Jamul, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Jamul Neighborhoods Since 2000




Jamul, CA Real Estate Data


Jamul Housing Market Information

With a population of 6,400, 1,704 total housing units (homes and apartments), and a median house value of $755,060, real estate costs in Jamul are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

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 87.28% of Jamul's homes, and 73.30% 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 ( 18.49%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.93%).

Vacant housing appears to be an issue in Jamul. Fully 11.98% of the housing stock is classified as vacant. Left unchecked, vacant Jamul homes and apartments can be a drag on the real estate market, holding Jamul 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.

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 -1.57%, which is lower than 80% 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 6.68%, which is higher than appreciation rates in 81.83% 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 1.81%, which equates to an annual appreciation rate of 7.42%.

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:
$755,060

Jamul, CA HOME PRICES

Value Range
> $1,318,000 3.1
$989,001 - $1,318,000 11.9
$659,001 - $989,000 50.4
$527,001 - $659,000 16.9
$396,001 - $527,000 11.2
$264,001 - $396,000 3.0
$132,001 - $264,000 1.1
$66,001 - $132,000 0.4
$0 - $66,000 2.0

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.34233179129824 21.2681638044914

Number Of Homes And Apartments:
1,704

Rent & Ownership

 

Average Market Rent:
$2,650 / per month

Homeownership Rate

Homeownership
Owners 87.28
Renters 12.72
Vacant 11.98

Housing Market Details

 

Age of Homes

AGE OF Jamul HOMES
2000 or Newer 14.9
1970 - 1999 65.7
1940 - 1969 18.5
1939 or Older 0.9

Types of Homes

TYPE OF Jamul HOMES
Single-Family 98.4
Townhomes 1.1
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Jamul HOMES
No Bedroom 0.67
1 Bedroom 0.72
2 Bedrooms 9.81
3 Bedrooms 38.33
4 Bedrooms 34.97
5 or more bedrooms 15.50

Jamul Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
74.11% 3.32% 5 9
* 10 is highest