Maysville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Maysville, NC 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 1,004 people, 398 houses or apartments, and a median cost of homes of $118,292, 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 64.91% of the town's housing units. Other types of housing that are prevalent in Maysville include mobile homes or trailers ( 25.35%), large apartment complexes or high rise apartments ( 5.68%), and a few row houses and other attached homes ( 2.23%).

The most prevalent building size and type in Maysville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 63.61% owning and 36.39% 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 ( 35.29%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.86%). There's also some housing in Maysville built before 1939 ( 7.10%).

Vacant housing appears to be an issue in Maysville. Fully 19.27% 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

Maysville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Maysville during the period has been just -0.85%, which is lower than 70% of US communities.

Over the last year, Maysville appreciation rates have trailed the rest of the nation. In the last twelve months, Maysville's appreciation rate has been 2.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Maysville were at -0.53%, which equates to an annual appreciation rate of -2.09%.

Notably, Maysville's appreciation rate in the latest quarter is one of the lowest in America.

Relative to North Carolina, our data show that Maysville's latest annual appreciation rate is lower than 50% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$118,292

Maysville, NC HOME PRICES

Value Range
> $1,027,000 1.9
$770,001 - $1,027,000 0.0
$514,001 - $770,000 2.2
$411,001 - $514,000 0.3
$308,001 - $411,000 3.8
$206,001 - $308,000 8.9
$103,001 - $206,000 42.8
$51,001 - $103,000 26.1
$0 - $51,000 14.1

Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
66.4830657447556 64.2468239564428

Number Of Homes And Apartments:
398

Maysville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
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
42.90% 2.09% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$826 / per month

Homeownership Rate

Homeownership
Owners 63.61
Renters 36.39
Vacant 19.27

Housing Market Details

 

Age of Homes

AGE OF Maysville HOMES
2000 or Newer 18.9
1970 - 1999 38.7
1940 - 1969 35.3
1939 or Older 7.1

Types of Homes

TYPE OF Maysville HOMES
Single-Family 64.9
Townhomes 2.2
Small Apt. Buildings 1.8
Apt. Complexes 5.7
Mobile Homes 25.4
Other 0.0

Home Size

SIZE OF Maysville HOMES
No Bedroom 0.41
1 Bedroom 6.69
2 Bedrooms 23.94
3 Bedrooms 50.51
4 Bedrooms 18.46
5 or more bedrooms 0.00

Popular Neighborhoods in Maysville

Zip Codes in Maysville, NC