (+50%) since Feb 2022.
- 1 year
- Up $6,332 +3%
- $192,998$199,330 since Sep 2025
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Malone$1,046
- Texas$1,556
- United States$1,922
Typical home values in Malone, TX rose 3.3% over the past year — faster than the nation's +1.2%.
Living in Malone, Hill County, Texas
Malone is a town of 237 people in Hill County. Unemployment in Hill County was 4.3% in August 2026, and the county had 2.7% more jobs in 2025 than the year before. The most people in Hill County work in schools and health care, then construction.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Malone is a very small Hill County town, with few people living in it. Homes here are valued below what is typical for the country, and few adults hold a four-year degree. Winters are mild, with little or no snow, and summers are hot, with August the warmest month and January the coolest. Rain falls through the year.
Work. Residents work mostly in schools, hospitals and social care, in the building trades, in shops and in manufacturing. Across Hill County, large employers include Hill College, Hillsboro ISD and Walmart. Commutes are long, and very few people work from home. The county's unemployment is no different from a year ago, and it has added jobs over the past year.
Things to do. Navarro Mills Lake, a reservoir, is a short drive away. Farther afield, Lake Whitney is another reservoir, and Waco Mammoth National Monument is a protected area, both a longer drive away. Cameron Park Zoo is also a longer drive away.
Report a mistake
- 5%of adults have a degree
- 44 mintypical commute
- 3%work from home
What people in Hill County work in
Employed residents by industry, from the Census survey. Hill County had 11,848 jobs in 2025, 2.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 57° and lows near 35°; warmest in August, with highs near 96° and lows near 73°. About 41 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Navarro Mills Dam weather station, 12 miles away (NOAA).
Largest workplaces in Hill County
- Bobcat ContractingCompressor, metering and pumping station, gas and oil pipeline, construction590
- Hill CollegeTwo-year college410
- Hillsboro ISDSchool district294FTE
- WalmartWarehouse clubs and supercenters289
- DynaEnergetics US Inc. -Blum, TX Main CampusGas well machinery and equipment manufacturing265
- Whitney ISDSchool district264FTE
- WellsConcrete products, precast, manufacturing206
- Clayton Supply Of TxGeneral warehousing and storage200
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 39 workplaces with 20 or more staff, 3,831 people in all across the county; Malone has one of its own. Colleges come from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- TornadoesVery high
- LightningRelatively high
- DroughtRelatively moderate
- Ice stormsRelatively moderate
- WildfireRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Malone’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hill County.
Malone home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Malone$199,330
- Texas$296,424
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Malone5
Zip codes with a Malone address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Malone — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.