Maitland appreciation rates and housing market information

Maitland housing market information

With 11,934 people, 5,089 houses or apartments, and a median cost of homes of $371,153, Maitland house prices are not only among the most expensive in Florida, Maitland real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Maitland, accounting for 60.48% of the city's housing units. Other types of housing that are prevalent in Maitland include large apartment complexes or high rise apartments (28.10%), row houses and other attached homes (6.13%), and a few duplexes, homes converted to apartments, or other small apartment buildings (5.29%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Maitland. Owner-occupied housing accounts for 68.21% of Maitland's homes, and 58.75% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Maitland's housing was primarily built during this period, from the '40s through the '60s. A full 40.50% of the city's housing hails from this era. Other housing ages represented in Maitland include homes built between 1970-1994 (39.42%), and housing constructed from 1995 and later (18.33%). There's also some housing in Maitland built between 1939 and earlier (1.75%).

Maitland home appreciation rates

In the last 10 years, Maitland has experienced some of the highest home appreciation rates of any community in the nation. Maitland real estate appreciated 109.20% over the last ten years, which is an average annual home appreciation rate of 10.92%, putting Maitland in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Maitland definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Maitland appreciation rates have trailed the rest of the nation. In the last twelve months, Maitland's appreciation rate has been -13.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Maitland were at 0.27%, which equates to an annual appreciation rate of 1.08%.

Relative to Florida, our data show that Maitland's latest annual appreciation rate is higher than 46% of the other cities and towns in Florida.