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 1,716 people, 832 houses or apartments, and a median cost of homes of $441,262, Maggie Valley real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Maggie Valley, accounting for 65.16% of the town's housing units. Other types of housing that are prevalent in Maggie Valley include mobile homes or trailers ( 18.44%), large apartment complexes or high rise apartments ( 8.28%), and a few row houses and other attached homes ( 4.91%).
Dwellings in Maggie Valley tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 54.50% of the homes in Maggie Valley have two or fewer bedrooms.
There is a lot of housing in Maggie Valley 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 Maggie Valley built between 2000 and later ( 42.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.72%). There's also some housing in Maggie Valley built before 1939 ( 2.15%).
A decent proportion of the Maggie Valley housing stock is seasonally occupied. That is, homes and condos in Maggie Valley are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Maggie Valley housing market speaks to its popularity as a vacation location of choice.
In the last 10 years, Maggie Valley has experienced some of the highest home appreciation rates of any community in the nation. Maggie Valley real estate appreciated 133.41% over the last ten years, which is an average annual home appreciation rate of 8.85%, putting Maggie Valley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Maggie Valley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Maggie Valley that despite a nationwide downturn in the housing market, Maggie Valley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Maggie Valley appreciation rates continue to be some of the highest in America, at 8.03%, which is higher than appreciation rates in 86.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Maggie Valley. Maggie Valley appreciation rates in the latest quarter were at 0.27%, which equates to an annual appreciation rate of 1.08%.
Relative to North Carolina, our data show that Maggie Valley's latest annual appreciation rate is higher than 80% of the other cities and towns in North Carolina.
$441,262
for North carolina
for nation
832
$1,996 / per month