Maple Valley, WA Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Maple Valley, WA Housing Market Trends

With a population of 27,202, 8,666 total housing units (homes and apartments), and a median house value of $552,183, Maple Valley house prices are not only among the most expensive in Washington, Maple Valley real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Maple Valley, accounting for 86.77% of the city's housing units. Other types of housing that are prevalent in Maple Valley include row houses and other attached homes ( 6.31%), large apartment complexes or high rise apartments ( 3.38%), and a few mobile homes or trailers ( 2.40%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Maple Valley. Owner-occupied housing accounts for 84.53% of Maple Valley's homes, and 80.84% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Maple Valley 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 Valley built between 2000 and later ( 42.38%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.08%). There's also some housing in Maple Valley built before 1939 ( 1.49%).

Maple Valley Home Appreciation Rates

In the last 10 years, Maple Valley has experienced some of the highest home appreciation rates of any community in the nation. Maple Valley real estate appreciated 101.46% over the last ten years, which is an average annual home appreciation rate of 7.26%, putting Maple Valley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Maple Valley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Maple Valley that despite a nationwide downturn in the housing market, Maple Valley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Maple Valley appreciation rates continue to be some of the highest in America, at 10.52%, which is higher than appreciation rates in 71.56% 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 Valley. Maple Valley appreciation rates in the latest quarter were at 3.76%, which equates to an annual appreciation rate of 15.90%.

Importantly, this makes Maple Valley one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Washington, our data show that Maple Valley's latest annual appreciation rate is lower than 80% 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 Maple Valley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Maple Valley - 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 Valley real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$552,183

Maple Valley, WA HOME PRICES

> $1,317,000
1.7%
1.7%
$988,001 - $1,317,000
3.0%
3.0%
$658,001 - $988,000
21.8%
21.8%
$526,001 - $658,000
27.3%
27.3%
$395,001 - $526,000
29.5%
29.5%
$264,001 - $395,000
13.2%
13.2%
$132,001 - $264,000
2.1%
2.1%
$66,001 - $132,000
0.1%
0.1%
$0 - $66,000
1.3%
1.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for WA

Value Relative To Nation

Number Of Homes And Apartments:
8,666

Maple Valley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
136.68% 4.09%
3
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,926 / per month

Homeownership Rate

Owners
84.5%
84.5%
Renters
15.5%
15.5%
Vacant
3.4%
3.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
42.4%
42.4%
1970 - 1999
52.1%
52.1%
1940 - 1969
4.1%
4.1%
1939 or Older
1.5%
1.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
86.8%
86.8%
Townhomes
6.3%
6.3%
Small Apt. Buildings
1.0%
1.0%
Apt. Complexes
3.4%
3.4%
Mobile Homes
2.4%
2.4%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.2%
0.2%
1 Bedroom
1.9%
1.9%
2 Bedrooms
10.0%
10.0%
3 Bedrooms
44.1%
44.1%
4 Bedrooms
36.8%
36.8%
5 or more bedrooms
7.0%
7.0%
0.0% 100.0%
% OF HOMES