Maryville, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Maryville Neighborhoods Since 2000




Maryville, TN 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

Maryville Housing Market Information

With 28,464 people, 10,384 houses or apartments, and a median cost of homes of $185,628, Maryville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Maryville, accounting for 69.82% of the city's housing units. Other types of housing that are prevalent in Maryville include large apartment complexes or high rise apartments ( 12.96%), duplexes, homes converted to apartments or other small apartment buildings ( 8.25%), and a few row houses and other attached homes ( 7.35%).

The most prevalent building size and type in Maryville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.47% owning and 38.53% renting.

There is a lot of housing in Maryville 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 Maryville built between 1940-1969 ( 25.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.65%). There's also some housing in Maryville built before 1939 ( 10.07%).

Maryville Home Appreciation Rates

Appreciation rates for homes in Maryville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.95%, which ranks in the top 50% nationwide. This equates to an annual average Maryville house appreciation rate of 0.09%.

NeighborhoodScout's data show that during the latest twelve months, Maryville's appreciation rate, at 5.04%, has been at or slightly above the national average. In the latest quarter, Maryville's appreciation rate has been 0.56%, which annualizes to a rate of 2.26%.

Relative to Tennessee, our data show that Maryville's latest annual appreciation rate is higher than 60% of the other cities and towns in Tennessee.

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

Average Home Values

 

Median Home Value:
$185,628

Maryville, TN HOME PRICES

Value Range
> $1,086,000 0.3
$815,001 - $1,086,000 0.3
$543,001 - $815,000 2.1
$434,001 - $543,000 2.3
$326,001 - $434,000 5.9
$217,001 - $326,000 19.6
$108,001 - $217,000 50.6
$54,001 - $108,000 13.5
$0 - $54,000 5.3

Very High for TN
High for Nation

Value Relative to Nation Value Relative to State
36.1713348177663 15.3061224489796

Number Of Homes And Apartments:
10,384

Maryville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TN*
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
39.20% 1.94% 6 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,051 / per month

Homeownership Rate

Homeownership
Owners 61.47
Renters 38.53
Vacant 9.08

Housing Market Details

 

Age of Homes

AGE OF Maryville HOMES
2000 or Newer 20.7
1970 - 1999 43.8
1940 - 1969 25.5
1939 or Older 10.1

Types of Homes

TYPE OF Maryville HOMES
Single-Family 69.8
Townhomes 7.3
Small Apt. Buildings 8.2
Apt. Complexes 13.0
Mobile Homes 1.6
Other 0.0

Home Size

SIZE OF Maryville HOMES
No Bedroom 0.56
1 Bedroom 8.38
2 Bedrooms 25.13
3 Bedrooms 46.46
4 Bedrooms 16.58
5 or more bedrooms 2.89