Marysville, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Marysville, 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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Marysville Housing Market Information

With a population of 68,864, 23,824 total housing units (homes and apartments), and a median house value of $344,121, Marysville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Marysville, accounting for 74.22% of the city's housing units. Other types of housing that are prevalent in Marysville include large apartment complexes or high rise apartments ( 10.84%), mobile homes or trailers ( 5.93%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.62%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Marysville. Owner-occupied housing accounts for 67.55% of Marysville's homes, and 69.74% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Marysville 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 Marysville built between 2000 and later ( 26.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.91%). There's also some housing in Marysville built before 1939 ( 2.82%).

Marysville Home Appreciation Rates

Appreciation rates for homes in Marysville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 24.89%, which ranks in the top 30% nationwide. This equates to an annual average Marysville house appreciation rate of 2.25%.

NeighborhoodScout's data show that during the latest twelve months, Marysville's appreciation rate, at 4.40%, has been at or slightly above the national average. In the latest quarter, Marysville's appreciation rate has been -0.23%, which annualizes to a rate of -0.93%.

Relative to Washington, our data show that Marysville's latest annual appreciation rate is lower than 70% 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 Marysville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Marysville - 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 Marysville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$344,121

Marysville, WA HOME PRICES

Value Range
> $1,373,000 0.3
$1,029,001 - $1,373,000 0.3
$686,001 - $1,029,000 2.0
$549,001 - $686,000 6.3
$412,001 - $549,000 26.0
$274,001 - $412,000 42.2
$137,001 - $274,000 14.2
$69,001 - $137,000 1.9
$0 - $69,000 6.7

High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
15.0598540145985 38.5159010600707

Number Of Homes And Apartments:
23,824

Marysville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
91.85% 3.44%
3
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,098 / per month

Homeownership Rate

Homeownership
Owners 67.55
Renters 32.45
Vacant 3.89

Housing Market Details

 

Age of Homes

AGE OF Marysville HOMES
2000 or Newer 26.8
1970 - 1999 54.4
1940 - 1969 15.9
1939 or Older 2.8

Types of Homes

TYPE OF Marysville HOMES
Single-Family 74.2
Townhomes 4.2
Small Apt. Buildings 4.6
Apt. Complexes 10.8
Mobile Homes 5.9
Other 0.2

Home Size

SIZE OF Marysville HOMES
No Bedroom 0.78
1 Bedroom 5.16
2 Bedrooms 19.94
3 Bedrooms 48.81
4 Bedrooms 20.93
5 or more bedrooms 4.38