Jefferson, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Jefferson Neighborhoods Since 2000




Jefferson, GA 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

Jefferson Housing Market Information

With 10,195 people, 3,666 houses or apartments, and a median cost of homes of $197,126, Jefferson real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Jefferson, accounting for 83.75% of the city's housing units. Other types of housing that are prevalent in Jefferson include large apartment complexes or high rise apartments ( 6.95%), duplexes, homes converted to apartments or other small apartment buildings ( 5.33%), and a few mobile homes or trailers ( 2.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jefferson. Owner-occupied housing accounts for 71.62% of Jefferson's homes, and 69.57% have either three or four bedrooms, which is average sized relative to America.

Jefferson homes and real estate are some of the newest in America. 56.90% of Jefferson's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Jefferson real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 29.25%), and between 1940-1969 ( 9.73%). There's also some housing in Jefferson built before 1939 ( 4.12%).

Jefferson Home Appreciation Rates

Jefferson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Jefferson during the period has been just -0.89%, which is lower than 70% of US communities.

Over the last year, Jefferson appreciation rates have trailed the rest of the nation. In the last twelve months, Jefferson's appreciation rate has been 3.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jefferson were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Georgia, our data show that Jefferson's latest annual appreciation rate is lower than 60% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$197,126

Jefferson, GA HOME PRICES

Value Range
> $1,213,000 0.9
$910,001 - $1,213,000 0.1
$607,001 - $910,000 0.1
$485,001 - $607,000 1.6
$364,001 - $485,000 8.9
$243,001 - $364,000 11.3
$121,001 - $243,000 59.2
$60,001 - $121,000 12.8
$0 - $60,000 5.1

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
32.9602718856205 16.0676532769556

Number Of Homes And Apartments:
3,666

Jefferson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
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
13.33% 0.73% 3 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$893 / per month

Homeownership Rate

Homeownership
Owners 71.62
Renters 28.38
Vacant 5.61

Housing Market Details

 

Age of Homes

AGE OF Jefferson HOMES
2000 or Newer 56.9
1970 - 1999 29.2
1940 - 1969 9.7
1939 or Older 4.1

Types of Homes

TYPE OF Jefferson HOMES
Single-Family 83.8
Townhomes 1.6
Small Apt. Buildings 5.3
Apt. Complexes 7.0
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF Jefferson HOMES
No Bedroom 2.29
1 Bedroom 2.21
2 Bedrooms 15.83
3 Bedrooms 46.24
4 Bedrooms 23.33
5 or more bedrooms 10.09