Maysville, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Maysville Neighborhoods Since 2000




Maysville, KY Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Maysville Housing Market Information

With 8,819 people, 3,718 houses or apartments, and a median cost of homes of $125,472, house prices in Maysville are solidly below the national average.

Single-family detached homes are the single most common housing type in Maysville, accounting for 66.85% of the city's housing units. Other types of housing that are prevalent in Maysville include large apartment complexes or high rise apartments ( 13.70%), duplexes, homes converted to apartments or other small apartment buildings ( 13.02%), and a few row houses and other attached homes ( 4.32%).

The most prevalent building size and type in Maysville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.67% owning and 46.33% renting.

There is a lot of housing in Maysville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Maysville built between 1940-1969 ( 31.04%). A lesser amount of the housing stock also hails from before 1939 ( 23.04%). There's also some housing in Maysville built between 2000 and later ( 10.86%).

Vacant housing appears to be an issue in Maysville. Fully 17.56% of the housing stock is classified as vacant. Left unchecked, vacant Maysville homes and apartments can be a drag on the real estate market, holding Maysville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Maysville Home Appreciation Rates

Real estate appreciation rates in Maysville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.03% during the period.

NeighborhoodScout's data show that during the latest twelve months, Maysville's appreciation rate, at 4.92%, has been at or slightly above the national average. In the latest quarter, Maysville's appreciation rate has been 0.56%, which annualizes to a rate of 2.24%.

Relative to Kentucky, our data show that Maysville's latest annual appreciation rate is higher than 70% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$125,472

Maysville, KY HOME PRICES

Value Range
> $1,067,000 1.1
$801,001 - $1,067,000 0.0
$534,001 - $801,000 1.1
$427,001 - $534,000 0.9
$320,001 - $427,000 2.7
$213,001 - $320,000 10.3
$107,001 - $213,000 28.3
$53,001 - $107,000 34.5
$0 - $53,000 21.0

High for KY
Low for Nation

Value Relative to Nation Value Relative to State
62.3022383686863 35.5889724310777

Number Of Homes And Apartments:
3,718

Maysville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KY*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
12.00% 0.66% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$716 / per month

Homeownership Rate

Homeownership
Owners 53.67
Renters 46.33
Vacant 17.56

Housing Market Details

 

Age of Homes

AGE OF Maysville HOMES
2000 or Newer 10.9
1970 - 1999 35.1
1940 - 1969 31.0
1939 or Older 23.0

Types of Homes

TYPE OF Maysville HOMES
Single-Family 66.9
Townhomes 4.3
Small Apt. Buildings 13.0
Apt. Complexes 13.7
Mobile Homes 2.1
Other 0.0

Home Size

SIZE OF Maysville HOMES
No Bedroom 2.68
1 Bedroom 14.21
2 Bedrooms 26.56
3 Bedrooms 41.46
4 Bedrooms 12.48
5 or more bedrooms 2.59