Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 27,888 people, 6,388 houses or apartments, and a median cost of homes of $381,053, real estate costs in Maywood are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.
Single-family detached homes are the single most common housing type in Maywood, accounting for 54.90% of the city's housing units. Other types of housing that are prevalent in Maywood include large apartment complexes or high rise apartments ( 16.98%), duplexes, homes converted to apartments or other small apartment buildings ( 14.05%), and a few row houses and other attached homes ( 13.95%).
Maywood is dominated by renter-occupied one, two, or no bedrooms apartments. 74.52% of Maywood's dwellings are rentals.
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. Maywood's housing was primarily built during this period, from the '40s through the '60s. A full 53.71% of the city's housing hails from this era. Other housing ages represented in Maywood include homes built before 1939 ( 25.94%) and housing constructed between 1970-1999 ( 17.14%). There's also some housing in Maywood built between 2000 and later ( 3.20%).
Maywood's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Maywood during the period has been just -1.93%, which is lower than 80% of US communities.
Over the last year, Maywood appreciation rates have trailed the rest of the nation. In the last twelve months, Maywood's appreciation rate has been 2.05%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Maywood were at 1.99%, which equates to an annual appreciation rate of 8.20%.
Importantly, this makes Maywood one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to California, our data show that Maywood's latest annual appreciation rate is lower than 90% of the other cities and towns in California.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Maywood differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Maywood - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Maywood real estate investment or home purchase decisions.
|$977,001 - $1,302,000||0.0|
|$651,001 - $977,000||5.0|
|$521,001 - $651,000||13.7|
|$391,001 - $521,000||31.0|
|$260,001 - $391,000||37.8|
|$130,001 - $260,000||10.9|
|$65,001 - $130,000||0.3|
|$0 - $65,000||0.9|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Maywood HOMES|
|2000 or Newer||3.2|
|1970 - 1999||17.1|
|1940 - 1969||53.7|
|1939 or Older||25.9|
|TYPE OF Maywood HOMES|
|Small Apt. Buildings||14.1|
|SIZE OF Maywood HOMES|
|5 or more bedrooms||0.46|