Maplewood, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Maplewood Neighborhoods Since 2000




Maplewood, MN Real Estate Data


Maplewood Housing Market Information

With 40,567 people, 15,168 houses or apartments, and a median cost of homes of $228,970, 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 57.46% of the city's housing units. Other types of housing that are prevalent in Maplewood include large apartment complexes or high rise apartments ( 22.33%), row houses and other attached homes ( 12.84%), and a few mobile homes or trailers ( 4.71%).

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 70.04% of Maplewood's homes, and 55.20% 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 ( 32.20%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.63%). There's also some housing in Maplewood built before 1939 ( 5.91%).

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 -1.55%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Maplewood's appreciation rate, at 5.24%, has been at or slightly above the national average. In the latest quarter, Maplewood's appreciation rate has been 2.70%, which annualizes to a rate of 11.26%.

Importantly, this makes Maplewood 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 Minnesota, our data show that Maplewood's latest annual appreciation rate is higher than 50% 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:
$228,970

Maplewood, MN HOME PRICES

Value Range
> $1,196,000 0.2
$897,001 - $1,196,000 0.5
$598,001 - $897,000 1.3
$479,001 - $598,000 1.9
$359,001 - $479,000 8.6
$239,001 - $359,000 32.1
$120,001 - $239,000 42.8
$60,001 - $120,000 4.7
$0 - $60,000 8.0

High for MN
High for Nation

Value Relative to Nation Value Relative to State
26.7435732271476 27.9260780287474

Number Of Homes And Apartments:
15,168

Rent & Ownership

 

Average Market Rent:
$1,213 / per month

Homeownership Rate

Homeownership
Owners 70.04
Renters 29.96
Vacant 3.27

Housing Market Details

 

Age of Homes

AGE OF Maplewood HOMES
2000 or Newer 12.6
1970 - 1999 49.3
1940 - 1969 32.2
1939 or Older 5.9

Types of Homes

TYPE OF Maplewood HOMES
Single-Family 57.5
Townhomes 12.8
Small Apt. Buildings 2.6
Apt. Complexes 22.3
Mobile Homes 4.7
Other 0.0

Home Size

SIZE OF Maplewood HOMES
No Bedroom 1.65
1 Bedroom 11.71
2 Bedrooms 27.28
3 Bedrooms 37.70
4 Bedrooms 17.51
5 or more bedrooms 4.16

Maplewood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
24.41% 1.29% 2 2
* 10 is highest