Maple Valley WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Maple Valley, WA 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Maple Valley Housing Market Information

With a population of 27,202, 8,606 total housing units (homes and apartments), and a median house value of $505,543, Maple Valley house prices are not only among the most expensive in Washington, Maple Valley real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Maple Valley, accounting for 85.57% of the city's housing units. Other types of housing that are prevalent in Maple Valley include row houses and other attached homes ( 5.97%), large apartment complexes or high rise apartments ( 4.32%), and a few mobile homes or trailers ( 2.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Maple Valley. Owner-occupied housing accounts for 83.62% of Maple Valley's homes, and 80.06% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Maple 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 Maple Valley built between 2000 and later ( 40.27%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.59%). There's also some housing in Maple Valley built before 1939 ( 1.65%).

Maple Valley Home Appreciation Rates

In the last 10 years, Maple Valley has experienced some of the highest home appreciation rates of any community in the nation. Maple Valley real estate appreciated 71.26% over the last ten years, which is an average annual home appreciation rate of 5.53%, putting Maple Valley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Maple Valley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Maple Valley's appreciation rate, at 4.66%, has been at or slightly above the national average. In the latest quarter, Maple Valley's appreciation rate has been 2.16%, which annualizes to a rate of 8.91%.

Importantly, this makes Maple Valley 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 Washington, our data show that Maple Valley's latest annual appreciation rate is lower than 60% of the other cities and towns in Washington.

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

Average Home Values

 

Median Home Value:
$505,543

Maple Valley, WA HOME PRICES

Value Range
> $1,309,000 1.3
$982,001 - $1,309,000 1.7
$654,001 - $982,000 14.5
$523,001 - $654,000 24.9
$393,001 - $523,000 33.7
$262,001 - $393,000 18.6
$131,001 - $262,000 3.5
$66,001 - $131,000 0.2
$0 - $66,000 1.7

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
7.70802919708029 16.9611307420495

Number Of Homes And Apartments:
8,606

Maple Valley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
118.05% 3.83%
4
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,714 / per month

Homeownership Rate

Homeownership
Owners 83.62
Renters 16.38
Vacant 3.39

Housing Market Details

 

Age of Homes

AGE OF Maple Valley HOMES
2000 or Newer 40.3
1970 - 1999 54.5
1940 - 1969 3.6
1939 or Older 1.7

Types of Homes

TYPE OF Maple Valley HOMES
Single-Family 85.6
Townhomes 6.0
Small Apt. Buildings 1.2
Apt. Complexes 4.3
Mobile Homes 2.8
Other 0.1

Home Size

SIZE OF Maple Valley HOMES
No Bedroom 0.75
1 Bedroom 1.98
2 Bedrooms 9.83
3 Bedrooms 42.94
4 Bedrooms 37.12
5 or more bedrooms 7.38