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 23,136 people, 10,144 houses or apartments, and a median cost of homes of $117,724, house prices in Maple Heights are some of the most affordable in Ohio as well as the nation.
Single-family detached homes are the single most common housing type in Maple Heights, accounting for 84.61% of the city's housing units. Other types of housing that are prevalent in Maple Heights include large apartment complexes or high rise apartments ( 11.64%), duplexes, homes converted to apartments or other small apartment buildings ( 1.86%), and a few row houses and other attached homes ( 1.44%).
The most prevalent building size and type in Maple Heights are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.47% owning and 37.53% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Maple Heights's housing was primarily built during this period, from the '40s through the '60s. A full 75.22% of the city's housing hails from this era. Other housing ages represented in Maple Heights include homes built between 1970-1999 ( 13.17%) and housing constructed before 1939 ( 11.09%).
Real estate appreciation rates in Maple Heights's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.09% during the period.
NeighborhoodScout's data show that during the latest twelve months, Maple Heights's appreciation rate, at 5.03%, has been at or slightly above the national average. In the latest quarter, Maple Heights's appreciation rate has been -0.78%, which annualizes to a rate of -3.07%.
Notably, Maple Heights's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Ohio, our data show that Maple Heights's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Maple Heights differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Maple Heights - 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 Maple Heights real estate investment or home purchase decisions.
$117,724
for Ohio
for nation
10,144
$1,749 / per month