The housing market in Maplewood, MN is a strong one, boasting a median value of $309,700. This is considerably lower than the US median house value of $338,100. However, Maplewood's appreciation rate for houses over the last year has been 4.70%, which is still higher than the national average of 8.27%. As such, homes in Maplewood remain an attractive and viable option for potential home buyers looking for reasonable housing values and good appreciation rates.
The median home cost in Maplewood is $309,700. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Maplewood is up 9.2%.
Average Age of Homes
- The median age of Maplewood real estate is 39 years old
The Rental Market in Maplewood
- Renters make up 27.0% of the Maplewood population
- 1.8% of houses and apartments in Maplewood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.