Marysville, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Marysville Neighborhoods Since 2000




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 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

Marysville Housing Market Information

With 66,773 people, 22,653 houses or apartments, and a median cost of homes of $325,365, 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 74.41% of the city's housing units. Other types of housing that are prevalent in Marysville include large apartment complexes or high rise apartments ( 9.92%), mobile homes or trailers ( 6.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.98%).

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 66.32% of Marysville's homes, and 69.63% 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 ( 26.02%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.75%). There's also some housing in Marysville built before 1939 ( 2.43%).

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 2.70%, which ranks in the top 50% nationwide. This equates to an annual average Marysville house appreciation rate of 0.27%.

Appreciation rates are so strong in Marysville that despite a nationwide downturn in the housing market, Marysville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Marysville appreciation rates continue to be some of the highest in America, at 13.12%, which is higher than appreciation rates in 98.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Marysville. Marysville appreciation rates in the latest quarter were at 5.61%, which equates to an annual appreciation rate of 24.42%.

Importantly, NeighborhoodScout’s exclusive research found that Marysville's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to Washington, our data show that Marysville's latest annual appreciation rate is higher 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:
$325,365

Marysville, WA HOME PRICES

Value Range
> $1,461,000 0.4
$1,096,001 - $1,461,000 0.4
$730,001 - $1,096,000 2.1
$584,001 - $730,000 3.1
$438,001 - $584,000 13.3
$292,001 - $438,000 45.5
$146,001 - $292,000 26.9
$73,001 - $146,000 1.8
$0 - $73,000 6.5

High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
14.8662099654547 36.1702127659575

Number Of Homes And Apartments:
22,653

Marysville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
72.76% 3.17% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,187 / per month

Homeownership Rate

Homeownership
Owners 66.32
Renters 33.68
Vacant 4.42

Housing Market Details

 

Age of Homes

AGE OF Marysville HOMES
2000 or Newer 26.0
1970 - 1999 54.8
1940 - 1969 16.7
1939 or Older 2.4

Types of Homes

TYPE OF Marysville HOMES
Single-Family 74.4
Townhomes 4.6
Small Apt. Buildings 5.0
Apt. Complexes 9.9
Mobile Homes 6.0
Other 0.1

Home Size

SIZE OF Marysville HOMES
No Bedroom 0.80
1 Bedroom 4.95
2 Bedrooms 20.72
3 Bedrooms 48.83
4 Bedrooms 20.80
5 or more bedrooms 3.90