Marysville, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Marysville Neighborhoods Since 2000




Marysville, MI Real Estate Data


Marysville Housing Market Information

With a population of 9,757, 4,208 total housing units (homes and apartments), and a median house value of $121,923, house prices in Marysville are solidly below the national average.

Single-family detached homes are the single most common housing type in Marysville, accounting for 64.81% of the city's housing units. Other types of housing that are prevalent in Marysville include large apartment complexes or high rise apartments ( 13.97%), row houses and other attached homes ( 7.38%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Marysville. Owner-occupied housing accounts for 80.46% of Marysville's homes, and 56.76% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Marysville 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 Marysville built between 1940-1969 ( 25.63%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.16%). There's also some housing in Marysville built before 1939 ( 5.72%).

Marysville Home Appreciation Rates

Marysville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Marysville during the period has been just -1.57%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Marysville's appreciation rate, at 5.58%, has been at or slightly above the national average. In the latest quarter, Marysville's appreciation rate has been 0.86%, which annualizes to a rate of 3.49%.

Relative to Michigan, our data show that Marysville's latest annual appreciation rate is higher than 50% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$121,923

Marysville, MI HOME PRICES

Value Range
> $1,198,000 0.0
$898,001 - $1,198,000 0.0
$598,001 - $898,000 0.0
$479,001 - $598,000 0.0
$359,001 - $479,000 0.8
$240,001 - $359,000 8.1
$120,001 - $240,000 50.9
$60,001 - $120,000 28.5
$0 - $60,000 11.7

Average for MI
Low for Nation

Value Relative to Nation Value Relative to State
64.0864877534279 55.9294871794872

Number Of Homes And Apartments:
4,208

Rent & Ownership

 

Average Market Rent:
$982 / per month

Homeownership Rate

Homeownership
Owners 80.46
Renters 19.54
Vacant 5.63

Housing Market Details

 

Age of Homes

AGE OF Marysville HOMES
2000 or Newer 10.2
1970 - 1999 58.5
1940 - 1969 25.6
1939 or Older 5.7

Types of Homes

TYPE OF Marysville HOMES
Single-Family 64.8
Townhomes 7.4
Small Apt. Buildings 7.0
Apt. Complexes 14.0
Mobile Homes 6.9
Other 0.0

Home Size

SIZE OF Marysville HOMES
No Bedroom 0.83
1 Bedroom 9.19
2 Bedrooms 32.07
3 Bedrooms 45.77
4 Bedrooms 10.99
5 or more bedrooms 1.14

Marysville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
-8.55% -0.52% 2 1
* 10 is highest