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 about Scout's Real Estate Data
With 19,215 people, 8,713 houses or apartments, and a median cost of homes of $534,979, Maitland real estate prices are well above average cost compared to national prices.
Large apartment complexes or high rise apartments are the single most common housing type in Maitland, accounting for 52.69% of the city's housing units. Other types of housing that are prevalent in Maitland include single-family detached homes ( 36.54%), row houses and other attached homes ( 6.66%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.01%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
People in Maitland primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Maitland has a mixture of owner-occupied and renter-occupied housing.
Maitland homes and real estate are some of the newest in America. 45.70% of Maitland's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Maitland real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 28.02%), and between 1940-1969 ( 25.32%).
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 121.33% over the last ten years, which is an average annual home appreciation rate of 8.27%, putting Maitland in the top 20% 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 5.12%, 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 1.00%, which equates to an annual appreciation rate of 4.05%.
Relative to Florida, our data show that Maitland's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Maitland differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Maitland - 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 Maitland real estate investment or home purchase decisions.
$534,979
for Florida
for nation
8,713
$3,180 / per month