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 20,010 people, 8,680 houses or apartments, and a median cost of homes of $310,723, Maple Shade real estate values are some of the lowest in New Jersey, although compared to real estate around the nation, Maple Shade homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Maple Shade, accounting for 41.60% of the township's housing units. Other types of housing that are prevalent in Maple Shade include large apartment complexes or high rise apartments ( 38.12%), duplexes, homes converted to apartments or other small apartment buildings ( 14.67%), and a few row houses and other attached homes ( 5.54%).
People in Maple Shade primarily live in small (one, two or no bedroom) single-family detached homes. Maple Shade has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Maple Shade 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 Shade built between 1940-1969 ( 39.75%). A lesser amount of the housing stock also hails from before 1939 ( 9.76%). There's also some housing in Maple Shade built between 2000 and later ( 6.11%).
Real estate appreciation rates in Maple Shade's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.39% during the period.
Appreciation rates are so strong in Maple Shade that despite a nationwide downturn in the housing market, Maple Shade real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Maple Shade appreciation rates continue to be some of the highest in America, at 9.89%, which is higher than appreciation rates in 86.85% 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 Shade. Maple Shade appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.90%.
Relative to New Jersey, our data show that Maple Shade's latest annual appreciation rate is lower than 60% of the other cities and towns in New Jersey.
One very important thing to keep in mind is that these are average appreciation rates for the township. Individual neighborhoods within Maple Shade differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Maple Shade - 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 Shade real estate investment or home purchase decisions.
$310,723
for New jersey
for nation
8,680
$2,496 / per month