Jamul, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jamul Neighborhoods Since 2000




Jamul, CA Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Jamul Housing Market Information

With a population of 6,400, 1,875 total housing units (homes and apartments), and a median house value of $816,047, Jamul house prices are not only among the most expensive in California, Jamul real estate also is some of the most expensive in all of America.

Jamul is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Jamul than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jamul. Owner-occupied housing accounts for 92.31% of Jamul's homes, and 71.22% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Jamul 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 Jamul built between 1940-1969 ( 18.48%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.04%). There's also some housing in Jamul built before 1939 ( 1.68%).

Jamul Home Appreciation Rates

Jamul's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Jamul during the period has been just -1.00%, which is lower than 70% of US communities.

Appreciation rates are so strong in Jamul that despite a nationwide downturn in the housing market, Jamul real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jamul appreciation rates continue to be some of the highest in America, at 8.06%, which is higher than appreciation rates in 87.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jamul. Jamul appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.89%.

Importantly, this makes Jamul 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 Jamul's latest annual appreciation rate is higher than 50% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$816,047

Jamul, CA HOME PRICES

Value Range
> $1,319,000 5.8
$989,001 - $1,319,000 13.6
$660,001 - $989,000 50.0
$528,001 - $660,000 14.8
$396,001 - $528,000 10.5
$264,001 - $396,000 3.0
$132,001 - $264,000 0.8
$65,001 - $132,000 0.4
$0 - $65,000 1.1

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.82233681003164 17.7248677248677

Number Of Homes And Apartments:
1,875

Jamul Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
83.77% 3.59% 5 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,611 / per month

Homeownership Rate

Homeownership
Owners 92.31
Renters 7.69
Vacant 9.77

Housing Market Details

 

Age of Homes

AGE OF Jamul HOMES
2000 or Newer 13.0
1970 - 1999 66.8
1940 - 1969 18.5
1939 or Older 1.7

Types of Homes

TYPE OF Jamul HOMES
Single-Family 96.7
Townhomes 0.7
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 2.6
Other 0.0

Home Size

SIZE OF Jamul HOMES
No Bedroom 0.72
1 Bedroom 2.74
2 Bedrooms 7.89
3 Bedrooms 36.33
4 Bedrooms 34.89
5 or more bedrooms 17.42