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 Q2 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

Marysville Housing Market Information

With a population of 69,779, 24,483 total housing units (homes and apartments), and a median house value of $383,897, real estate costs in Marysville are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Washington communities.

Single-family detached homes are the single most common housing type in Marysville, accounting for 73.65% of the city's housing units. Other types of housing that are prevalent in Marysville include large apartment complexes or high rise apartments ( 11.69%), duplexes, homes converted to apartments or other small apartment buildings ( 5.18%), and a few mobile homes or trailers ( 5.17%).

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 66.56% of Marysville's homes, and 70.02% 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 ( 27.49%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.20%). There's also some housing in Marysville built before 1939 ( 2.65%).

Marysville Home Appreciation Rates

In the last 10 years, Marysville has experienced some of the highest home appreciation rates of any community in the nation. Marysville real estate appreciated 63.59% over the last ten years, which is an average annual home appreciation rate of 5.05%, putting Marysville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Marysville 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, Marysville's appreciation rate, at 4.82%, has been at or slightly above the national average. In the latest quarter, Marysville's appreciation rate has been 1.35%, which annualizes to a rate of 5.51%.

Relative to Washington, our data show that Marysville'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 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:
$383,897

Marysville, WA HOME PRICES

Value Range
> $1,345,000 0.6
$1,009,001 - $1,345,000 0.6
$672,001 - $1,009,000 4.5
$538,001 - $672,000 9.0
$403,001 - $538,000 31.5
$269,001 - $403,000 36.6
$134,001 - $269,000 10.8
$67,001 - $134,000 1.6
$0 - $67,000 4.9

High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
13.4189781021898 34.6289752650177

Number Of Homes And Apartments:
24,483

Marysville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
109.50% 3.67%
3
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,579 / per month

Homeownership Rate

Homeownership
Owners 66.56
Renters 33.44
Vacant 3.32

Housing Market Details

 

Age of Homes

AGE OF Marysville HOMES
2000 or Newer 27.5
1970 - 1999 53.7
1940 - 1969 16.2
1939 or Older 2.7

Types of Homes

TYPE OF Marysville HOMES
Single-Family 73.7
Townhomes 4.1
Small Apt. Buildings 5.2
Apt. Complexes 11.7
Mobile Homes 5.2
Other 0.2

Home Size

SIZE OF Marysville HOMES
No Bedroom 0.98
1 Bedroom 5.18
2 Bedrooms 19.58
3 Bedrooms 48.72
4 Bedrooms 21.30
5 or more bedrooms 4.23