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
With 3,336 people, 1,375 houses or apartments, and a median cost of homes of $283,642, Jamestown real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Jamestown, accounting for 56.75% of the town's housing units. Other types of housing that are prevalent in Jamestown include mobile homes or trailers ( 20.65%), large apartment complexes or high rise apartments ( 15.71%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.19%).
The most prevalent building size and type in Jamestown are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 63.49% owning and 36.51% renting.
There is a lot of housing in Jamestown 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 Jamestown built between 1940-1969 ( 17.14%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.82%). There's also some housing in Jamestown built before 1939 ( 5.19%).
Vacant housing appears to be an issue in Jamestown. Fully 10.71% of the housing stock is classified as vacant. Left unchecked, vacant Jamestown homes and apartments can be a drag on the real estate market, holding Jamestown 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.
Homes have actually lost value in Jamestown over the last then years, as home values have seen a decline of 27.22% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Jamestown home appreciation rates at 1.82%, which equates to an annual appreciation rate of 7.47%.
NeighborhoodScout's data show that during the latest twelve months, Jamestown's appreciation rate, at 4.17%, has been at or slightly above the national average. In the latest quarter, Jamestown's appreciation rate has been 1.82%, which annualizes to a rate of 7.47%.
Importantly, this makes Jamestown one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to California, our data show that Jamestown's latest annual appreciation rate is lower than 90% of the other cities and towns in California.
|$916,001 - $1,222,000||4.2|
|$611,001 - $916,000||7.5|
|$489,001 - $611,000||5.3|
|$367,001 - $489,000||14.4|
|$244,001 - $367,000||17.6|
|$122,001 - $244,000||17.0|
|$61,001 - $122,000||11.5|
|$0 - $61,000||19.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Jamestown HOMES|
|2000 or Newer||11.8|
|1970 - 1999||65.8|
|1940 - 1969||17.1|
|1939 or Older||5.2|
|TYPE OF Jamestown HOMES|
|Small Apt. Buildings||5.2|
|SIZE OF Jamestown HOMES|
|5 or more bedrooms||0.00|