Maple Valley, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Maple Valley Neighborhoods Since 2000




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 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

Maple Valley Housing Market Information

With 25,686 people, 8,423 houses or apartments, and a median cost of homes of $408,236, 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 87.14% of the city's housing units. Other types of housing that are prevalent in Maple Valley include large apartment complexes or high rise apartments ( 4.51%), row houses and other attached homes ( 4.33%), and a few mobile homes or trailers ( 2.78%).

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 83.11% of Maple Valley's homes, and 79.79% 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 ( 42.12%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.47%). There's also some housing in Maple Valley built before 1939 ( 1.80%).

Maple Valley Home Appreciation Rates

Appreciation rates for homes in Maple Valley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.43%, which ranks in the top 50% nationwide. This equates to an annual average Maple Valley house appreciation rate of 0.43%.

Appreciation rates are so strong in Maple Valley that despite a nationwide downturn in the housing market, Maple Valley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Maple Valley appreciation rates continue to be some of the highest in America, at 10.54%, which is higher than appreciation rates in 95.21% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Maple Valley. Maple Valley appreciation rates in the latest quarter were at 2.83%, which equates to an annual appreciation rate of 11.81%.

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 higher 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:
$408,236

Maple Valley, WA HOME PRICES

Value Range
> $1,352,000 0.5
$1,014,001 - $1,352,000 0.4
$676,001 - $1,014,000 4.8
$541,001 - $676,000 11.3
$406,001 - $541,000 30.4
$271,001 - $406,000 38.0
$135,001 - $271,000 11.8
$68,001 - $135,000 0.4
$0 - $68,000 2.4

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
9.11168405015821 17.3758865248227

Number Of Homes And Apartments:
8,423

Maple Valley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
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
71.74% 3.18% 6 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,464 / per month

Homeownership Rate

Homeownership
Owners 83.11
Renters 16.89
Vacant 4.80

Housing Market Details

 

Age of Homes

AGE OF Maple Valley HOMES
2000 or Newer 42.1
1970 - 1999 52.6
1940 - 1969 3.5
1939 or Older 1.8

Types of Homes

TYPE OF Maple Valley HOMES
Single-Family 87.1
Townhomes 4.3
Small Apt. Buildings 1.2
Apt. Complexes 4.5
Mobile Homes 2.8
Other 0.0

Home Size

SIZE OF Maple Valley HOMES
No Bedroom 1.06
1 Bedroom 2.42
2 Bedrooms 8.21
3 Bedrooms 43.80
4 Bedrooms 36.00
5 or more bedrooms 8.52