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 1,742, 875 total housing units (homes and apartments), and a median house value of $421,248, Maggie Valley real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Maggie Valley, accounting for 65.96% of the town's housing units. Other types of housing that are prevalent in Maggie Valley include mobile homes or trailers ( 15.96%), large apartment complexes or high rise apartments ( 8.85%), and a few row houses and other attached homes ( 5.21%).
Dwellings in Maggie Valley tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 53.26% of the homes in Maggie Valley have two or fewer bedrooms.
Maggie Valley homes and real estate are some of the newest in America. 47.39% of Maggie Valley's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Maggie Valley real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.99%), and between 1940-1969 ( 8.52%). There's also some housing in Maggie Valley built before 1939 ( 3.09%).
A decent proportion of the Maggie Valley housing stock is seasonally occupied. That is, homes and condos in Maggie Valley are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Maggie Valley housing market speaks to its popularity as a vacation location of choice.
In the last 10 years, Maggie Valley has experienced some of the highest home appreciation rates of any community in the nation. Maggie Valley real estate appreciated 123.86% over the last ten years, which is an average annual home appreciation rate of 8.39%, putting Maggie Valley in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Maggie Valley 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, Maggie Valley appreciation rates have trailed the rest of the nation. In the last twelve months, Maggie Valley's appreciation rate has been 2.34%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Maggie Valley were at -0.10%, which equates to an annual appreciation rate of -0.40%.
Relative to North Carolina, our data show that Maggie Valley's latest annual appreciation rate is higher than 60% of the other cities and towns in North Carolina.
$421,248
for North carolina
for nation
875
$1,601 / per month