Maplewood, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Maplewood Neighborhoods Since 2000




Maplewood, MN 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

Maplewood Housing Market Information

With 40,567 people, 15,137 houses or apartments, and a median cost of homes of $232,457, Maplewood real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Maplewood, accounting for 58.07% of the city's housing units. Other types of housing that are prevalent in Maplewood include large apartment complexes or high rise apartments ( 20.66%), row houses and other attached homes ( 13.53%), and a few mobile homes or trailers ( 5.19%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Maplewood. Owner-occupied housing accounts for 70.98% of Maplewood's homes, and 56.09% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Maplewood 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 Maplewood built between 1940-1969 ( 31.53%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.36%). There's also some housing in Maplewood built before 1939 ( 6.07%).

Maplewood Home Appreciation Rates

Maplewood's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Maplewood during the period has been just -1.41%, which is lower than 80% of US communities.

Appreciation rates are so strong in Maplewood that despite a nationwide downturn in the housing market, Maplewood real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Maplewood appreciation rates continue to be some of the highest in America, at 7.13%, which is higher than appreciation rates in 82.07% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Maplewood. Maplewood appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.89%.

Relative to Minnesota, our data show that Maplewood's latest annual appreciation rate is higher than 80% of the other cities and towns in Minnesota.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Maplewood differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Maplewood - 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 Maplewood real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$232,457

Maplewood, MN HOME PRICES

Value Range
> $1,193,000 0.4
$895,001 - $1,193,000 0.4
$597,001 - $895,000 1.2
$477,001 - $597,000 2.0
$358,001 - $477,000 9.0
$239,001 - $358,000 30.1
$119,001 - $239,000 44.2
$60,001 - $119,000 4.9
$0 - $60,000 7.9

High for MN
High for Nation

Value Relative to Nation Value Relative to State
25.407242470409 25.0513347022587

Number Of Homes And Apartments:
15,137

Maplewood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
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
25.94% 1.35% 2 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,141 / per month

Homeownership Rate

Homeownership
Owners 70.98
Renters 29.02
Vacant 3.36

Housing Market Details

 

Age of Homes

AGE OF Maplewood HOMES
2000 or Newer 14.4
1970 - 1999 48.0
1940 - 1969 31.5
1939 or Older 6.1

Types of Homes

TYPE OF Maplewood HOMES
Single-Family 58.1
Townhomes 13.5
Small Apt. Buildings 2.6
Apt. Complexes 20.7
Mobile Homes 5.2
Other 0.0

Home Size

SIZE OF Maplewood HOMES
No Bedroom 1.74
1 Bedroom 10.67
2 Bedrooms 27.10
3 Bedrooms 37.97
4 Bedrooms 18.12
5 or more bedrooms 4.41