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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 841, 323 total housing units (homes and apartments), and a median house value of $209,296, house prices in Maysville are solidly below the national average.
Single-family detached homes are the single most common housing type in Maysville, accounting for 71.81% of the town's housing units. Other types of housing that are prevalent in Maysville include mobile homes or trailers ( 17.24%), large apartment complexes or high rise apartments ( 6.69%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.64%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Maysville. Owner-occupied housing accounts for 67.53% of Maysville's homes, and 69.57% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Maysville 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 Maysville built between 1940-1969 ( 26.17%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.28%). There's also some housing in Maysville built before 1939 ( 13.59%).
Vacant housing appears to be an issue in Maysville. Fully 34.48% of the housing stock is classified as vacant. Left unchecked, vacant Maysville homes and apartments can be a drag on the real estate market, holding Maysville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Maysville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.44%, which ranks in the top 30% nationwide. This equates to an annual average Maysville house appreciation rate of 7.62%.
Appreciation rates are so strong in Maysville that despite a nationwide downturn in the housing market, Maysville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Maysville appreciation rates continue to be some of the highest in America, at 11.65%, which is higher than appreciation rates in 94.65% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Maysville. Maysville appreciation rates in the latest quarter were at 2.38%, which equates to an annual appreciation rate of 9.85%.
Relative to North Carolina, our data show that Maysville's latest annual appreciation rate is higher than 90% of the other cities and towns in North Carolina.
$209,296
for North carolina
for nation
323
$1,200 / per month