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 2,058 people, 587 houses or apartments, and a median cost of homes of $380,241, Maysville real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Maysville, accounting for 82.07% of the town's housing units. Other types of housing that are prevalent in Maysville include mobile homes or trailers ( 14.29%), large apartment complexes or high rise apartments ( 3.65%).
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 88.13% of Maysville's homes, and 74.47% 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 2000 and later ( 36.32%). A lesser amount of the housing stock also hails from before 1939 ( 13.98%). There's also some housing in Maysville built between 1940-1969 ( 10.79%).
Vacant housing appears to be an issue in Maysville. Fully 10.79% 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.
In the last 10 years, Maysville has experienced some of the highest home appreciation rates of any community in the nation. Maysville real estate appreciated 149.04% over the last ten years, which is an average annual home appreciation rate of 9.55%, putting Maysville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Maysville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Maysville appreciation rates have trailed the rest of the nation. In the last twelve months, Maysville's appreciation rate has been 4.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Maysville were at 0.64%, which equates to an annual appreciation rate of 2.59%.
Relative to Georgia, our data show that Maysville's latest annual appreciation rate is lower than 80% of the other cities and towns in Georgia.
$380,241
for Georgia
for nation
587
$1,383 / per month